465 W Roy Road, Wasilla, AK 99654

$735,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 4,200 Lot Size (sq. ft.): 40,075 Status: Closed
Current Price: $735,000 Last Modified: 1/27/2026

Description

Great opportunity to own a partially updated fourplex just minutes from downtown Wasilla! This property includes four 2-bedroom, 1-bathroom units, each with its own 1-car garage. Each unit features an in-unit washer and dryer, and plenty of parking out front — a big plus for tenants and guests.

Supplements: Electric is separately metered for each unit, while gas is shared, making utilities easy to manage. Current rents are below market value, creating potential for future income growth. Whether you're looking to add a solid rental property to your portfolio or live in one unit while renting out the others, this fourplex offers flexibility and long-term upside. Located close to shopping, schools, and main roads, it's easy to keep rented and convenient for tenants and owners alike.

More Information MLS# 25-12090

Contract Info

Price-List: 735000 Date-Listing: 2025-09-18 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2025-12-09 Date-Closing: 2026-01-27

Location Tax and Legal

Area: WA - Wasilla Street #: 465 Directional: W Street Name: Roy Arterial: Road Closest USPS Town: Wasilla State: AK Zip Code: 99654

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 8 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 1 Year Built: 2004 SF-Res: 4200 Number of Units: 4 SF-Lot: 40075.2 Acres: 0.92 Garage Spaces: 4 Prkg Spcs: 10 Lot Area Source: Tax Authority Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Directions and Remarks

Directions: Head West on Parks Hwy. Turn Right on Lucille Street. Turn Left on Spruce Ave. Turn Right on West Roy Rd. Destination will be on the Left. 5*+ at time of construction.

Property Features

Multi-Family Type: Quadruplex; Up and Down Exterior Finish: Vinyl Roof Type: Asphalt; Composition; Shingle Foundation Type: Poured Concrete Garage Type: Detached Carport Type: None Heating: Baseboard; Electric; Natural Gas; Separate Meters Sewer-Type: Septic Tank Water Source: Private Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Covenants; CO Detector(s); Smoke Detector(s); Paved Driveway To Show: ShowingTime
Listing Office: Signature Real Estate Alaska
Last Updated: January - 27 - 2026
465 W Roy Road, Wasilla, AK 99654- MLS# 25-12090
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.