MatSu Living

5281 E McDowell Road, Wasilla, AK 99654

$719,000
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 3,000 Lot Size (sq. ft.): 45,302 Status: Active
Current Price: $719,000 Last Modified: 6/19/2026

Description

LOCATION LOCATION LOCATION! CLOSE TO HATCHER PASS! Rare opportunity to own a thoughtfully designed detached duplex offering flexibility for investors, owner-occupants, or multigenerational living on over an acre of flat, usable land at the end of a quiet culdesac. Each unit features approximately 1,500 square feet of living space with 2 bedrooms, 2 bathrooms and additional

Supplements: space that could serve as a bonus room, office, guest area, or hobby space. Separate kitchenette hookups provide even more versatility for a variety of living arrangements. Built with function and comfort in mind, both units showcase quality finishes throughout including LVP flooring, upgraded appliances, abundant storage, and well-designed floorplans that maximize usable living space. Pride of ownership is evident at every turn. Enjoy efficient radiant in-floor heat throughout each unit, along with gas plumbing already in place for the range, washer and dryer, and a future gas stove in the living room if desired. The spacious layouts offer excellent separation of living spaces while maintaining an open and inviting feel. Outside, ample parking allows flexibility depending on owner preference and configuration. Whether you're looking to generate rental income, live in one side and rent the other, or accommodate extended family, this unique property offers exceptional versatility and long-term value. Close to Hatcher Pass and within walking distance of Reed Lake and public access to the Little Su-properties with this level of design, functionality, and pride of ownership are hard to find. Don't miss your chance to own a truly special investment opportunity!

More Information MLS# 26-7359

Contract Info

Price-List: 719000 Date-Listing: 2026-06-18 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: WA - Wasilla Street #: 5281 Directional: E Street Name: McDowell Arterial: Road Closest USPS Town: Wasilla State: AK Zip Code: 99654

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 4 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 2 Year Built: 2024 SF-Res: 3000 Number of Units: 2 SF-Lot: 45302.4 Acres: 1.04 Prkg Spcs: 5 Lot Area Source: Tax Authority Zoning: MFR - Multi-Family Residential

Directions and Remarks

Directions: From E Palmer Wasilla Highway take a Right on Trunk. Take third exit at roundabout onto E Bogard and a right on N Engstrom.

Property Features

Multi-Family Type: Duplex; Other - See Remarks Exterior Finish: Wood Roof Type: Asphalt; Shingle Foundation Type: Block Construction Type: Wood Frame - 2x6 Garage Type: None Carport Type: None Heating: Radiant Floor Sewer-Type: Septic Tank Water Source: Private; Well Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp Flooring: Luxury Vinyl To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS; Prop Discl Available; Other - See Remarks

Documents

Listing Office: Keller Williams Realty Alaska Group of Wasilla
Last Updated: June - 19 - 2026
5281 E McDowell Road, Wasilla, AK 99654- MLS# 26-7359
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.
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