5471 W Adventurer Boulevard, Wasilla, AK 99623

$745,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 4,200 Lot Size (sq. ft.): 40,075 Status: Active
Current Price: $745,000 Last Modified: 6/16/2026

Description

Exceptional investment opportunity with this well-maintained fourplex offering strong rental history, steady income potential and opportunity for owner occupancy. This property has been owner occupied and maintained with incredible care. *NEW SEPTIC* TANK/FIELD '20. 2 BD, 1 BA, 1 Car garage units. The common entry is clean and inviting.

Supplements: The tenant screening process and careful selection over the years has resulted in a clean, well-maintained property, this building is ready for immediate occupancy or for a future investor that wants confidence with a sound purchase. The cleanest multifamily I have seen in years. Units are 1000 sq ft, feature open concept floor plans. Units have south facing windows, large kitchens with maple cabinets and islands boasting excellent prep space. They offer plenty of storage, have a washer and dryer in each unit. This convenient location is close to mile 7 of KGB with access to 3 Bears, Vine Road and Settlers Bay. The yard space is safe and private. The easy to clean vinyl siding keeps the building looking fresh and attractive. Significant Updates Include: Septic tank and field were replaced in 2020 24 appliances have been replaced since purchase Window shades in each unit 60% of the building has new interior paint. Thermostats are locked and preprogrammed to minimize excessive utility cost. Hose bib locks installed to ensure unnecessary use. 3 of 4 new Kitchen faucets (units 2,3,4) All 4 washer boxes were replaced Just to present a fresh appearance Light bulbs 60K 840 lumens all are uniform Replaced Emergency lighting. Outdoors: June 2024- back yard filled in with new topsoil and reseeded Unit 1: Coat hooks installed in unit and garage Replaced all window shades September 2024 Replaced washing machine September 2024 Painted garage May 2024 Replaced range hood March 2024 Unit 2: Coat hooks installed in unit and garage Installed vinyl plank flooring in bedrooms April 2025 Shelves built in garage closet June 2023 Painted Garage May 2023 Unit 3: Coat hooks installed in unit and garage New Dishwasher December 2025 New Range Hood May 2025 Built garage shelves August 2024 Garage Painted May 2024 Installed vinyl plank flooring in bedrooms December 2023 Unit 4: Coat hooks installed in unit and garage Painted bathroom, hallway, living room, kitchen April 2025 Painted Garage May 2023 New Range hood January 2024 Installed vinyl plank flooring in bedrooms May 2023 Tenant's Responsibility: Electricity Directly to MEA Owner's Responsibility: Heat, Garbage, Water/Sewer, Landscaping/Snow Removal Unit 1: $1389 - Month to month Unit 2: $1375 - Year lease -Dec'25- Dec '26 Unit 3: Owner Occupied Unit 4: $1389 - Month to month

More Information MLS# 26-884

Contract Info

Price-List: 745000 Date-Listing: 2026-01-30 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: WA - Wasilla Street #: 5471 Directional: W Street Name: Adventurer Arterial: Boulevard Closest USPS Town: Wasilla State: AK Zip Code: 99623

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: 8 Lot Area Source: Tax Authority Zoning: UNK - Unknown (re: all MSB)

Directions and Remarks

Directions: West on KGB, 1/4 mile past Three Bears, first road on the right

Unit #1

Bath - Full: 1 Bedroom: 2 Garage: 1

Unit #2

Bath - Full: 1 Bedroom: 2 Garage: 1

Unit #3

Bath - Full: 1 Bedroom: 2 Garage: 1 Parking Spaces: 1

Unit #4

Bath - Full: 1 Bedroom: 2 Garage: 1

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Vinyl Roof Type: Asphalt; Composition; Shingle Foundation Type: Poured Concrete Construction Type: Wood Frame Garage Type: Attached Carport Type: None Heating: Baseboard Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Dedicated Road View Type: Mountains Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Owner Occupied; Tenant Storage; Washer/Dryer Flooring: Luxury Vinyl; Tile To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Tanner Group Premier Real Estate
Last Updated: June - 16 - 2026
5471 W Adventurer Boulevard, Wasilla, AK 99623- MLS# 26-884
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.