809 O Place, Anchorage, AK 99501

$1,250,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,550 Lot Size (sq. ft.): 7,488 Status: Coming Soon
Current Price: $1,250,000 Last Modified: 7/29/2026

Description

Own the entire building in one of Anchorage's most sought-after neighborhoods. This rare Bootleggers Cove opportunity includes all four 2-bedroom, 1-bath condo units, currently operating as turnkey Airbnb rentals with immediate income. Whether you're expanding your portfolio or completing a 1031 exchange, opportunities like this rarely come to market.

Supplements: Opportunities like this rarely come available in Anchorage's highly sought-after Bootleggers Cove neighborhood. Offered as one package, this "four-plex" consists of all four (4) condominium units, giving the next owner complete control of the entire building. Located at 809, 811, 813, and 815 O Place, each unit offers 2 bedrooms, 1 bathroom, for a combined 3,550 square feet of living space and each unit has its own carport. The property is currently operating as a successful short-term rental portfolio with all four units actively serving vacation rentals/STR guests, creating an immediate income-producing opportunity for investors looking to expand their portfolio or enter Anchorage's thriving vacation rental market. Continue operating as a turnkey STR investment, explore long-term rental potential, or occupy one unit while generating income from the others. Bootleggers Cove continues to be one of Anchorage's premier locations, just minutes from Downtown, the Coastal Trail, Park Strip, restaurants, shopping, and some of the city's most recognizable attractions. The combination of location, flexibility, and existing income potential makes this a unique investment that is difficult to replicate. Whether you're looking for a stabilized investment, a portfolio addition, or a long-term appreciation play in one of Anchorage's strongest neighborhoods, this is an opportunity worth a serious look.

More Information MLS# 26-9456

Contract Info

Price-List: 1250000 Date-Listing: 2026-07-28 Status: Coming Soon Foreclosure/Bank Own: No

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 809 Street Name: O Arterial: Place Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 8 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 4 Year Built: 1973 SF-Res: 3550 Number of Units: 4 SF-Lot: 7488 Acres: 0.17 Carport Spaces: 4 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: From I Street, head west on W 9th Ave, turn right onto O Place. Property is on the right at 809-815 O Place.

Mortgage Info

EM Minimum Deposit: 12000

Property Features

Multi-Family Type: Quadruplex Foundation Type: Block Construction Type: Wood Frame - 2x4 Garage Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Docs Avl for Review: Prop Discl Available Listing Terms Financing: Cash; Conventional
Listing Office: Real Broker B Street
Last Updated: July - 29 - 2026
809 O Place, Anchorage, AK 99501- MLS# 26-9456
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.