8621 Molanary Drive, Anchorage, AK 99502
$695,000
Property Type:
Multi-Family
Bedrooms:
9
Baths:
4
Square Footage:
3,448
Lot Size (sq. ft.):
7,764
Status:
Closed
Current Price:
$695,000
Last Modified:
5/04/2026
Description
Take advantage of this excellent investment opportunity in the South Anchorage! This well-maintained 4-plex features one spacious 3-bedroom, 1-bath unit and three comfortable 2-bedroom, 1-bath units. Each unit has dedicated off-street parking, and tenants have access to laundry.
Ideally located just minutes from the airport, as well as popular restaurants and shopping, this property
Supplements: appeals to both tenants and investors alike. The fenced yard provides added privacy and outdoor space, while dedicated off-street parking ensures convenience for all residents. With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in one unit while renting out the others or expand your portfolio, this 4-plex is an excellent opportunity.
More Information MLS# 26-2652
Contract Info
Price-List: 695000
Date-Listing: 2026-03-19
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2026-03-22
Date-Closing: 2026-05-01
Location Tax and Legal
Area: 15 - W Tudor Rd - Dimond Blvd
Street #: 8621
Street Name: Molanary
Arterial: Drive
Closest USPS Town: Anchorage
State: AK
Zip Code: 99502
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 9
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Year Built: 1978
SF-Res: 3448
Number of Units: 4
SF-Lot: 7764
Acres: 0.18
Prkg Spcs: 6
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Directions and Remarks
Directions: West on Dimond Blvd, Right on Jewel Lake Rd, Right on W. 88th, Left on Molanary Drive. Property on the Right.
Property Features
Multi-Family Type: Quadruplex; Up and Down
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Paved; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer HkUp; Paved Driveway
Flooring: Carpet; Laminate; Vinyl
Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Asbuilt ›
Muni Sign off doc ›Listing Office: Herrington and Company, LLC
Last Updated: May - 04 - 2026
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.
