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344 E 15th St
Anchorage, AK 99501
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Downtown Multifamily - Trail Access
- Excellent Amenities & Longterm Tenants
- Well Maintained Building
Executive Summary
Well-maintained 7-unit apartment building featuring fresh ext. paint & a newer roof. A proven performer with long-term tenants who would love to stay. 5 units enjoy private south-facing balconies overlooking the Sullivan Park baseball fields, providing an uncommon open-space setting. The spacious top-floor penthouse offers a large living areas and mountain views. Additional amenities include two separate on-site laundry facilities, a dedicated workshop adjacent to the boiler room, and ample utility/storage space for streamlined property management. Combining pride of ownership, a desirable unit mix, quality capital improvements, and a loyal tenant base, 344 E. 15th Avenue presents an outstanding opportunity for investors seeking a stable, turnkey multifamily asset in one of Anchorage's most convenient locations.
Recent appraisal is in at $855,000, and majority of Health Life and Safety Repairs addressed.
Recent appraisal is in at $855,000, and majority of Health Life and Safety Repairs addressed.
Property Facts
| Price Per Unit | $121,414 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,588 SF |
| Cap Rate | 8.88% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.85/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R4, Anchorage - Third Addn L6 B34A | ||
| Price Per Unit | $121,414 |
| Sale Type | Investment |
| Cap Rate | 8.88% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,588 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2026 |
| Parking Ratio | 1.85/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4, Anchorage - Third Addn L6 B34A |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Storage Space
- Oven
- Tub/Shower
- Views
- Carpet
- Breakfast Nook
- Built-In Bookshelves
- Deck
- Pantry
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,400 | 600 |
| 2+1 | 6 | $1,600 | 1,000 |
Property Taxes
| Parcel Number | 00216355000 | Improvements Assessment | $600,000 |
| Land Assessment | $85,800 | Total Assessment | $685,800 |
Property Taxes
Parcel Number
00216355000
Land Assessment
$85,800
Improvements Assessment
$600,000
Total Assessment
$685,800
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