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Key Details
Sold Price $799,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $273
Subdivision Blue Hills Overlook
MLS Listing ID 26-10007
Sold Date 10/05/26
Bedrooms 8
Full Baths 5
Construction Status Existing Structure
Year Built 2022
Annual Tax Amount $8,901
Lot Size 1.010 Acres
Acres 1.0
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
Property Description
Excellent owner occupant or investment opportunity on just over an acre! This detached four plex features a spacious, upgraded owner's unit with 2 bedrooms, 2 bathrooms, and an attached 1 car garage, plus three additional 2 bedroom, 1 bath rental units. One of the 1 bath units was remodeled in 2026, adding even more appeal to this income-producing property. Each unit offers desirable features including luxury vinyl plank flooring in the main living areas, solid wood soft close cabinetry, on demand hot water, and separately metered utilities. The property is also 5-Star Energy Rated, helping provide efficiency and comfort for owners and tenants alike.
For buyers looking to offset their housing costs with rental income, this property may qualify for VA or FHA owner occupied financing, subject to lender requirements. Eligible borrowers may also be able to use a portion of qualifying rental income toward loan qualification.
Live in the larger owner's unit while the other three units generate income, or add the entire property to your investment portfolio. With four separate residences, over an acre of land, efficient construction, and strong rental potential, this property offers flexibility that's hard to find.
Location
State AK
Community Blue Hills Overlook
Area Ml - Meadow Lakes
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Direction North on Stanley from Parks Hwy. Left on Lamont Way, Right on Muffin St, Right on Roca St, Left on Sassy Ave, Right on Tigger Drive, Left on Adirondack. Four plex is on the right.
Interior
Heating Electric, Radiant Floor
Flooring Luxury Vinyl
Exterior
Parking Features Attached
Garage Spaces 1.0
Garage Description 1.0
Waterfront Description None
Water Access Desc Private
Roof Type Shingle,Asphalt
Topography Gently Rolling
Building
Lot Description Gently Rolling
Foundation Poured Concrete
Lot Size Range 1.0
Sewer Septic Tank
Water Private
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 7473B01L007
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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The Mary Cox Real Estate Team
Broker Associate License ID: AK11792
Broker Associate License ID: AK11792



