If you've been looking for a home with income potential, this one checks all the boxes!This fully renovated 4 bedroom, 3 bathroom home in Wasilla has two fully separate living spaces ideal for long-term rentals, Airbnb, or multigenerational living. You could live in one unit and rent out the other, or keep both rented and let this place pay for itself.There's also a beautiful bonus flex space that's perfect for a home office, studio, or whatever you need a little extra room for. It could even be another income stream if you get really creative. Whether you're looking to build long term wealth or just want space to spread out, this property gives you flexibility and options!
For sale
Price cut: $9K (6/12)
$550,000
1551 S Oat St, Wasilla, AK 99654
4beds
2,968sqft
Est.:
Single Family Residence
Built in 1981
1.58 Acres Lot
$539,600 Zestimate®
$185/sqft
$-- HOA
What's special
Beautiful bonus flex space
- 20 days
- on Zillow |
- 1,122 |
- 99 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 01:57pm
Listed by:
Kelsea A Doucakis,
Keller Williams Realty Alaska Group of Wasilla,
Makenzie Wilkins,
Keller Williams Realty Alaska Group of Wasilla
Source: AKMLS,MLS#: 25-6216

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Appliances
- Included: Dishwasher, Refrigerator
Features
- Basement, BR/BA on Main Level, Pantry, Sauna
- Flooring: Luxury Vinyl
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,968
- Total interior livable area: 2,968 sqft
Property
Parking
- Parking features: Circular Driveway, RV Access/Parking, No Garage, No Carport
- Has uncovered spaces: Yes
Features
- Exterior features: Private Yard
- Waterfront features: None, No Access
Lot
- Size: 1.58 Acres
- Features: City Lot, Road Service Area
- Topography: Level,Sloping
Details
- Additional structures: Shed(s)
- Parcel number: 51049000T001
- Zoning: UNK
- Zoning description: Unknown (re: all MSB)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Hlsd Rnch/Dlt Bsmnt
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1981
- Major remodel year: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electric
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $331,100
- Annual tax amount: $4,130
- Date on market: 5/27/2025
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