Opportunity knocks with this duplex fix-and-flip in the heart of Anchorage's Fairview neighborhood. This 4-bed, 2-bath property is zoned R2M and offers serious upside for investors willing to roll up their sleeves. The property sustained fire damage. Interiors are partially gutted and require a full rehab. Potential for strong rental income post-rehab. This is Perfect for Buy-and-hold investorsor experienced flippers/developers looking to add value...Cash or hard money only. Buyer to verify all information independently. Showings by appointment only. Features include: " Boarded windows and exterior smoke damage " Exposed framing and ceiling damage inside " Public water/sewer " Wood frame construction (2x4) " Poured concrete foundation " Potential for strong rental income post-rehab " Lot size: 6,250 sq ft Perfect for: " Buy-and-hold investors " Experienced flippers " Developers looking to add value in a high-demand multifamily zone Sold As-Is. No warranties expressed or implied. Cash or hard money only. Buyer to verify all information independently. Showings by appointment only do not disturb occupants or attempt to enter without scheduling.
Sold on 05/22/25
Price Unknown
203 N Lane St, Anchorage, AK 99508
4beds
1,536sqft
Duplex
Built in 1983
-- sqft lot
$125,600 Zestimate®
$--/sqft
$2,308 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 07:31am
Listed by:
Richard Davids,
Sun Properties, LLC
Bought with:
Won S Zong
RE/MAX Dynamic Properties
Source: AKMLS,MLS#: 25-4569

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Unknown
Features
- Flooring: Hardwood, Tile
- Has basement: No
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Waterfront features: No Access, None
Lot
- Size: 6,098 sqft
Details
- Parcel number: 0050213800001
- Zoning: R2M
- Zoning description: Multi Family Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Frame - 2x4
- Foundation: Concrete Perimeter
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1983
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Anchorage
Other
Other facts
- Road surface type: Paved