MUNI Calls it a Duplex with 2 Cabins. All 4 Units Rent! Fabulous cash flow for the investor! Super cute well done and updated 3 Small and 1 Tiny House. Each unit has one bedroom and one bathroom. Many built-ins including the beds with dressers. So very well done! Long term renters. Each unit also has its own lockable storage building.Owner occupy and live virtually free, rent as BnB's, or continue with long term rentals. Each unit has it owns heating and hot water system. There are a total of 8 raised garden beds, 7 producing apples trees, and a sweet little court yard. Units are separate buildings so no common area to be concerned about and each tenant has there own 4 walls! Next summer Muni is putting in brand new water lines and septic lines! One unit has historical interest as it once was a 10 man barracks on the base, back in the day, although hard to see that now - its beautiful! Nice walkway to each unit off the ground. Various improvements have been made throughout the years! Muni says building was built 1963, however the Tiny House was built in 1979, there was an old mobile home from 1963 that has been removed long ago! Rent all 4 to create a wonderful cash flow opportunity or live in one unit and rent the others. Great area close to medical! Units are always rented. Currently owner occupies one unit. Rents are consistent for the 3 rented units bringing in $3,400 per month. Seller pays utilities. Rents have not been increased in quite a while.
Sold
Price Unknown
2864 E 42nd Ave, Anchorage, AK 99508
4beds
1,420sqft
Quadruplex
Built in 1963
-- sqft lot
$459,700 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 01:57pm
Listed by:
Sheila Monson,
Keller Williams Realty Alaska Group of Wasilla
Bought with:
Keenan W Fitzpatrick
Real Broker Alaska
Source: AKMLS,MLS#: 24-12236

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Washer/Dryer
- Laundry: Common Area
Features
- Storage, Vaulted Ceiling(s)
- Has basement: No
Interior area
- Total structure area: 1,420
- Total interior livable area: 1,420 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Carport, No Garage
- Carport spaces: 2
Features
- Waterfront features: No Access, None
Lot
- Size: 0.25 Acres
- Features: City Lot
- Topography: Level
Details
- Parcel number: 0080324100001
- Zoning: R3
- Zoning description: Multiple Family Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding, Frame
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1963
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Anchorage
Other
Other facts
- Road surface type: Paved