HUGE $25K Price Drop! Turnkey Duplex - Live, Rent, or Airbnb!JUST REDUCED BY $25,000! This high-income duplex is a rare find--perfect for investors, Airbnb hosts, or owner-occupants looking to maximize their income potential. Justin Lyman at Fidelity Title provides great service!The upper unit boasts 3 spacious bedrooms, 2 full baths, 1,508 sq. ft. of bright, open living space, a stunning marble fireplace, and French doors leading to a private deck the perfect spot to unwind. The lower unit is just as inviting, featuring 2 bedrooms, 1 bath, 1,200 sq. ft., an airy kitchen and dining area, and its own private deck, ideal for BBQs and entertaining. Extras include an oversized garage that fits 1.75 cars, a massive 260 sq. ft. storage room, and a 10 ft. double gate with alley access great for boats, trailers, or extra parking. Recent upgrades include a brand-new roof completed in September 2024, fresh exterior paint, and newly updated decks, stairs, and French doors. With both units currently rented below market, there's huge potential for increased cash flow.
For sale
Price cut: $25K (3/14)
$559,000
3107 W 31st Ave, Anchorage, AK 99517
5beds
2,708sqft
Est.:
Duplex
Built in 1965
-- sqft lot
$558,700 Zestimate®
$206/sqft
$-- HOA
What's special
Cozy open living spaceStunning marble fireplaceFrench doorsDining areaRaspberry bushesSpacious bedroomsBright kitchen
- 214 days
- on Zillow |
- 797 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: March 14, 2025 at 11:50am
Listed by:
Deborah Jordan,
Frontier Realty,
Frank Zellers,
Frontier Realty
Source: AKMLS,MLS#: 24-12668

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Appliances
- Included: Washer/Dryer
Features
- Storage
- Flooring: Carpet, Laminate, Linoleum
- Has basement: No
Interior area
- Total structure area: 2,708
- Total interior livable area: 2,708 sqft
Property
Parking
- Total spaces: 1
- Parking features: Paved, Attached, Tuck Under
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Waterfront features: No Access, None
Lot
- Size: 6,969.6 Square Feet
- Features: City Lot
- Topography: Level
Details
- Parcel number: 0100323700001
- Zoning: R2M
- Zoning description: Multi Family Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Frame - 2x6
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1965
- Major remodel year: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $472,000
- Annual tax amount: $7,620
- Date on market: 10/3/2024
- Road surface type: Paved
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