Wonderful investment opportunity in an Ideal location with potential to grow and cashflow on this fourplex! It has an unfinished space that could be turned into a 5th unit or short term rental as this property is super close to the hospital, easy commute to Anchorage and close to either Palmer or Wasilla plus all the amenities in-between! Gorgeous mountain views and excellent rental history!3 of the units are 2 Large bedrooms and 1 bathroom, 1 unit is 3 generous bedrooms and 1 bathroom. The bottom units have their own fenced in back yard and the top units have their own large decks. Each unit has it's own washer and dryer. Plenty of parking and extra space on this 1.36 acre lot! Fresh front exterior paint last summer. Units C and D have been redone/updated with fresh paint, flooring and appliances in 2023/2024! One unit will be available to owner occupy!
Sold on 04/07/25
Price Unknown
6101 E Gershmel Loop, Palmer, AK 99645
9beds
6,400sqft
Quadruplex
Built in 1977
-- sqft lot
$686,200 Zestimate®
$--/sqft
$1,767 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 10:46am
Listed by:
Hailee Rahm,
Signature Real Estate Alaska
Bought with:
Hailee Rahm
Signature Real Estate Alaska
Source: AKMLS,MLS#: 24-14923

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas
Appliances
- Included: Washer/Dryer
- Laundry: Washer/Dryer HkUp
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
Interior area
- Total structure area: 6,400
- Total interior livable area: 6,400 sqft
Property
Parking
- Parking features: Circular Driveway, No Carport, No Garage
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: No Access, None
Lot
- Size: 1.36 Acres
- Topography: Level
Details
- Parcel number: 5798000L003
- Zoning: UNK
- Zoning description: Unknown (re: all MSB)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Masonry, Wood Siding, Frame
- Foundation: Block
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1977
- Major remodel year: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Palmer
Other
Other facts
- Road surface type: Gravel, Paved