3505 Iowa Street, Anchorage, AK 99517 (MLS# 25-5151)

3505 Iowa Street, Anchorage, AK 99517

$750,000
Property Type: Multi-Family Bedrooms: 12 Baths: 6 Square Footage: 5,378 Lot Size (sq. ft.): 7,688 Status: Closed
Current Price: $750,000 Last Modified: 10/13/2025

Overview

Description

Presenting a well-maintained and recently upgraded 6-unit multifamily investment property. This 6- plex represents a prime investment opportunity in Anchorage's dynamic rental market. With its recent upgrades, strong tenant appeal, and solid financials, it's a must-see for any investor.

Listing Details MLS# 25-5151

Contract Info

Price-List
750000
Date-Listing
2025-05-06
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-07-06
Date-Closing
2025-10-10

Location Tax and Legal

Area
10 - Spenard
Street #
3505
Street Name
Iowa
Arterial
Street
Closest USPS Town
Anchorage
State
AK
Zip Code
99517

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
12
Bathrooms Full
6
Bathrooms Total
6
Bldgs-Ttl #
Yes
Year Built
1970
SF-Res
5378
Number of Units
6
SF-Lot
7688
Acres
0.18
Carport Spaces
6
Prkg Spcs
8
Lot Area Source
Tax Authority
Zoning
R1 - Single Family Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0

Directions and Remarks

Directions
Minnesota south to right (west) on 36th, across railroad tracks, just past the Boys & Girls Club, go right on Iowa, building cat-a-corner from park with playground equipment.

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1627
Tax Map #-Mat-Su
N/A
Legal
Anderson Miller L3
Taxes (Estimated)
8406.7
Tax Year
2024
School-Elementary
Northwood
School-Middle
Romig
School-High
West Anchorage

More Information

Multi-Family Type

Apartment Style
Yes
Multi Family
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

Conventional
Yes

Exterior Finish

Masonry
Yes
Metal
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Roof Type

Unknown - BTV
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

Detached
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Paved
Yes

Features-MultiFamily

Laundry Facility
Yes

Property Features

Multi-Family Type: Apartment Style; Multi Family Exterior Finish: Masonry; Metal Roof Type: Unknown - BTV Foundation Type: Block Carport Type: Detached Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Laundry Facility To Show: ShowingTime Listing Terms Financing: Conventional
Listing Office: Real Broker Alaska
IDX
Last Updated: October - 13 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

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