5040 S Mainsail Avenue, Wasilla, AK 99623 (MLS# 25-10196)

5040 S Mainsail Avenue, Wasilla, AK 99623

$750,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 4,000 Lot Size (sq. ft.): 40,511 Status: Closed
Current Price: $750,000 Last Modified: 2/02/2026

Overview

Description

Well maintained, fully rented four plex in a great area! Each unit is 2Bd/1Ba/1Car Garage. Units feature stainless steel appliances, granite counters, large kitchens, in unit laundry, ample parking and have been well maintained. Newer flooring, paint, boiler, gutters and tankless water heater.

Listing Details MLS# 25-10196

Contract Info

Price-List
750000
Date-Listing
2025-08-08
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-12-08
Date-Closing
2026-01-30

Location Tax and Legal

Area
WA - Wasilla
Street #
5040
Directional
S
Street Name
Mainsail
Arterial
Avenue
Closest USPS Town
Wasilla
State
AK
Zip Code
99623

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
8
Bathrooms Full
4
Bathrooms Total
4
Bldgs-Ttl #
Yes
Year Built
2012
SF-Res
4000
Number of Units
4
SF-Lot
40510.8
Acres
0.93
Garage Spaces
4
Prkg Spcs
8
Lot Area Source
Tax Authority
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Bathrooms Half
0
Bathrooms Three Quarter
0
Carport Spaces
0

Directions and Remarks

Directions
Parks Hwy, L on Knik Goose Bay Rd, R on Mainsail, L on Mainsail - last driveway on R

Building Info

Units- # of 2 BR
4

More Information

Mortgage Info

EM Minimum Deposit
7500

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
HO16
Legal
Settlers Bay 1 L15 B4
Taxes (Estimated)
9459
Tax Year
2025
School-Elementary
Knik
School-Middle
Redington Jr/Sr
School-High
Redington Jr/Sr
Assessed Value
739200

Multi-Family Type

Quadruplex
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

1031 Exchange
Yes
Assumable
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Composition
Yes
Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes
Poured Concrete
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

Attached
Yes
Heated
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes

Sewer-Type

Septic Tank
Yes

Water Source

Private
Yes
Well
Yes

Access Type

Paved
Yes
Maintained
Yes

Features-MultiFamily

DSL-Cable Available
Yes
Tenant Storage
Yes
Washer/Dryer
Yes
Washer/Dryer HkUp
Yes

Docs Avl for Review

As-Built
Yes
Docs Posted on MLS
Yes

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block; Poured Concrete Construction Type: Wood Frame Garage Type: Attached; Heated Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: DSL-Cable Available; Tenant Storage; Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet To Show: ShowingTime Docs Avl for Review: As-Built; Docs Posted on MLS Listing Terms Financing: 1031 Exchange; Assumable; Cash; Conventional; FHA; VA Loan
Listing Office: Keller Williams Realty Alaska Group of Wasilla
IDX
Last Updated: February - 02 - 2026
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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