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7 Beds
7 Baths
3,640 sqft

$499,900

1227 E 11th Avenue, Anchorage AK, 99501

Price per sqft$137.34
Built in1958
Property size3,640 sqft
Property typeMulti-family
Listed by Ayla L King with Buyers Real Estate, LLC

Overview

Active

Listed Jun 8, 2026

Updated 2 weeks ago

Income-Producing 7plex, Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years; some units older and in need of repair. Building in general needs TLC, hence the price. Relatively easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1350. Electric is separate. 1 vacancy currently. 24 hour notice to show, LA to be present. Exterior photo is from last year, needs some fascia repair and painting; paint pealing. Fred with Sourdough Roofing replaced a significant portion of the roof in 2018-2020. Recent inspection shows roof is nearing end of life. North foundation corner was damaged in 2019, engineer approved work completed by a licensed masonry contractor. All documents available for Buyer's review.

$3,326/mo

Est. mortgage payment based on a $499,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-6779

Interior Features

Bedrooms
7
Bathrooms
7
Basement
No

Exterior Features

Lot Size
0.16 Acres
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Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 9/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 9/22/2026 at 6:30 AM UTC

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