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1027 Nelchina Street, Anchorage, AK 99501

Anchorage
Local realty services provided by:CENTURY 21 Realty Solutions
1027 Nelchina Street,Anchorage, AK 99501
$429,000
  • 4 Beds
  • 5 Baths
  • 2,337 sq. ft.
  • Multi-family
  • Active
Listed by: james cash
Office: real broker wasilla
MLS#:26-11445
Source:AK_AMLS

Price summary

  • Price:$429,000
  • Price per sq. ft.:$183.57

About this home

Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4,680/month and $56,160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4. Property offers off-street parking, individual unit entrances, and a long history as an income-producing property. Current rents are $880, $1,100, $850, $850 and $1,000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time. An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market. Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.

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Home facts

  • Year built:1953
  • Listing ID #:26-11445
  • Added:6 day(s) ago
  • Updated:September 11, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,337 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:2,337 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:West Anchorage
  • Middle school:Central
  • Elementary school:Fairview

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$429,000
  • Price per sq. ft.:$183.57
  • Tax amount:$2,462
MLS LogoThe listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated September 11, 2026

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