1227 E 11th Avenue, Anchorage, AK 99501

$499,900
Property Type: Multi-Family Bedrooms: 7 Baths: 7 Square Footage: 3,640 Lot Size (sq. ft.): 7,000 Status: Active
Current Price: $499,900 Last Modified: 9/21/2026

Overview

Description

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.

Supplements: 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 ...

Listing Details MLS# 26-6779

Contract Info

Price-List
499900
Concessions YN
Yes
Date-Listing
2026-06-08
Foreclosure/Bank Own
No

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
1227
Directional
E
Street Name
11th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
7
Bathrooms Full
7
Bathrooms Total
7
Bldgs-Ttl #
Yes
Year Built
1958
Year Updated
2018
SF-Res
3640
Number of Units
7
SF-Lot
7000
Acres
0.16
Prkg Spcs
7
Lot Area Source
Tax Authority
Zoning
R3 - Multiple Family Residential

Directions and Remarks

Directions
From 15th Ave, north on Medfra, TL on 11th. Property on right.

Building Info

Units-# of 1 BR
7

More Information

Property Features

Multi-Family Type: Ranch; Multi Family Exterior Finish: Stucco Roof Type: Bitumen/Torch Down Foundation Type: Block Construction Type: Block; Wood Frame - 2x4 Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Creek; Inlet; Lake; Ocean; Pond; River Features-MultiFamily: DSL-Cable Available; Fixer-Upper; In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer Flooring: Carpet; Laminate; Linoleum; Vinyl To Show: ShowingTime Docs Avl for Review: Lease Listing Terms Financing: Cash; Conventional
IDX
Listing Office: Buyers Real Estate, LLC
Last Updated: September - 21 - 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.

Contact Us