225 N Park Street, Anchorage, AK 99504 (MLS# 25-7050)

225 N Park Street, Anchorage, AK 99504

$1,375,000
Property Type: Multi-Family Bedrooms: 26 Baths: 15 Square Footage: 11,052 Lot Size (sq. ft.): 12,500 Status: Closed
Current Price: $1,375,000 Last Modified: 10/31/2025

Overview

Description

Priced at an 8.4% CAP this 14 unit investment property is a turn-key, money making operation from the start with a great property manager in place that would love to keep managing this building. Extensive improvement and capital expenditures have gone into this building to make it an easy to maintain investment for the next owner. Many of the units have been remodeled and updated. See pro forma.

Listing Details MLS# 25-7050

Contract Info

Price-List
1375000
Date-Listing
2025-06-10
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-08-21
Date-Closing
2025-10-31

Location Tax and Legal

Area
50 - Post Rd - Glenn Hwy
Street #
225
Directional
N
Street Name
Park
Arterial
Street
Closest USPS Town
Anchorage
State
AK
Zip Code
99504

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
26
Bathrooms Full
15
Bathrooms Total
15
Bldgs-Ttl #
Yes
Year Built
1977
SF-Res
11052
Number of Units
14
SF-Lot
12500
Acres
0.29
Prkg Spcs
18
Lot Area Source
Tax Authority
Zoning
R4 - Multiple Family Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
Commercial Dr to N Park Street, North to property on right

Mortgage Info

EM Minimum Deposit
14000

More Information

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1136
Tax Map #-Mat-Su
N/A
Legal
Fairview L20A B12
Taxes (Estimated)
13852.58
Tax Year
2025
School-Elementary
William Tyson
School-Middle
Clark
School-High
Bettye Davis East Anchorage

Multi-Family Type

Apartment Style
Yes
Multi Family
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

AHFC
Yes
Cash
Yes
Conventional
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Wtrfrnt-Frontage

None
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Paved
Yes
Maintained
Yes

Income & Expenses

Exp-Elec/Yr Avg
2457.24
Exp-Gas/Yr Avg
8040
Exp-Wtr/Swr/Yr Avg
5680.32

Property Features

Multi-Family Type: Apartment Style; Multi Family Foundation Type: Block Construction Type: Wood Frame Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional
IDX
Listing Office: Real Broker Alaska
Last Updated: October - 31 - 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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