22647 Sherman Street, Chugiak, AK 99567 (MLS# 26-6104)

22647 Sherman Street, Chugiak, AK 99567

$1,500,000
Property Type: Multi-Family Bedrooms: 16 Baths: 8 Square Footage: 8,320 Lot Size (sq. ft.): 39,603 Status: Pending
Current Price: $1,500,000 Last Modified: 8/08/2026

Overview

Description

Well established, long term tenants, one owner, new roof, new septic, new well, quiet neighborhood in easy commute location. Units are super spacious. Lage lot with lots of additional parking and grass areas. Rents average 1400+ per unit with room for increase. This building shows pride

Listing Details MLS# 26-6104

Contract Info

Price-List
1500000
Concessions YN
No
Date-Listing
2026-05-27
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-08-07

Location Tax and Legal

Area
100 - Chugiak/Peters Crk
Street #
22647
Street Name
Sherman
Arterial
Street
Closest USPS Town
Chugiak
State
AK
Zip Code
99567

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
16
Bathrooms Full
8
Bathrooms Total
8
Bldgs-Ttl #
Yes
Year Built
1985
Year Remodeled
2024
Year Updated
2023
SF-Res
8320
Number of Units
8
SF-Lot
39603
Acres
0.91
Carport Spaces
8
Prkg Spcs
16
Lot Area Source
Tax Authority
Zoning
CE-R-7 Medium-Density Single Family Residential

Directions and Remarks

Directions
North Birchwood Loop Rd. toward Old Glenn Hwy. to Sherman St. second driveway on the left side of street.

Building Info

Units- # of 2 BR
8
Vacancy Rate
Yes

More Information

Mortgage Info

EM Minimum Deposit
10000

Unit #1

Bath - Full
Yes
Bedroom
2
Kitchen
Yes

Unit #2

Bath - Full
Yes
Bedroom
2
Kitchen
Yes

Unit #3

Bath - Full
Yes
Bedroom
2

Unit #4

Bath - Full
Yes
Bedroom
2
Kitchen
Yes

Unit #5

Bath - Full
Yes
Bedroom
2
Kitchen
Yes

Unit #6

Bath - Full
Yes
Bedroom
2
Kitchen
Yes

Unit #7

Bath - Full
Yes
Kitchen
Yes

Unit #8

Bedroom
2

Property Features

Multi-Family Type: Apartment Style; Up and Down; Multi Family Exterior Finish: Stucco; Wood Roof Type: Membrane Foundation Type: Block Construction Type: Wood Frame - 2x4 Garage Type: None Carport Type: Detached Heating: Baseboard; Natural Gas Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Dedicated Road; Maintained View Type: Mountains Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Covenants; CO Detector(s); Smoke Detector(s); Tenant Storage; Washer/Dryer HkUp; RV Parking Flooring: Carpet; Laminate To Show: ShowingTime Docs Avl for Review: Floor Plan; Prop Discl Available; Well & Septic Test Listing Terms Financing: AHFC; Cash; Conventional; FHA; Other
IDX
Listing Office: RE/MAX Dynamic Properties - Eagle River Branch
Last Updated: August - 08 - 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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