3804 Indiana Street, Anchorage, AK 99503 (MLS# 26-6523)

3804 Indiana Street, Anchorage, AK 99503

$4,100,000
Property Type: Multi-Family Bedrooms: 54 Baths: 54 Square Footage: 22,788 Lot Size (sq. ft.): 66,069 Status: Active
Current Price: $4,100,000 Last Modified: 6/04/2026

Overview

Description

27 Townhouse Style Units in Midtown! Beautiful property, minutes from the airport All units 2bed/1.5bath Townhomes w/ WDs, dining area, sliding glass doors and porches. Parking posts /w plugins. Large owner's storage shed w/ electric, gas & water (ADU potential). Exterior storage units most tenants. Newer roofs. Many units updated. Well cared for property with amenities tenants love.

Supplements: Units are roughly 844/sqft each. Parking lot just restriped. Electric is separately metered/ tenants pay. Property has a wood fence around nearly the full parameter. 3 boilers, located in separate exterior sheds. All serviced / maintained. 2 of the buildings painted last year. Current rents $42,825, 2026 renewals scheduled $44,730.

Listing Details MLS# 26-6523

Contract Info

Price-List
4100000
Concessions YN
Yes
Date-Listing
2026-06-04
Foreclosure/Bank Own
No

Location Tax and Legal

Area
10 - Spenard
Street #
3804
Street Name
Indiana Street
Closest USPS Town
Anchorage
State
AK
Zip Code
99503

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
54
Bathrooms Half
27
Bathrooms Full
27
Bathrooms Total
54
Bldgs-Ttl #
4
Year Built
1983
Year Updated
2025
SF-Res
22788
Number of Units
27
SF-Lot
66069
Acres
1.52
Prkg Spcs
69
Lot Area Source
Tax Authority
Zoning
R2M - Multi Family Residential
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
W on Tudor past Arctic, Right on N Star, Right on W 40th, Left on Indiana - Building on the left had side.

Building Info

Units- # of 2 BR
27

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1521
Tax Map #-Mat-Su
N/A
Legal
SPENARD ACRES BLK D LT 7A, 7B, 6A, 6B VILLAGE WEST TOWNHOMES
Taxes (Estimated)
38586
Tax Year
2025
School-Elementary
BTV-Undiscl by LL
School-Middle
BTV-Undiscl by LL
School-High
BTV-Undiscl by LL

More Information

Multi-Family Type

Multi Family
Yes

Listing Terms Financing

AHFC
Yes
Cash
Yes
Conventional
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Shingle
Yes

Construction Type

Block
Yes
Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Laminate
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Paved
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
In City Limits
Yes
Smoke Detector(s)
Yes
Tenant Storage
Yes
Washer/Dryer
Yes
Paved Driveway
Yes

Docs Avl for Review

As-Built
Yes

Income & Expenses

Exp-Elec/Yr Avg
3072
Exp-Gas/Yr Avg
36360
Exp-Insurance/Yr Avg
19000
Exp-Maint/Yr Avg
24000
Exp-Mgmt/Yr Avg
37573
Exp-Refuse/Yr Avg
6240
Exp-Snow/Yard/Yr Avg
12000
Exp-Wtr/Swr/Yr Avg
22188

Property Features

Multi-Family Type: Multi Family Exterior Finish: Wood Roof Type: Asphalt; Shingle Foundation Type: Block Construction Type: Block; Wood Frame Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Smoke Detector(s); Tenant Storage; Washer/Dryer; Paved Driveway Flooring: Carpet; Laminate Docs Avl for Review: As-Built Listing Terms Financing: AHFC; Cash; Conventional
IDX
Listing Office: Buyers Real Estate, LLC
Last Updated: June - 04 - 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