3940 E 9th Avenue, Anchorage, AK 99508 (MLS# 25-4256)

3940 E 9th Avenue, Anchorage, AK 99508

$590,000
Property Type: Multi-Family Bedrooms: 10 Baths: 4 Square Footage: 3,568 Lot Size (sq. ft.): 9,978 Status: Closed
Current Price: $590,000 Last Modified: 8/01/2025

Overview

Description

Conveniently Located Four Plex Strong Income, family friendly fenced yard. Nice upgrades fourplex is ideally situated to schools and shopping and other essential amenities. Property has 2/3 br units and 2/2 bedroom units. Very low vacancy rate annual Solid Investment w/reliable cash flow.

Listing Details MLS# 25-4256

Contract Info

Price-List
590000
Date-Listing
2025-04-18
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-07-16
Date-Closing
2025-07-31

Location Tax and Legal

Area
40 - Seward Hwy to Boniface Pkwy
Street #
3940
Directional
E
Street Name
9th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99508

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
10
Bathrooms Full
4
Bathrooms Total
4
Bldgs-Ttl #
Yes
Year Built
1968
Year Remodeled
2024
SF-Res
3568
Number of Units
4
SF-Lot
9978
Acres
0.23
Prkg Spcs
8
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
Bragaw to 9th bldg is half way down on the right NO signCurrent appraisal $590,000. As-Is in current condition Seller did repairs from previous buyers request. Buyer default due to financing

Building Info

Units- # of 2 BR
2
Units-# of 3 BR
2

More Information

Mortgage Info

EM Minimum Deposit
5000

Unit #1

Bath - Full
Yes
Bedroom
3
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Unit #2

Bath - Full
Yes
Bedroom
3
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Unit #3

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Unit #4

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1336
Tax Map #-Mat-Su
N/A
Legal
Australaska L4 B1
Taxes (Estimated)
7559.47
Tax Year
2022
School-Elementary
Williwaw
School-Middle
Clark
School-High
Bettye Davis East Anchorage
Assessed Value
448900

Multi-Family Type

Apartment Style
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
VA Loan
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Roof Type

Rolled/Hot Mop
Yes

Construction Type

Wood Frame - 2x4
Yes
Unknown
Yes
Other
Yes

Foundation Type

Block
Yes

View Type

Mountains
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Linoleum
Yes
Vinyl
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Dedicated Road
Yes
Paved
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
In City Limits
Yes
Laundry Facility
Yes
Smoke Detector(s)
Yes
Washer/Dryer
Yes
Paved Driveway
Yes

Docs Avl for Review

Lease
Yes

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Wood Roof Type: Rolled/Hot Mop Foundation Type: Block Construction Type: Wood Frame - 2x4; Unknown; Other Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Dedicated Road; Paved; Maintained View Type: Mountains Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer; Paved Driveway Flooring: Carpet; Linoleum; Vinyl To Show: ShowingTime Docs Avl for Review: Lease Listing Terms Financing: Cash; Conventional; VA Loan
IDX
Listing Office: Great Land Property Management, LLC
Last Updated: August - 01 - 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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