425 E 16th Avenue, Anchorage, AK 99501 (MLS# 25-720)

425 E 16th Avenue, Anchorage, AK 99501

$1,500,000
Property Type: Multi-Family Bedrooms: 28 Baths: 12 Square Footage: 10,080 Lot Size (sq. ft.): 14,796 Status: Closed
Current Price: $1,500,000 Last Modified: 6/13/2025

Overview

Description

Well maintained 12 unit apartment building located across from the Sullivan Arena. Secured/common entrance with large units. Four 3 bedroom 1 bath and eight 2 bedroom 1 bath units. Two separate laundry rooms to service both sides of the building. Ample parking. Rental rates range between $1210 and $1600 per unit. Newly drafted leases reflect $1385 for the 2 bed and $1635 for the 3 bed units.

Listing Details MLS# 25-720

Contract Info

Price-List
1500000
Date-Listing
2025-01-23
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-02-05
Date-Closing
2025-06-13

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
425
Directional
E
Street Name
16th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
28
Bathrooms Full
12
Bathrooms Total
12
Bldgs-Ttl #
Yes
Year Built
1965
Year Remodeled
2024
Year Updated
2024
SF-Res
10080
Number of Units
12
SF-Lot
14796
Acres
0.34
Prkg Spcs
20
Lot Area Source
Tax Authority
Zoning
R4 - Multiple Family Residential

Directions and Remarks

Directions
On E 16th Ave between A St and Gambell St.

Building Info

Units- # of 2 BR
8
Units-# of 3 BR
4

More Information

Mortgage Info

EM Minimum Deposit
15000

Unit #1

Bedroom
3

Unit #2

Bedroom
2

Unit #3

Bedroom
3

Unit #4

Bedroom
2

Unit #5

Bedroom
2

Unit #6

Bedroom
2

Unit #7

Bedroom
2

Unit #8

Bedroom
3

Property Features

Multi-Family Type: Apartment Style; Multi Family Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block Construction Type: Wood Frame Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained View Type: City Lights; Mountains; Partial Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Paved Driveway Flooring: Laminate; Vinyl Docs Avl for Review: Pre-Lim Listing Terms Financing: Cash; Conventional
IDX
Listing Office: Jack White Real Estate
Last Updated: June - 13 - 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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