4321 Thompson Avenue, Anchorage, AK 99508 (MLS# 25-11654)

4321 Thompson Avenue, Anchorage, AK 99508

$645,000
Property Type: Multi-Family Bedrooms: 11 Baths: 9 Square Footage: 6,551 Lot Size (sq. ft.): 6,250 Status: Closed
Current Price: $645,000 Last Modified: 3/25/2026

Overview

Description

12% cap rate on this - 8 plex consisting of 2 - 1 bed/1 bath and 6 efficiency units plus a 3 bedroom 1 bath house all on one lot. Both the 8 plex and the house exteriors have been recently repainted, ('24), with new cold and hot water supply piping in entire 8 plex, hydronic system new, new tubs and surrounds in all 8 units as well. Many upgrades easily totalling over $90,000 has been performed.

Supplements: in the last year. Rents range from 950 to 1075/month. House is $2000/month. Building is compliant with guidelines and qualifications for with AK Housing Finance Corporation or similar programs. 3 tenants currently housed under the Alaska Housing voucher. Additional rental income possible with solving basement egress issue if desired. 4 units have g ...

Listing Details MLS# 25-11654

Contract Info

Price-List
645000
Date-Listing
2025-09-08
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-01-07
Date-Closing
2026-03-25

Location Tax and Legal

Area
50 - Post Rd - Glenn Hwy
Street #
4321
Street Name
Thompson
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99508

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
11
Bathrooms Full
9
Bathrooms Total
9
Bldgs-Ttl #
2
Year Built
1977
Year Remodeled
2024
SF-Res
6551
Number of Units
9
SF-Lot
6250
Acres
0.14
Prkg Spcs
12
Lot Area Source
Tax Authority
Zoning
R3 - Multiple Family Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
East on Mountain View Drive, left on Park St then right on Thompson Avenue to the complex on the left at the corner of Thompson and Bunn.

Building Info

Units- # of Effcncy
6
Units-# of 1 BR
2
Units-# of 3 BR
Yes

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
Nels Kleven S3 E2 L1 B4
Taxes (Estimated)
8784
Tax Year
2025
School-Elementary
Mountain View
School-Middle
Clark
School-High
Bettye Davis East Anchorage

Multi-Family Type

Multi Family
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes

Exterior Finish

Metal
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Roof Type

Bitumen/Torch Down
Yes
Shingle
Yes

Construction Type

Wood Frame - 2x4
Yes

Foundation Type

Block
Yes

View Type

Unobstructed
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Laminate
Yes
Tile
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Paved
Yes
Maintained
Yes

Features-MultiFamily

In City Limits
Yes
Smoke Detector(s)
Yes
Paved Driveway
Yes

Docs Avl for Review

Lease
Yes

Income & Expenses

Exp-Elec/Yr Avg
4345
Exp-Gas/Yr Avg
4880
Exp-Insurance/Yr Avg
8242
Exp-Maint/Yr Avg
4196
Exp-Mgmt/Yr Avg
5461
Exp-Other/Yr Avg
8761
Exp-Refuse/Yr Avg
2953
Exp-Snow/Yard/Yr Avg
800
Exp-Tax & Ins/Yr
8784
Exp-Wtr/Swr/Yr Avg
2367
Income-Net Operating
72100
Income-Rent Mo Total
10100
Less Vac/Credit Loss
6060

Property Features

Multi-Family Type: Multi Family Exterior Finish: Metal Roof Type: Bitumen/Torch Down; Shingle Foundation Type: Block Construction Type: Wood Frame - 2x4 Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained View Type: Unobstructed Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: In City Limits; Smoke Detector(s); Paved Driveway Flooring: Laminate; Tile Docs Avl for Review: Lease Listing Terms Financing: Cash; Conventional
IDX
Listing Office: Jack White Commercial
Last Updated: March - 25 - 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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