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 ... (Read more)

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

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

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

Documents

Marketing Package ›

P&L - Trailing 12 ›

Property Disclosures ›

As-Built Survey ›

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.

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