5444 Lancelot Circle, Anchorage, AK 99508 (MLS# 26-2462)

5444 Lancelot Circle, Anchorage, AK 99508

$3,725,000
Property Type: Multi-Family Bedrooms: 61 Baths: 31 Square Footage: 25,352 Lot Size (sq. ft.): 46,656 Status: Active
Current Price: $3,725,000 Last Modified: 4/08/2026

Overview

Description

Rare opportunity to acquire a 4-building multifamily package featuring three 9-plexes and one 4-plex. Totaling 61 beds and 31 baths, each building offers exterior stairwell access and common laundry rooms--ideal for efficient operations and steady rental income.

Listing Details MLS# 26-2462

Contract Info

Price-List
3725000
Date-Listing
2026-03-16
Foreclosure/Bank Own
No

Location Tax and Legal

Area
40 - Seward Hwy to Boniface Pkwy
Street #
5444
Street Name
Lancelot
Arterial
Circle
Closest USPS Town
Anchorage
State
AK
Zip Code
99508

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
61
Bathrooms Full
31
Bathrooms Total
31
Bldgs-Ttl #
4
Year Built
1974
SF-Res
25352
Number of Units
31
SF-Lot
46656
Acres
1.07
Prkg Spcs
60
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
Reference Google Maps or Apple Maps

Building Info

Units-# of 1 BR
Yes
Units- # of 2 BR
30

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1237
Tax Map #-Mat-Su
N/A
Legal
Wonder Park #8 L12-13, L21-22 B5
School-Elementary
Wonder Park
School-Middle
Clark
School-High
Bartlett

More Information

Multi-Family Type

Apartment Style
Yes
Multi Family
Yes

Heating

Baseboard
Yes

Foundation Type

Poured Concrete
Yes

Wtrfrnt-Access Near

None
Yes

Wtrfrnt-Frontage

None
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Docs Avl for Review

Docs Posted on MLS
Yes

Property Features

Multi-Family Type: Apartment Style; Multi Family Foundation Type: Poured Concrete Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Docs Avl for Review: Docs Posted on MLS
Listing Office: Jack White Commercial
IDX
Last Updated: April - 08 - 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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