8621 Molanary Drive, Anchorage, AK 99502 (MLS# 26-2652)

8621 Molanary Drive, Anchorage, AK 99502

$695,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 3,448 Lot Size (sq. ft.): 7,764 Status: Closed
Current Price: $695,000 Last Modified: 5/04/2026

Overview

Description

Take advantage of this excellent investment opportunity in the South Anchorage! This well-maintained 4-plex features one spacious 3-bedroom, 1-bath unit and three comfortable 2-bedroom, 1-bath units. Each unit has dedicated off-street parking, and tenants have access to laundry. Ideally located just minutes from the airport, as well as popular restaurants and shopping, this property

Supplements: appeals to both tenants and investors alike. The fenced yard provides added privacy and outdoor space, while dedicated off-street parking ensures convenience for all residents.With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in o ...

Listing Details MLS# 26-2652

Contract Info

Price-List
695000
Date-Listing
2026-03-19
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-03-22
Date-Closing
2026-05-01

Location Tax and Legal

Area
15 - W Tudor Rd - Dimond Blvd
Street #
8621
Street Name
Molanary
Arterial
Drive
Closest USPS Town
Anchorage
State
AK
Zip Code
99502

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
9
Bathrooms Full
4
Bathrooms Total
4
Bldgs-Ttl #
Yes
Year Built
1978
SF-Res
3448
Number of Units
4
SF-Lot
7764
Acres
0.18
Prkg Spcs
6
Lot Area Source
Tax Authority
Zoning
R3 - Multiple Family Residential

Directions and Remarks

Directions
West on Dimond Blvd, Right on Jewel Lake Rd, Right on W. 88th, Left on Molanary Drive. Property on the Right.

More Information

Property Features

Multi-Family Type: Quadruplex; Up and Down Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Poured Concrete Construction Type: Wood Frame Garage Type: None Carport Type: None Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Access Type: Dedicated Road; Paved; Maintained Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer HkUp; Paved Driveway Flooring: Carpet; Laminate; Vinyl Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
IDX
Listing Office: Herrington and Company, LLC
Last Updated: May - 04 - 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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