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: Pending
Current Price: $695,000 Last Modified: 3/23/2026

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

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
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

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.

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW2326
Tax Map #-Mat-Su
N/A
Legal
Georgeville Estates L3C B2
Taxes (Estimated)
8731.87
Tax Year
2025
School-Elementary
Chinook
School-Middle
Mears
School-High
Dimond

More Information

Multi-Family Type

Quadruplex
Yes
Up and Down
Yes

Listing Terms Financing

AHFC
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes

Roof Type

Asphalt
Yes
Composition
Yes
Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Poured Concrete
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Laminate
Yes
Vinyl
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Dedicated Road
Yes
Paved
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
DSL-Cable Available
Yes
In City Limits
Yes
Laundry Facility
Yes
Smoke Detector(s)
Yes
Washer/Dryer HkUp
Yes
Paved Driveway
Yes

Docs Avl for Review

As-Built
Yes
Docs Posted on MLS
Yes
Prop Discl Available
Yes

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: March - 23 - 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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