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1401 W Nicola Avenue, Wasilla, AK 99654

$700,000
Property Type: Multi-Family Bedrooms: 9 Baths: 5 Square Footage: 4,500 Lot Size (sq. ft.): 21,344 Status: Active
Current Price: $700,000 Last Modified: 12/19/2025

Description

Great investment 5 plex in a central off-highway Wasilla location. Beautifully maintained and cared for with recent exterior paint and apparent pride of ownership. Large driveways, fenced front yard and 2 spacious sheds. Property is on a quiet street with low through-traffic and in city limits. Common heated entry and common coin-op laundry room. Roof new in 2013.

More Information MLS# 25-14178

Contract Info

Foreclosure/Bank Own: No Price-List: 700000 Date-Listing: 2025-11-18 Status: Active

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1D - Matanuska Susitna Borough Grid # (Muni Anch): N/A Tax Map #-Mat-Su: WA12 Legal: Thompson L3 B1 School-Elementary: Iditarod School-Middle: Wasilla School-High: Wasilla

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Bathrooms Half: 0 Bathrooms Three Quarter: 0 Bathrooms Full: 5 Bathrooms Total: 5 Bldgs-Ttl #: 1 Acres: 0.49 SF-Lot: 21344.4 Lot Area Source: Owner Zoning: RR - Rural Residential (re: City Wasilla) Garage Spaces: 4 Carport Spaces: 0 Prkg Spcs: 14 Beds: 9 Year Built: 1983 SF-Res: 4500 Number of Units: 5

Directions and Remarks

Directions: Parks Hwy to North on Lucas, First Left on Nicola, Property soon on Right.

Multi-Family Type

Four-Plex: 1 5+ Units: 1

To Show

ShowingTime: 1

Building Info

Units- # of 2 BR: 4 Vacancy Rate: 0

Listing Terms Financing

AHFC: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Exterior Finish

Wood: 1

Heating

Baseboard: 1 Natural Gas: 1 Radiant: 1

Topography

Level: 1

Roof Type

Asphalt: 1 Composition: 1 Shingle: 1

Foundation Type

Slab: 1

Wtrfrnt-Access Near

None: 1

Garage Type

Attached: 1 Heated: 1

Wtrfrnt-Frontage

None: 1

Carport Type

None: 1

Flooring

Carpet: 1 Luxury Vinyl: 1

Sewer-Type

Septic Tank: 1

Water Source

Well: 1

Access Type

Paved: 1 Maintained: 1

Features-MultiFamily

CO Detector(s): 1 DSL-Cable Available: 1 In City Limits: 1 Laundry Facility: 1 Shed: 1 Smoke Detector(s): 1 Tenant Storage: 1 Washer/Dryer: 1

Docs Avl for Review

Prop Discl Available: 1

Location Tax and Legal

Area: WA - Wasilla Street #: 1401 Directional: W Street Name: Nicola Arterial: Avenue Closest USPS Town: Wasilla State: AK Zip Code: 99654

Property Features

Multi-Family Type: Four-Plex; 5+ Units Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Slab Garage Type: Attached; Heated Carport Type: None Heating: Baseboard; Natural Gas; Radiant Sewer-Type: Septic Tank Water Source: Well Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Shed; Smoke Detector(s); Tenant Storage; Washer/Dryer Flooring: Carpet; Luxury Vinyl To Show: ShowingTime Docs Avl for Review: Prop Discl Available Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Listing Office: Keller Williams Realty Alaska Group of Wasilla
IDX
Last Updated: December - 19 - 2025
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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