225 N Park Street, Anchorage, AK 99504 (MLS# 25-7050)

225 N Park Street, Anchorage, AK 99504

$1,375,000

Property Type: Multi-Family Bedrooms: 26 Baths: 15 Square Footage: 11,052 Lot Size (sq. ft.): 12,500 Status: Closed

Current Price: $1,375,000 Last Modified: 10/31/2025

Description

Priced at an 8.4% CAP this 14 unit investment property is a turn-key, money making operation from the start with a great property manager in place that would love to keep managing this building. Extensive improvement and capital expenditures have gone into this building to make it an easy to maintain investment for the next owner. Many of the units have been remodeled and updated. See pro forma.

More Information MLS# 25-7050

Contract Info

Foreclosure/Bank Own: No Price-List: 1375000 Date-Listing: 2025-06-10 Status: Closed

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): SW1136 Tax Map #-Mat-Su: N/A Legal: Fairview L20A B12 Taxes (Estimated): 13852.58 Tax Year: 2025 School-Elementary: William Tyson School-Middle: Clark School-High: Bettye Davis East Anchorage

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Bathrooms Half: 0 Bathrooms Three Quarter: 0 Bathrooms Full: 15 Bathrooms Total: 15 Bldgs-Ttl #: 1 Acres: 0.29 SF-Lot: 12500 Lot Area Source: Tax Authority Zoning: R4 - Multiple Family Residential Garage Spaces: 0 Carport Spaces: 0 Prkg Spcs: 18 Beds: 26 Year Built: 1977 SF-Res: 11052 Number of Units: 14

Directions and Remarks

Directions: Commercial Dr to N Park Street, North to property on right

Multi-Family Type

Apartment Style: 1 5+ Units: 1

To Show

ShowingTime: 1

Listing Terms Financing

AHFC: 1 Cash: 1 Conventional: 1

Heating

Baseboard: 1 Natural Gas: 1

Topography

Level: 1

Construction Type

Wood Frame: 1

Foundation Type

Block: 1

Wtrfrnt-Access Near

None: 1

Wtrfrnt-Frontage

None: 1

Sewer-Type

Public Sewer: 1

Water Source

Public: 1

Access Type

Paved: 1 Maintained: 1

Mortgage Info

EM Minimum Deposit: 14000

Income & Expenses

Exp-Elec/Yr Avg: 2457.24 Exp-Gas/Yr Avg: 8040 Exp-Wtr/Swr/Yr Avg: 5680.32

Sold Info

Date-Pending: 2025-08-21 Date-Closing: 2025-10-31

Location Tax and Legal

Area: 50 - Post Rd - Glenn Hwy Street #: 225 Directional: N Street Name: Park Arterial: Street Closest USPS Town: Anchorage State: AK Zip Code: 99504

Property Features

Multi-Family Type: Apartment Style; 5+ Units Foundation Type: Block Construction Type: Wood Frame Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional

Documents

Pro Forma ›

Listing Office: Real Broker Alaska

IDX

Last Updated: October - 31 - 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.