409 W Northern Lights Boulevard, Anchorage, AK 99503 (MLS# 25-12392)

409 W Northern Lights Boulevard, Anchorage, AK 99503

$1,650,000

Property Type: Multi-Family Bedrooms: 10 Baths: 9 Square Footage: 10,800 Lot Size (sq. ft.): 8,379 Status: Pending

Current Price: $1,650,000 Last Modified: 12/02/2025

Description

Very motivated seller, bring all offers. Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. 6 residential units, 2 commercial/retail units, and 1 shop/warehouse unit. Financials available.

More Information MLS# 25-12392

Contract Info

Foreclosure/Bank Own: No Price-List: 1650000 Date-Listing: 2025-09-25 Status: Pending

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): SW1530 Tax Map #-Mat-Su: N/A Legal: Davis L10 & 11 W23.5 School-Elementary: North Star School-Middle: Romig School-High: West Anchorage

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Bathrooms Half: 3 Bathrooms Three Quarter: 0 Bathrooms Full: 6 Bathrooms Total: 9 Bldgs-Ttl #: 1 Acres: 0.19 SF-Lot: 8379 Lot Area Source: Tax Authority Zoning: B3 - General Business Garage Spaces: 0 Carport Spaces: 0 Prkg Spcs: 10 Beds: 10 Year Built: 1964 SF-Res: 10800 Number of Units: 9

Directions and Remarks

Directions: On Northern Lights just past Blueberry on the right hand side.

Multi-Family Type

Apartment Style: 1 5+ Units: 1 Other - See Remarks: 1

Heating

Baseboard: 1

Foundation Type

Poured Concrete: 1

Wtrfrnt-Access Near

None: 1

Wtrfrnt-Frontage

None: 1

Sewer-Type

Public Sewer: 1

Water Source

Public: 1

Sold Info

Date-Pending: 2025-12-01

Location Tax and Legal

Area: 10 - Spenard Street #: 409 Directional: W Street Name: Northern Lights Arterial: Boulevard Closest USPS Town: Anchorage State: AK Zip Code: 99503

Property Features

Multi-Family Type: Apartment Style; 5+ Units; Other - See Remarks Foundation Type: Poured Concrete Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None

Documents

409 W NL Package ›

Listing Office: Jack White Commercial

IDX

Last Updated: December - 02 - 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.