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1227 E 11th Avenue

Anchorage, AK 99501
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Bed 7

Bed

Bath 7

Bath

SqFt3,640

Sqft

SqFt7,000

Sqft(Lot)

Income-Producing 7plex! Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area! Price includes credit to go towards roof resurface/replacement. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. Building shares dumpster with neighbor, low waste bill. All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years; some units older and in need of repair. Building in general needs TLC, hence the price. Relatively easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1350. Electric is separate. Currently 100% occupied, 1 unit vacating in June. 24 hour notice to show, LA to be present. Exterior photo is from last year, needs some fascia repair and painting; paint pealing. Fred with Sourdough Roofing replaced a significant portion of the roof in 2018-2020. Recent inspection shows roof is nearing end of life per inspection and also needs a slope added to prevent standing water; Alaska Roof Restoration inspected in May '26, and offered a $45K quote for a full silicone restoration. Full replacement bids came in at $65K on average. Seller offering $45K credit at closing. See inspection & Invoice on foundation repair.

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,000

AD Id : 82064667

MLS Id : 26-6779

Beds : 7

Lot Size : 7,000 Sqft

Living Area Size : 3,640

Year Built : 1958

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 7 Full Baths: 7
  • Flooring Information

    Laminate
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas

  • Building Information

    Year Built: 1958 Building Area Total: 3640 Construction Materials: Block, Wood Siding, Frame, Stucco Private Pool: No

  • Lot Information

    Main Square Feet: 7000 Square Feet Lot Size Acres: 0.16 Lot Size Square Feet: 7000

  • Listing Price Information

    Listing Price: $599000 Cash, Conventional

  • Tax Information

    Parcel Number: 0031150400001 Tax Legal Desc: Third Addition L10 B3C

  • Parking Information

    None

  • School Information

    Elementary School: Fairview
    Junior High School: Central
    Senior High School: West Anchorage
  • Location Information

    Direction: From 15th Ave, north on Medfra, TL on 11th. Property on right. WaterSource: Public Security Features: Smoke Detector(s)
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ByOwner last updated this listing 07/25/2026 @ 13:25

MLS: 26-6779 LISTED BY: Ayla King, Buyers Real Estate, LLC 907-561-2227 SOURCE: Alaska Multiple Listing Service

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