3635-3711 Carleton Avenue
Anchorage, AK 99517
33
Bed
33
Bath
15,246Sqft
29,554Sqft(Lot)
Exceptional West Anchorage Investment Opportunity - 11 Townhouse-Style Apartments with Condo Conversion Option. Bult in 1985 to condo specs, each spacious residence offers 3bed/2.5 baths, a large 1car garage & extra storage, private laundry, decks w/ sliding glass doors, nicely updated kitchens. Tenants pay G&E. Freshly painted, updated decks and most units remodeled. Roofs replaced in 2021. Each unit size is 1386sqft per recent appraisal. Appraised value came in at $2,850,000 June 2026. Replat happened in spring 2026, dividing up the original lot into a 4plex, 7plex & R2M lot. The building is 100% occupied by credit-qualified tenants, whom pay their own G&E. Big upside to potentially operate bnbs given the fantastic Turnagain location. The true value lies in the future. The seller has
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 33Bathroom Information
Total Baths: 33 Full Baths: 11 Half Baths: 11 -
Flooring Information
Laminate, Carpet -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Washer/Dryer -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
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Building Information
Year Built: 1985 Building Area Total: 15246 Construction Materials: Wood Siding, Frame Private Pool: No
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Lot Information
Main Square Feet: 29554 Square Feet Lot Size Acres: 0.68 Lot Size Square Feet: 29554 Lot Description: LevelProperty Information
Subdivision: Carleton Square Source Property Type: Residential Income MLS Area Minor: 10 - Spenard Property Age: 41
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Listing Price Information
Listing Price: $2850000 Cash, Conventional
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Tax Information
Parcel Number: 0100452000001 Tax Year: 2026 Annual Tax: $26000 Tax Legal Desc: Woodlake L2b & 2c
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Parking Information
AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 11
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School Information
Elementary School: TurnagainJunior High School: MearsSenior High School: West Anchorage -
Location Information
Direction: West on W Nortrhern Lights, Left (south) on McKenzie Drive (this turns into Carleton Avenue). Properties are near the end of the culdsac on the North side. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2000 Wildwood Lane, Anchorage, AK, 99517 | $495,000 | 3 | 2 | -- | |
| 2261 Belmont Drive, Anchorage, AK, 99517 | $775,000 | 4 | 3 | -- | |
| 2140 Atwood Drive, Anchorage, AK, 99517 | $1,325,000 | 3 | 3 | -- | |
| 2201 Arctic Circle, Anchorage, AK, 99517 | $927,000 | 3 | 3 | -- | |
| 2604 Forest Park Drive, Anchorage, AK, 99517 | $595,000 | 4 | 2 | -- | |
| 2604 Forest Park Drive, Anchorage, AK, 99517 | $595,000 | 4 | 2 | 2,352 | 2,352 SqFt |
| 3206 Greenland Drive, Anchorage, AK, 99517 | $420,000 | 2 | 2 | -- | |
| 2940 Captain Cook Estat.., Anchorage, AK, 99517 | $1,089,000 | 6 | 4 | -- | |
| 3217 Oregon Drive, Anchorage, AK, 99517 | $685,000 | 10 | 6 | 4,846 | 4,846 SqFt |
| 2615 Turnagain Parkway, Anchorage, AK, 99517 | $544,900 | 4 | 2 | -- |
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ByOwner last updated this listing 08/16/2026 @ 14:56
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