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4825 Topaz Avenue

Anchorage, AK 99502
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Bed 5

Bed

Bath 6

Bath

SqFt4,657

Sqft

SqFt10,149

Sqft(Lot)

Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter. Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence. Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated. Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage. Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.

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Detail Ic Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 87798390

MLS Id : 26-8409

Beds : 5

Lot Size : 10,149 Sqft

Living Area Size : 4,657

Year Built : 1997

Garage : 3

County : Anchorage Municipality

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 4 Half Baths: 1
  • Flooring Information

    Tile, Linoleum, Carpet, Other, Vinyl
  • Roofing Information

    Asphalt, Composition, Shingle
  • Interior Features

    Vaulted Ceiling(s) Roof: Asphalt, Composition, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Radiant Floor

  • Building Information

    Year Built: 1997 Building Area Total: 4657 Construction Materials: Other, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 10149 Square Feet Lot Size Acres: 0.23 Lot Size Square Feet: 10149 Lot Description: Sloped, Level, Gentle Sloping

  • Listing Price Information

    Listing Price: $875000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 0112013700001 Tax Year: 2026 Annual Tax: $11414.5 Tax Legal Desc: Onnolee L1 B1

  • Parking Information

    Attached, Heated Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 3

  • School Information

    Elementary School: Kincaid
    Junior High School: Mears
    Senior High School: Dimond
  • Location Information

    Direction: Head W. on Dimond Blvd. Right on Jade St. Right on Topaz Ave, the property will be on the left on the corner of Topaz and Jade. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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ByOwner last updated this listing 07/22/2026 @ 15:02

MLS: 26-8409 LISTED BY: Jacob Masog, Herrington and Company, LLC 907-263-9333 SOURCE: Alaska Multiple Listing Service

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