540 Eyak Drive
Anchorage, AK 99501
8
Bed
4
Bath
5,385Sqft
7,000Sqft(Lot)
High-performing downtown Anchorage fourplex delivering strong cash flow with a proven hybrid income model. Two units provide stable long-term rental income, while two fully furnished units operate as high-revenue short-term rentals with demonstrated nightly income potential. Built in 2003, this 5,385 SF property features four 2BR/1BA units, each with garage space and heated interior storage. A rare amenity package that supports premium rents. 12 total on-site parking spaces, public utilities, natural gas heat, and fire sprinkler system. Prime downtown location near sporting venue, restaurants, Coastal Trail access, medical facilities, and major employers, driving consistent short- and long-term demand. Furnishings available under separate bill of sale. Excellent opportunity for investors s
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4 -
Flooring Information
Vinyl -
Interior Features
Vaulted Ceiling(s) Appliances: Washer/Dryer -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Natural Gas
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Building Information
Year Built: 2003 Building Area Total: 5385 Construction Materials: Wood Siding, Frame, Vinyl Siding Private Pool: No View: City Lights, Mountain(s)
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Lot Information
Main Square Feet: 7000 Square Feet Lot Size Acres: 0.16 Lot Size Source: Other Lot Size Square Feet: 7000 Lot Description: Sloped, Gentle Sloping
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Listing Price Information
Listing Price: $989000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 0021633200001 Tax Year: 2025 Annual Tax: $12630.44 Tax Legal Desc: Third Addition L4 B35B
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Parking Information
Attached, Heated GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 4
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School Information
Elementary School: North StarJunior High School: CentralSenior High School: West Anchorage -
Location Information
Direction: North on A Street, Turn Right on 16th Ave, Left on Eagle St, Right on Eyak Drive to address. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s), Fire Sprinkler System
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 211 W Manor Avenue, Anchorage, AK, 99501 | $995,000 | 9 | 4 | 5,173 | 5,173 SqFt |
| 628 Gambell Street, Anchorage, AK, 99501 | $199,000 | 5 | 2 | -- | |
| 1511 Nelchina Street, Anchorage, AK, 99501 | $375,000 | 3 | 3 | -- | |
| 325 E 11th Avenue, Anchorage, AK, 99501 | $600,000 | 3 | 4 | -- | |
| 525 E 14th Avenue, Anchorage, AK, 99501 | $565,000 | 11 | 6 | 4,264 | 4,264 SqFt |
| 540 Vista Court, Anchorage, AK, 99501 | $1,100,000 | 13 | 10 | 9,245 | 9,245 SqFt |
| 811 K Street, Anchorage, AK, 99501 | $1,500,000 | 4 | 4 | -- | |
| 1110 F Street, Anchorage, AK, 99501 | $689,000 | 3 | 3 | -- | |
| 1300 W 7th Avenue #315, Anchorage, AK, 99501 | $326,900 | 2 | 2 | 1,050 | 1,050 SqFt |
| 1557 H Street, Anchorage, AK, 99501 | $550,000 | 2 | 2 | -- |
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ByOwner last updated this listing 06/09/2026 @ 05:31
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