5559 Penn Circle
Anchorage, AK 99504
6
Bed
2
Bath
2,064Sqft
8,600Sqft(Lot)
Excellent investment opportunity in East Anchorage! This spacious duplex features two well-designed units, each offering 3 bedrooms, 1 bathroom, and over 1,032 square feet of comfortable living space--ideal for owner-occupants or investors seeking strong income potential. Each unit offers functional layouts with generous living areas designed for everyday convenience. With potential for short-term rental use, this property provides added flexibility for maximizing cash flow. No CC&Rs means greater freedom for property use and management. The property includes a 2-car garage plus additional RV parking, offering ample space for vehicles, recreational gear, or tenant storage. Conveniently located near schools, parks, shopping, and major commuter routes, this duplex is also just minutes from
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Carpet, Vinyl -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Washer/Dryer -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
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Building Information
Year Built: 1970 Building Area Total: 2064 Construction Materials: Wood Siding, Frame Private Pool: No View: Mountain(s)
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Lot Information
Main Square Feet: 8600 Square Feet Lot Size Acres: 0.2 Lot Size Square Feet: 8600 Lot Description: LevelProperty Information
Subdivision: Nunaka Valley Source Property Type: Residential Income MLS Area Minor: 45 - Boniface Pkwy to Muldoon Rd Property Age: 56
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Listing Price Information
Listing Price: $539000 Cash, Conventional, 1031 Exchange, FHA, VA Loan
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Tax Information
Parcel Number: 0062421300001 Tax Year: 2026 Annual Tax: $5179 Tax Legal Desc: College Park Subdivision L8 B1
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Parking Information
AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
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School Information
Elementary School: Nunaka ValleyJunior High School: ClarkSenior High School: Bartlett -
Location Information
Direction: Northern Lights to Boniface. Turn Right on E 24th, Immediate left on Pembroke Street. Turn Right on E 20th. Property on right corner of E 20th/Penn Circle. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8100 Boundary Avenue, Anchorage, AK, 99504 | $750,000 | 11 | 7 | 4,264 | 4,264 SqFt |
| 221 Creekside Street, Anchorage, AK, 99504 | $600,000 | 3 | 3 | -- | |
| 8012 E 5th Avenue, Anchorage, AK, 99504 | $273,000 | 6 | 4 | 2,880 | 2,880 SqFt |
| 705 Muldoon Road #12, Anchorage, AK, 99504 | $69,000 | 2 | 1 | 938 | 938 SqFt |
| 445 Idaho Street, Anchorage, AK, 99504 | $929,000 | 6 | 6 | 4,090 | 4,090 SqFt |
| 110 Venture Place #20, Anchorage, AK, 99504 | $465,000 | 2 | 2 | -- | |
| 6150 Summit Court, Anchorage, AK, 99504 | $525,000 | 2 | 2 | -- | |
| 1221 Friendly Lane, Anchorage, AK, 99504 | $570,000 | 6 | 4 | 2,688 | 2,688 SqFt |
| 126 Venture Place #16, Anchorage, AK, 99504 | $515,000 | 2 | 3 | -- | |
| 326 Krane Drive, Anchorage, AK, 99504 | $325,000 | 3 | 2 | -- |
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ByOwner last updated this listing 07/05/2026 @ 01:40
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