$499,9007 bd · 7 ba · 3,640 sqft
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1 / 101SUNLIGHT
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Estimate for Oct 18, 7:26 PM: the sun is below the horizon.
Terrain only — trees, buildings and weather aren’t included. About this estimate
Terrain and sun-exposure estimates are modeled from public elevation data at or near the listing coordinates. They may not reflect the exact building location, trees, nearby structures, snow, recent grading, shoreline or glacier change, weather, or atmospheric conditions. Site elevation and sunlight times are approximate. This is not MLS data, a land survey, a solar-site assessment, an appraisal, or a guarantee of sunlight. Verify site conditions and solar suitability with qualified professionals.
Active
1227 E 11th Avenue
Anchorage AK 99501
Third Addition
Buyers Real Estate, LLC
7
Bedrooms
7
Bathrooms
3,640
Sq Ft
1958
Year Built
$137/sqft00.16 acres lot
MLS# 26-6779· Listed Jun 8, 2026
Live MLS feedAbout This Home
Income-Producing 7plex, Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. 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. 1 vacancy currently. 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. North foundation corner was damaged in 2019, engineer approved work completed by a licensed masonry contractor. All documents available for Buyer's review.
Property Details
Property TypeResidential Income
Full Baths7
Garage Spaces0
ParkingNone
Year Built1958
Lot Size0.16 acres
SubdivisionThird Addition
Legal DescriptionThird Addition L10 B3C
Parcel #0031150400001
MLS #26-6779
Heating
BaseboardNatural Gas
Flooring
LaminateLinoleumCarpetVinyl
Sewer
Public Sewer
Equal Housing Opportunity
Listed by: Ayla L King · Buyers Real Estate, LLC
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Mortgage Estimate
Down payment10% · $49,990
Interest rate7.0%
Loan term30 years
$2,993/mo
$449,910 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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