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Anchorage Fourplexes For Sale

Search Anchorage fourplexes for sale with local insight into rental income, cash flow, expenses, financing, neighborhood quality, tenant demand, and long-term investment potential.

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Anchorage Fourplex Real Estate

Fourplexes Can Be One Of The Strongest Small Multifamily Plays In Anchorage

Anchorage fourplexes are popular with investors because they can offer multiple income streams, residential financing options in some situations, and better risk distribution than a single rental unit. For buyers looking to build long-term wealth, a well-bought fourplex can be a serious asset.

But not all fourplexes are equal. The real value depends on rents, vacancy, operating expenses, condition, location, tenant quality, deferred maintenance, financing structure, and future resale demand.

Fourplex Strategy

  • Review actual rents versus market rents
  • Analyze operating expenses and net income
  • Evaluate roof, heating systems, windows, plumbing, and electrical
  • Understand tenant quality, lease terms, and vacancy risk
  • Compare neighborhood demand and long-term resale value
  • Negotiate inspections, appraisal, financing, and closing timelines
Why Investors Like Fourplexes

Anchorage Fourplexes Offer Income, Leverage & Long-Term Upside

Multiple Income Streams

Four units can reduce the impact of one vacancy compared to owning a single rental property.

Owner-Occupant Potential

Some buyers look at fourplexes as a way to live in one unit and rent out the others.

Forced Appreciation

Improving rents, condition, management, and expenses can potentially increase long-term value.

Rental Demand

Anchorage has ongoing demand for rental housing, especially well-maintained units in practical locations.

Buyer Guidance

What To Watch For When Buying An Anchorage Fourplex

When buying a fourplex in Anchorage, the numbers matter — but the condition matters just as much. A property may look good on paper but become expensive quickly if the roof, boiler, plumbing, electrical, windows, siding, parking, or drainage need major work.

Buyers should review leases, rent rolls, deposits, utility responsibilities, insurance, taxes, vacancy history, repairs, and management expenses. The best deals are usually not just the cheapest properties — they are the ones where risk, income, condition, and upside are properly understood.

Selling An Anchorage Fourplex?

Fourplex sellers need to present more than photos. Investors want to understand rent performance, expenses, leases, upside, maintenance history, utility setup, and realistic income potential.

A strong multifamily listing strategy should include clean property information, professional photos, accurate financial details, realistic pricing, and clear positioning around income, condition, and future opportunity.

What’s My Fourplex Worth?
Anchorage Fourplex FAQ

Frequently Asked Questions About Anchorage Fourplexes

Are fourplexes good investments in Anchorage?

Fourplexes can be strong investments when the purchase price, rents, expenses, financing, condition, and location all make sense. The key is analyzing the full picture, not just the advertised rent.

Can I live in one unit and rent the others?

In some cases, buyers purchase a fourplex as an owner-occupant property and rent the remaining units. Financing rules, occupancy requirements, and property condition should be reviewed carefully with a qualified lender.

What expenses should I review before buying a fourplex?

Buyers should review taxes, insurance, utilities, repairs, vacancy, management, snow removal, lawn care, maintenance reserves, and any known capital expenses.

How should I sell a fourplex in Anchorage?

Sellers should provide clear rent information, expense details, lease terms, maintenance history, professional photos, and pricing that makes sense to both investors and owner-occupant buyers.

Looking For An Anchorage Fourplex?

Whether you’re buying your first multifamily property or selling an existing fourplex, get strategic guidance built around income, risk, condition, and long-term value.

Search Fourplexes Email James

Anchorage Fourplexes For Sale

$935,000
5 Beds ⋅ 4 Baths ⋅ 26-9022 MLS
Step into a warm and inviting entryway that creates a wonderful first impression. Filled with natural light and thoughtfully designed, it offersa welcoming transition into a home that is designed for comfort. Two full new kitchens with tons of room to cook & entertain. ADU has been used as an Airbnbfor the summer. Unique property with a huge shop. Come & take a look. FSBO listing. Please contact Seller under contact info in the listing. Smaller unit is being actively used as Airbnb. Buyer and Buyers agent to verify all info.

7800 Wisteria Street, Anchorage

Listing Office Alaska Real Estate Associates, LLC
$575,000
5 Beds ⋅ 4 Baths ⋅ 26-8576 MLS
Nestled in the highly sought-after Foxhall neighborhood, this timeless two-story home has been impeccably maintained and lovingly cared for by the same owners for nearly 40 years. Offering five spacious bedrooms, two inviting living areas, two dining spaces, and a beautifully appointed library with custom built-in shelving, there's room for everyone to gather or spread out in comfort. A thoughtfully designed addition completed in 1989 blends seamlessly with the original home, creating an open, natural flow that feels as though it has always been part of the house. A cozy fireplace adds warmth and charm, while the covered front porch welcomes you home. Outside, the mature backyard is a gardener's delight, featuring eight established cherry and apple trees that provide beauty and seasonal harvests. Complete with a large garage and classic traditional layout, this is a rare opportunity to own a home that has been cherished, exceptionally maintained, and is ready for its next chapter.

2310 Yorkshire Lane, Anchorage

Listing Office CORE Real Estate Group, LLC.
$779,000
4 Beds ⋅ 4 Baths ⋅ 26-8198 MLS
Beautiful, traditional 2 story home w/ a finished basement, & HUGE garage. Home has been completely updated. Kitchen has SS appliances, custom cabinets, quartz countertops, island & seating area. Open to the family room w/ cozy gas fireplace & access to lg deck & backyard. Formal living & dining. Vaulted ceilings throughout, light & bright. Beautiful master w/ mountain views & huge walk in closet. Basement has small kitchenette, 3/4 bath with walk in shower and huge WIC. Very versatile space, could be used as additional family room, gym area or the 5th bedroom. Great space for the visitors, college kids or MIL. Garage has an additional loft space. Not a typical loft, great space with stair access, an abundance of great storage....truly an awesome bonus space. Great location, close to trails, schools and convenient shopping. Large recreation room could be counted as 5th bedroom or 2nd master suite. Features of our home: *HRV-Heat Recovery Ventilation System *In floor heating throughout home, including garage *Full basement *Kitchenette and eat-in area in basement *Two living areas on main floor *Three car garage with built-in storage *Upper storage areas in garage *Walk-in closets in every room *Walk-in pantry *Laundry chute from main bedroom closet Additional information: *Exercise equipment and some furniture are available to include in purchase of the home. This extraordinary home is a definite must see.

2801 Monarch Circle, Anchorage

Listing Office Herrington and Company, LLC
$1,099,900
5 Beds ⋅ 5 Baths ⋅ 26-8060 MLS
For the past eight years, this has been more than a house; it has been HOME. The sellers planned to stay here for years to come, but family comes first, so this is a bittersweet decision. They hope the next owners will love and cherish this home as much as they have. Nestled on a friendly, close-knit cul-de-sac, neighbors genuinely look out for one another, even lending a hand with snow plowing during the winter. Designed for multigenerational living, guest accommodations, or investment potential. With over 4,600 sq. ft., this spacious home offers 5 bedrooms, 5 bathrooms, and a 3-car garage. The Warmth of the Interior Step inside and you will immediately feel how incredibly cozy and elegant this home is, featuring tall ceilings and a beautiful design that perfectly meshes farm/country chic with modern touches. The kitchen is truly the heart of the home, beautifully equipped with a double oven and an extended island that makes hosting large, lively gatherings with family and friends an absolute breeze. The Master Bedroom: The primary suite serves as a true retreat, highlighted by a master bathroom featuring separate his-and-her vanities, gorgeous finishes throughout, and a private sitting area overlooking the stunning Turnagain Arm--an ideal space to relax with a morning coffee, unwind with a book, or create a quiet home office. Down the hall, a fantastic second-floor bedroom boasts its own private en suite bath, offering the perfect setup for a quiet home office or a teenager desiring their own dedicated space, while another bedroom served by a nearby full bathroom offers even more flexibility for family, a nursery, fitness room, or a second home office. The Basement/ADU: For guests or multi-generational living, the home includes a complete Mother-In-Law suite, which functions as a fully standalone unit with its own private entry and exit in the garage. The garage itself is a massive, two-level dream with space for three vehicles and all of your Alaskan toys, while the upstairs portion provides an incredibly organized area for your projects, hobbies, and storage. Practicality meets luxury throughout the rest of the home's layout. Between the garage entrance and the main floor, you will find a roomy Arctic entry. This thoughtful transition zone is ideal for keeping Alaska outside, ensuring that your warm, cozy retreat remains entirely free of the snowy trails and traces of your daily adventures. The Beauty of the Outdoors The magic of this property extends far beyond its walls. Whether you are stepping outside or simply looking out the windows, you will be treated to picturesque, year-round views of the Turnagain Arm from all over the house, as well as front-row seats to the vibrant Northern Lights dancing across the winter sky. The home sits on an exceptionally large lot, stretching beyond the fenced-in area to create a vast, safe playground for kids and dogs alike. It is a regular joy to witness Alaska's various wildlife peacefully commuting through the front yard, serving as a beautiful daily reminder of your close connection to nature. While you will enjoy a wonderful sense of community here, you will also enjoy incredible, rare space. Tucked away on a quiet cul-de-sac with phenomenal neighbors, this property ensures you never feel like you are living right on top of one another. It truly is the perfect Alaskan retreat, offering the ideal balance of warm neighborhood connection and peaceful mountain solitude.

16241 Baugh Circle, Anchorage

Listing Office Jack White Real Estate
$949,000
5 Beds ⋅ 4 Baths ⋅ 26-7903 MLS
Spectacular Potter Creek home featuring a stylish yet functional floor plan, open concept kitchen, dramatic living room, walls of windows, 2 fireplaces, formal dining, built in bookcases, main floor bedroom and 3/4-bath, large master suite, fully finished basement, sweeping and stunning Potter Marsh, inlet and mountain views and much more. Tasteful new paint and new flooring. Tranquil setting.

4825 Potter Crest Circle, Anchorage

Listing Office Herrington and Company, LLC
$835,000
4 Beds ⋅ 4 Baths ⋅ 26-7593 MLS
Welcome to this beautifully maintained 2-story home w walk-out basement on a cul-de-sac in the highly desirable Kempton Park neighborhood. Natural light pours into the dramatic two-story south-facing living room. The personality-filled kitchen and family room flow to a spacious new deck overlooking the backyard. The main level includes a BR and 3/4 bath, ideal for guests or a home office. Upstairs the primary suite offers a large walk-in closet and private bath with tub, separate shower and dual vanities. A generous sitting area overlooking the family room provides separation between the primary and two additional bedrooms. The walk-out basement includes a 3/4 bath and versatile living space perfect for guests, recreation, hobbies or a media room. See Disclosures, Inspections, Invoices for pre-inspection, new HWH's, garage unit heater, newly built deck, upper two levels carpet and refreshed interior paint, newer roof and exterior paint, resealed driveway and professionally cleaned windows. Move in ready!

3331 Whiteney Circle, Anchorage

Listing Office Herrington and Company, LLC
$1,160,000
4 Beds ⋅ 4 Baths ⋅ 26-7278 MLS
Gorgeous custom home with stunning views on a large usable lot! The remodeled kitchen features a Thermador range and granite counters. A flexible multi-level floor plan boasts a main-level primary suite, a massive mid-level rec room, private upper guest suite, and a basement office/storage. Outside, enjoy a meticulously landscaped yard, circle driveway, generator switch, and endless room for toys!

5345 Riverton Avenue, Anchorage

Listing Office Keller Williams Realty Alaska Group of Eagle River
$525,000
6 Beds ⋅ 4 Baths ⋅ 26-6760 MLS
Significant Price Improvement - Exceptional Value on This Beautifully Remodeled 6-Bedroom Home! If you've been searching for a home with room to grow, this beautifully remodeled 2,466-square-foot residence is one you won't want to miss. Offering 6 spacious bedrooms and 4 full bathrooms, this is first and foremost one large, comfortable home designed to accommodate a growing family, multiple generations, or anyone who appreciates generous living space. The thoughtfully designed floor plan features 3 bedrooms, 2 bathrooms, and a full kitchen on each level, creating the perfect balance of togetherness and privacy. Whether you have adult children living at home, aging parents, frequent guests, or simply want separate spaces for work, recreation, or entertaining, this home easily adapts to your lifestyle. No detail has been overlooked in the top-to-bottom remodel. You'll love the luxury vinyl plank flooring throughout, providing both beauty and durability. Both kitchens are equipped with all-new appliances, including refrigerators, ranges, and dishwashers. The lower-level kitchen also features a built-in microwave for added convenience. The bathrooms have been tastefully updated with modern tiled tub and shower surrounds, creating a fresh, contemporary look. A new stackable washer and dryer are conveniently located on the main level, while the lower level features a full-size washer and dryer. Step outside to a large, partially fenced yard with plenty of room for children and pets to play, summer barbecues, gardening, or simply relaxing in your own outdoor retreat. While this home is designed to be enjoyed as one spacious residence, its versatile layout also offers exciting possibilities for the future. With separate living areas, two kitchens, and laundry on both levels, a new owner may choose to utilize the home as an upstairs/downstairs duplex-style property or for multi-generational living, creating flexibility for extended family or potential rental income (subject to local regulations and buyer verification). It's rare to find a home that offers this much living space, extensive updates, and so many options under one roof. Whether you're looking for your forever home or appreciate the added value of future investment possibilities, this exceptional property is ready to meet your needs. Move-in ready and now offered at an exceptional new price, this is an opportunity you won't want to miss. Schedule your private showing today and experience all this remarkable home has to offer! Lori Guy at Stewart Title provides excellent service!

602 N Park Street, Anchorage

Listing Office Frontier Realty
$1,100,000
4 Beds ⋅ 5 Baths ⋅ 26-6656 MLS
An extraordinary architect-designed residence tucked away at the end of a secluded cul-de-sac in desirable West Anchorage. Engineered for longevity and low maintenance, this one-of-a-kind custom home was completed in 2025 and showcases commercial-grade construction materials, premium mechanical systems, and a level of quality rarely found in residential properties. Offering more than 4,400 square feet of living space (incl. the almost finished basement), the home's innovative design provides exceptional versatility for a wide range of uses. Whether utilized as a luxurious single-family residence, a multigenerational living arrangement, or an income-producing opportunity, the flexible floor plan easily adapts to changing needs. The main level features a fully ADA-accessible layout with a spacious living area, kitchen, and two bedrooms and two baths. Above the garage, a second self-contained living space offers its own kitchen, living area, and two additional bedrooms and baths, creating ideal separation for extended family, guests, caretakers, or rental income. Comfort and efficiency are enhanced by radiant in-floor heat powered by dual high-efficiency Lochinvar boilers, providing both redundancy and long-term energy savings. The nearly finished 1,345-square-foot basement further expands the possibilities with two egress rooms, space for additional bathrooms, and a reinforced concrete safe/storage room. Designed to maximize sunlight and privacy, the home features a large south-facing deck and an impressive rooftop deck perfect for entertaining, relaxing, and enjoying Alaska's long summer days. Additional highlights include a 10' x 10' garage door, contemporary architectural styling, and a peaceful setting that combines privacy with convenient access to city amenities. A truly rare offering that blends exceptional craftsmanship, flexible living arrangements, premium building systems, and enduring value into a property unlike anything else on the market.

5030 W 86th Avenue 5028, Anchorage

Listing Office Herrington and Company, LLC
$699,900
4 Beds ⋅ 4 Baths ⋅ 26-6532 MLS
4BR single-family home featuring two separate, income-producing Airbnb units already running. Owner can live in the main home while the units generate cash flow. Great separation between living space and rentals. Turnkey operation with established performance. Perfect for house hacking or adding built-in income.

4128 Wright Street, Anchorage

Listing Office Chambers Real Estate Services
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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Properties of Alaska Real Estate Brokers of Alaska are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated: