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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

1345 W 13th Avenue, Anchorage
$989,000
6 Beds ⋅ 4 Baths ⋅ 26-13375 MLS
Situated in the heart of Anchorage's highly desirable South Addition neighborhood, this beautifully updated property offers an exceptional combination of comfort, versatility, and convenience. Featuring a spacious 4 bd/3ba main residence and an attached 2bd/1 ba MIL apartment with its own private entrance, the home provides flexible living arrangements to suit a variety of needs. The main residence welcomes you with thoughtfully designed living spaces and tasteful updates throughout. The inviting kitchen features quartz countertops, warm maple cabinetry, and an open connection to the dining and living areas, creating a comfortable setting for everyday living and entertaining. The main-level primary suite offers a private retreat with an ensuite bathroom and walk-in closet. A cozy sitting area near the entry, along with an additional bedroom and bathroom, provides flexibility for guests, a home office, or a quiet place to unwind. Downstairs, two additional bedrooms and a full bathroom complete the main residence. The attached mother-in-law apartment offers an exceptional level of flexibility with its own private entrance, kitchen, dining area, comfortable living space, two bedrooms, and full bathroom. Well suited for multigenerational living, extended guests, or potential rental income, this separate living space adds both functionality and opportunity. Outside, the generously sized lot is framed by mature trees, creating a welcoming outdoor setting with plenty of room to relax and gather. A fire pit provides the perfect place to enjoy Alaska evenings, while ample parking accommodates multiple vehicles and recreational toys. The detached two-car garage features convenient alley access and an attached greenhouse, offering additional space for gardening, hobbies, or storage. Enjoy the best of South Addition living, with neighborhood schools, local restaurants, shopping, parks, and scenic trails just minutes away. Combining the character of an established Anchorage neighborhood with beautifully updated interiors, flexible living spaces, and an exceptional location, this property offers a unique opportunity in one of the city's most sought-after communities.

1345 W 13th Avenue, Anchorage

Listing Office The Agency Anchorage
1322 Saint Gotthard Avenue, Anchorage
$625,000
4 Beds ⋅ 5 Baths ⋅ 26-13319 MLS
Value-add opportunity in Anchorage's established Geneva Woods neighborhood! Conveniently located near Providence, Alaska Regional, ANMC, and UAA, this spacious four-bedroom home offers a flexible floor plan with three bedrooms featuring private ensuite bathrooms, allowing for multiple primary suites, guests, or multigenerational living. A dedicated spa room with sauna, garden tub, and separate shower adds a unique touch, while washers and dryers on both levels provide added convenience. Generous living areas provide plenty of possibilities to renovate, personalize, and build equity. Priced to reflect its current condition, this property offers an opportunity for buyers prepared to undertake substantial repairs and renovations. Home inspection and structural engineering reports available for review prior to submitting an offer. Seller will consider owner financing with a substantial down payment; all terms subject to Seller approval. Property sold AS-IS.

1322 Saint Gotthard Avenue, Anchorage

Listing Office Jack White Real Estate Mat Su
5331 Bishops Castle Circle Circle, Anchorage
$820,000
4 Beds ⋅ 4 Baths ⋅ 26-13242 MLS
Welcome home to some mountain and inlet views, large lush lot with gorgeous landscaping and plenty of parking for all your friends AND your toys!! This home has 2 primary suites, 1 upstairs /1 downstairs perfect for multigenerational living OR guests! Easy to view!

5331 Bishops Castle Circle Circle, Anchorage

Listing Office EXP Realty, LLC
2920 Westwind Court, Anchorage
$975,000
4 Beds ⋅ 4 Baths ⋅ 26-12802 MLS
Turnagain View entertainer! 4 BR, 4 full BA, 4,670 sq ft. Showpiece kitchen: quartz counters, huge island, gas cooktop, built-in griddle, side-by-side ovens, breakfast bar & nook. Vaulted living room with wall of windows & fireplace. Three Den/office/flex space. Finished walk-out lower level with wet bar. Two-tier deck, hot tub, fire pit & fenced yard. Heated 2-car garage with workbench & storage Hillside Entertainer with a Showpiece Kitchen in Turnagain View Tucked among mature birch on Westwind Court, this 4-bedroom, 4-bath lower Hillside home offers 4,670 sq ft designed around cooking, gathering, and room to spread out. The kitchen is the showpiece. Quartz counters run the length of the room, anchored by an oversized island with a five-burner gas cooktop, a built-in flat-top griddle with its own prep sink, and twin stainless vent hoods. Side-by-side ovens, a built-in microwave, floor-to-ceiling maple pantry cabinetry, a glass mosaic backsplash, and under-cabinet lighting round it out. Seating is everywhere: a four-seat breakfast bar, a built-in banquette nook, and a formal dining area lined with windows above a full buffet run of cabinets. A few steps down, the living room rises to vaulted ceilings with a wall of floor-to-ceiling windows, a tiled fireplace with a wraparound hearth, and an open loft walkway overhead. Bonus room on main level with its own entry. Truly a flex space that can be used a guest room or office. All four bedrooms and two full baths are upstairs, with a third full bath on the main level and a den/office for working from home, and additional full bath in the finished basement. The finished walk-out lower level is a ready-made rec room with a wet bar, pool table and direct access to the backyard. With two bonus/flex rooms that can be used as offices, dens, or whatever you fits your needs. Could turn them into bedrooms by adding a well window and a closet. Outside, a two-tier deck overlooks a fully fenced, private yard with a hot tub, fire pit, and storage shed. The heated two-car garage (605 sq ft) has tall ceilings, built-in overhead storage, a workbench with cabinets, and a floor drain. Natural gas baseboard heat, public water and sewer, and a paved driveway. Rabbit Creek Elementary, Goldenview Middle, and South High.

2920 Westwind Court, Anchorage

Listing Office Jack White Real Estate
3331 Whiteney Circle, Anchorage
$825,000
4 Beds ⋅ 4 Baths ⋅ 26-12794 MLS
Freshly updated home in desirable Kempton Park! This spacious 4BR/4BA home offers over 3,500 sq. ft. with new flooring, an updated primary bath, and a beautifully finished walkout basement. Soaring ceilings and south-facing windows bring in tons of natural light, while the kitchen and family room open to a newer deck overlooking the backyard. Main-level bedroom and ¾ bath offer added flexibility.

3331 Whiteney Circle, Anchorage

Listing Office Herrington and Company, LLC
3717 Knik Avenue, Anchorage
$1,195,500
4 Beds ⋅ 4 Baths ⋅ 26-12718 MLS
Located on a quiet cul-de-sac in the heart of Old Turnagain, this completely remodeled ranch pairs timeless Prairie Home character w/a thoughtfully executed addition. Set on a spacious private, fenced lot w/paver patio & mature landscaping, the home is framed by exposed aggregate walkways & driveway that set a polished tone from the moment you arrive. The welcoming covered front porch with rock- accented wood columns opens into a stone-floored foyer. South-facing bay windows flood the inviting living room with natural light, creating a warm & welcoming place to gather by the beautiful direct vent fireplace with mantel. Just beyond, the galley kitchen is a study in craftsmanship: custom cherry cabinetry, granite countertops, a Viking gas range & a custom built-in sliding pantry that keeps everything beautifully within reach. A showpiece of the addition is the dining room, where vaulted ceilings create a true sense of occasion. The Butler's pantry adjacent opens into the dining room and features additional wall ovens and expansive counters extending the kitchen's capability for serious cooks and effortless entertaining. The custom-built dining table & matching credenza, by Hunt & Gather in Portland, with seating for ten by Restoration Hardware, are included, with a custom handblown glass chandelier, making this room ready for holiday feasts and dinner parties from day one. The 2006 addition also includes a spacious primary suite, a private sanctuary with built-in display cases and offering direct access to the backyard patio. The elegant ensuite bath features a large travertine shower, a bubble jet free-standing bath and lovely cabinetry that includes a sit down vanity. The generous walk-in closet is outfitted with California Closets and an in-floor built in safe. An intimate study off the entry is the perfect place for a quiet conversation or diving into a good book. Two additional bedrooms on the main floor include one with an ensuite bath and a second with built-in Murphy bed. The finished day-light basement expands the living space with a family room featuring a built-in flat screen TV, custom built-in cherry cabinetry, a bedroom with walk-out access, bath, a bonus room that can be used for multiple tasks, abundant storage, and an additional washer/dryer adding everyday convenience. Old Turnagain is one of Anchorage's most cherished neighborhoods, and this cul-de-sac location offers rare privacy, sunny exposure, and a fully fenced lot, all in a setting that is hard to replicate. This is a home where every detail has been considered. Come home to 3717 Knik Avenue.

3717 Knik Avenue, Anchorage

Listing Office The Agency Anchorage
3801 Furrow Creek Road, Anchorage
$799,900
6 Beds ⋅ 4 Baths ⋅ 26-12670 MLS
THIS IS THE ONE! This spectacular chalet-style lower hillside home with 6 bedrooms and TWO master suites boasts loads of personality. From floor to ceiling windows to built-in shelving to a new kitchen remodel, this home has plenty of storage and room for everyone, while still feeling cozy in front of the fireplace. Perfect for multigenerational living with MIL potential. An absolute must see!

3801 Furrow Creek Road, Anchorage

Listing Office Real Estate Brokers of Alaska
2084 Arlington Drive North, Anchorage
$1,050,000
4 Beds ⋅ 4 Baths ⋅ 26-12662 MLS
This is the Huntington Park home you've been waiting for. Welcome to 2804 Arlington Drive North. Thoughtfully updated with incredible craftsmanship and high-end finishes throughout. Features an inviting floor plan ideal for entertaining, seamlessly flowing between living spaces. Recent work includes 2 new large composite decks, modern light fixtures, and a custom primary suite closet.

2084 Arlington Drive North, Anchorage

Listing Office Keller Williams Realty Alaska Group
627 Orchid Circle, Anchorage
$885,000
4 Beds ⋅ 4 Baths ⋅ 26-12121 MLS
Must see Botanical Gardens home on a spacious lot! Remodeled Southside gem with bed and bath on the main level with MIL potential! The upstairs loft from the 2025 listing has been reconfigured to add a 4th bedroom. Upon entering you'll notice a lovely living area with large light filled windows overlooking the fenced yard and trex deck. The kitchen hosts beautiful cherry cabinets with granite countertops. On either side of the kitchen are dedicated spaces for a breakfast nook and dining area or perhaps a sit-in home office. Easily separated space on the other side of the main level hosts a bathroom, fireplace, and cabinetry with mini fridge, sink, and microwave alongside the main level bedroom. Upstairs you'll find the remaining three bedrooms including the master and the master bath!

627 Orchid Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
10365 Prince William Circle, Anchorage
$1,150,000
4 Beds ⋅ 5 Baths ⋅ 26-12077 MLS
Welcome to this 4 bedroom, **5 car garage** home located across from the bluff and on a cul-de-sac! 8 foot solid wood doors throughout and so much natural light. Three bedrooms up and one bedroom down with living space on each floor. Upstairs bedrooms all have en suite bathrooms. Large shed, automatic sprinklers, multiple decks and a landscaped yard. This house lives large with room for everyone!

10365 Prince William Circle, Anchorage

Listing Office Jack White Real Estate
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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:

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