3854 W 82nd Avenue Anchorage, AK 99502
MULTI_FAMILY - Anchorage, AK
Property Features for 3854 W 82nd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3 - Multiple Family Resi
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 8, Bedroom 3, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 4
- Standard status
- Pending
- APN
- 0122564400001
- Size
- 4,480 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- Aurora Heights L2 B1
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1975
- Number of units
- 3
- Flooring type
- Carpet, Vinyl
- Building materials
- Wood Frame
- Roof type
- Asphalt, Shingle
Listing agent Carole Marvel License #15592 (907) 884-8912
Listing office Berkshire Hathaway HomeServices Alaska Realty 561 E 36th Ave Ste 200, Anchorage, AK (907) 646-3600
Listing date May 30, 2026
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The exterior includes newer siding, new windows, and fresh paint. There is also a fenced yard that can support overflow parking. The property is zoned for multiple family residential use (R3 - Multiple Family Resi) and is located in Anchorage, near the airport.
For investors or owner-operators seeking a residential income asset, the unit-by-unit utility setup and tenant responsibility for gas and electric can help simplify expense allocation. The townhouse-style configuration may also appeal to operators considering short-term rental use, given the property’s proximity to the airport.
Key Highlights
- Wood frame construction, built in 1975
- Public water and public sewer
- Roof is asphalt shingle; heating includes baseboard with natural gas
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.5k | $22.20 |
| − Vacancy | −$5.5k | −$1.22 |
| EGI | $94.0k | $20.98 |
| − OpEx | −$28.2k | −$6.29 |
| NOI | $65.8k | $14.69 |
