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    R3 Zoned Multi-Family Quadplex Title is generated by Realmo AI

    510 San Juan Circle, Anchorage, AK 99504

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    Claim this Listing
    New
    For Sale
    $844,900

    MULTI_FAMILY - Anchorage, AK

    Property size:
    4,500 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $187/SF
    Added:
    Jun 11, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 14 at 12:06 am

    Property Features for 510 San Juan Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3 - Multiple Family Resi
    Bedrooms
    12
    Bathrooms
    8
    Rooms
    Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 7, Bedroom 9, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 5, Bathroom 8, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 12
    Standard status
    Active
    APN
    0063917200001
    Size
    4,500 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    Mountain Dale L7 B5

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1986
    Number of units
    4
    Roof type
    Shingle

    We can help!

    Listing Contact
    Jeduthun C Carpenter

    Listing agent Jeduthun C Carpenter License #170537

    Listing office EXP Realty, LLC 3705 Arctic Blvd #292, Anchorage, AK

    Listing date Jun 11, 2026

    MLS# 26-6932 Listing URL

    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.

    HighLights

    • Built in 1986
    • 12 bedrooms and 8 bathrooms
    • Heating: natural gas with baseboard heat
    • Public water supply
    • Public sewer service
    • Shingle roof

    Overview

    This for-sale multi-family residential income property is identified as a quadplex and is listed at approximately 4,500 square feet. It sits on a 0.22-acre lot and is zoned R3 for multiple-family residential use, supporting multi-unit housing opportunities under local zoning requirements.

    Located at 510 San Juan Circle in Anchorage, AK 99504, the property’s placement within an R3 multiple-family zone is a core part of its positioning for investors and owner-operators seeking a residential income asset. The listing does not provide additional details on specific unit configuration beyond the multi-family quadplex classification.

    For buyers evaluating residential income housing in Anchorage, the R3 zoning and multi-family classification are the primary practical considerations. This property may fit buyers looking for an income-focused, R3-compliant multi-family asset, with the listed lot size and building size defining the scale of the offering. Interested parties should review local zoning and any applicable permitting requirements to confirm intended use and operations within R3 - Multiple Family Resi.

    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 $99.9k $22.20
    − Vacancy −$5.5k −$1.22
    EGI $94.4k $20.98
    − OpEx −$28.3k −$6.29
    NOI $66.1k $14.69
    4,500 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $944.1K
    $826.1K – $1.10M (±1% cap)
    NOI $66,084 @ 7.0% cap · market cap 7.82%
    Second Best
    Apartment 5plus
    $826.3K
    $723.0K – $964.0K (±1% cap)
    NOI $57,841 @ 7.0% cap · market cap 6.85%
    Theoretical Best
    Specialty Retail
    $1.22M
    $1.07M – $1.43M (±1% cap)
    NOI $85,536 @ 7.0% cap · market cap 10.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.777853
    Latitude
    61.217579

    FAQs

    What type of property is this?
    Quadplex - R3 multiple-family zoning and residential income property at 510 San Juan Circle in Anchorage.
    Where is this quadplex located?
    The property is located at 510 San Juan Circle Anchorage, AK.
    What is the asking price?
    The asking price for this property is $844,900.
    What are key features of this property?
    This property features: Built in 1986; 12 bedrooms and 8 bathrooms; Heating: natural gas with baseboard heat
    More about this property
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