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Townhouse-Style Quadplex with Balcony
For Sale
$720,000

1054 W 20th Avenue, Anchorage, AK 99503

Fully occupied property with private-entry units, individual laundry, and a mix of two- and three-bedroom layouts.

Property SizeContact for details
Days on Market70

Property Features for 1054 W 20th Avenue

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Amenities

Baseboard
Asphalt, Composition, Shingle

Building Details

Year Built 1978
Tenancy Multi
Listing Agency: Alaska Group
Listed By: Nani Palmer · License #ak
Source: Kw
Added: Jul 3 Changed: Sep 8 Last Checked: Sep 9 at 8:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alaska Group

Investment Insights

Based on property information with market context.

Built in 1978, this four-unit residential income property is arranged in a townhouse-style configuration, with private entrances and laundry provided for each residence. The main level of every unit includes the kitchen and living room, creating a consistent layout across the property. Units 1, 2, and 3 each contain 2 bedrooms, while Unit 4 offers 3 beds and a balcony.

The property sits at 1054 W 20th Avenue in Anchorage, near Valley of the Moon Park, shopping, dining, schools, and major commuter routes. The grounds include a mature lawn and established perennial landscaping. Exterior materials include asphalt, composition, and shingle elements, while baseboard heating is provided inside.

Key Highlights

  • Four‑unit quadplex with townhouse‑style layouts
  • Fully occupied with 2‑bedroom units in Units 1, 2 & 3
  • Unit 4 includes 3 beds and a balcony

Property Analytics

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Current Use

Quadplexes

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Demographics for 99503, AK

13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied property with private-entry units, individual laundry, and a mix of two- and three-bedroom layouts.
Where is this quadplex located?
The property is located at 1054 W 20th Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Four‑unit quadplex with townhouse‑style layouts; Fully occupied with 2‑bedroom units in Units 1, 2 & 3; Unit 4 includes 3 beds and a balcony
More about this property
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