Updated Quadplex with In-Unit
For Sale
Contact for pricing
1075 EAGLE ST, Anchorage, AK 99501
Updated kitchens and bathrooms complement laundry appliances provided inside every residence.
Property Size3,780 SF
Price / SF$195.50
Days on Market15
Property Features for 1075 EAGLE ST
General Information
Standard status
Active
Size
3,780 SF
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
100%
Amenities
in-unit washer and dryer
Building Details
Year Built
1949
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Alaska Multiple Listing Service, Inc
Listed By:
Kevin Cross · License #AK RECS17358
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 10 at 5:09AM
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 Multiple Listing Service, Inc
Investment Insights
Based on property information with market context.
This 1949-built quadplex contains four residential units totaling 3780 in property size. The configuration includes three two-bedroom, 1.75-bath residences and one one-bedroom, one-bath residence. Kitchens and bathrooms have been updated, and each unit includes its own washer and dryer. Professional management is already in place.
The property is at 1075 EAGLE ST in Anchorage, Alaska, within walking distance of the Park Strip. That setting also places the building near downtown amenities, including dining, shopping, and parks. The established unit mix and in-unit laundry provide a clearly defined physical configuration for multifamily ownership.
The property is at 1075 EAGLE ST in Anchorage, Alaska, within walking distance of the Park Strip. That setting also places the building near downtown amenities, including dining, shopping, and parks. The established unit mix and in-unit laundry provide a clearly defined physical configuration for multifamily ownership.
Key Highlights
- Four‑unit property with three 2‑bedroom, 1.75‑bath units and one 1‑bedroom, 1‑bath unit
- Updated kitchens and bathrooms throughout
- In‑unit washers and dryers in every residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,510
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,200
$1.1M
Cap Rate 7%
$793,000
$793.0K
Cap Rate 9%
$616,778
$616.8K
Market Conditions
NOI Build-Up for 3,780 SF
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.
Gross rent
$83.9K $22.20/SF
− Vacancy
−$4.6K −$1.22/SF
EGI
$79.3K $20.98/SF
− OpEx
−$23.8K −$6.29/SF
NOI
$55.5K $14.69/SF
Area
Anchorage, AK
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,200
Cap Rate 7%
$793,000
Cap Rate 9%
$616,778
Alternative Uses
Best Use
Multifamily LT 5
$793.0K
$693.9K – $925.2K
NOI $55,510 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$694.1K
$607.3K – $809.8K
NOI $48,586 @ 7.0% cap · market cap 6.57%
Theoretical Best
Specialty Retail
$1.03M
$898.1K – $1.20M
NOI $71,850 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated kitchens and bathrooms complement laundry appliances provided inside every residence.
Where is this quadplex located?
The property is located at 1075 EAGLE ST Anchorage, AK.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Four‑unit property with three 2‑bedroom, 1.75‑bath units and one 1‑bedroom, 1‑bath unit; Updated kitchens and bathrooms throughout; In‑unit washers and dryers in every residence
