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30-Unit Apartment Building
New
For Sale
$2,700,000
Pending

1315 Cordova Street, Anchorage, AK 99501

Apartments are individually electric-metered, with a secured entrance and shared coin-operated laundry.

Property Size21,000 SF
Days on Market5

Property Features for 1315 Cordova Street

General Information

Standard status Pending
Size 21,000 SF
Property subtype Multi-Family

Units

Unit Mix 9 x studio, 15 x 1BR, 6 x 2BR
Multifamily Units 30

Amenities

laundry room

Building Details

Building Size 21,000 SF
Year Built 1978
Listing Agency: Herrington and Company, LLC
Listed By: Savanna Wiita · License #124031
Source: Keiradrehergroup.kw
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:23PM

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 Herrington and Company, LLC

Investment Insights

Based on property information with market context.

Built in 1978, this 30-unit apartment property in Anchorage offers a mix of 9 studios averaging approximately 434 square feet, 15 one-bedroom units at approximately 659 square feet, and 6 two-bedroom units at approximately 852 square feet. The secured building has individual electric meters and a coin-operated laundry room. Lightweight concrete between floors and insulated walls separating apartments provide additional sound separation.

The property is located at 1315 Cordova Street in Midtown Anchorage.

Key Highlights

  • 30 apartments: 9 studios, 15 one‑bedroom units, and 6 two‑bedroom units
  • Studios average approximately 434 square feet; one‑bedroom units are approximately 659 square feet; two‑bedroom units are approximately 852 square feet
  • Secured building with individual electric meters and coin‑operated laundry

Property Analytics

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Current Use

Norseman Apartments Apartment Building

Lease Details

30
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Apartments are individually electric-metered, with a secured entrance and shared coin-operated laundry.
Where is this apartment building located?
The property is located at 1315 Cordova Street Anchorage, AK.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 30 apartments: 9 studios, 15 one‑bedroom units, and 6 two‑bedroom units; Studios average approximately 434 square feet; one‑bedroom units are approximately 659 square feet; two‑bedroom units are approximately 852 square feet; Secured building with individual electric meters and coin‑operated laundry
More about this property
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