Duplex with Mountain
1340 E Fairview Loop, Wasilla, AK 99654
For Sale
$675,000
Two-unit property with an oversized deck, greenhouse, storage shed, and automatic backup generator.
Property Size2,496 SF
Lot Size4.00 Acres
Price / SF$270.43
Days on Market99
Property Features for 1340 E Fairview Loop
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Jack White Real Estate Mat Su
Listed By:
Joseph Geschke
(907) 376-2414
Source:
Bktanchorage
Added: Aug 7
Changed: Oct 26
Last Checked: Oct 7 at 4:14PM
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 Jack White Real Estate Mat Su
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Investment Insights
Based on property information with market context.
This 2,496-square-foot duplex occupies 4 acres at 1340 E Fairview Loop in Wasilla. The property combines two-unit residential functionality with outdoor features that include an oversized deck, greenhouse, and storage shed. Mountain views add to the setting, while the usable acreage provides additional room around the improvements.
A built-in automatic generator supplies backup power during outages. The property’s duplex configuration supports residential use with the potential for rental income, while its acreage and accessory improvements provide flexibility for occupants seeking additional outdoor space.
A built-in automatic generator supplies backup power during outages. The property’s duplex configuration supports residential use with the potential for rental income, while its acreage and accessory improvements provide flexibility for occupants seeking additional outdoor space.
Key Highlights
- 2,496‑square‑foot duplex on 4 acres
- Mountain views and oversized deck
- Greenhouse and storage shed included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,038
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,760
$660.8K
Cap Rate 7%
$471,971
$472.0K
Cap Rate 9%
$367,089
$367.1K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$49.4K $19.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$47.2K $18.91/SF
− OpEx
−$14.2K −$5.67/SF
NOI
$33.0K $13.24/SF
Area
Matanuska-Susitna County, AK
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,760
Cap Rate 7%
$471,971
Cap Rate 9%
$367,089
Alternative Uses
Best Use
Multifamily LT 5
$472.0K
$413.0K – $550.6K
NOI $33,038 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$419.4K
$367.0K – $489.3K
NOI $29,360 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$688.0K
$602.0K – $802.7K
NOI $48,163 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 99654, AK
40,726
Population
17,006
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
95%
High-School Grad
113.6 sq mi
ZIP Area
359
Density / Sq Mi
$93,739
Median Household Income
$53,748
Median Earnings
$1,233
Median Rent
$342,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with an oversized deck, greenhouse, storage shed, and automatic backup generator.
Where is this duplex located?
The property is located at 1340 E Fairview Loop Wasilla, AK.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,496‑square‑foot duplex on 4 acres; Mountain views and oversized deck; Greenhouse and storage shed included
