Two-Unit Duplex with
For Sale
$540,000
14231 Sunview Drive, Anchorage, AK 99515
Multi-Family, Anchorage, AK
Property Size2,562 SF
Lot Size0.36 Acres
Price / SF$210.77
Days on Market64
Property Features for 14231 Sunview Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2A - Two Family Resident
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Dining Room, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3
Parking features
Tuck Under, Heated
Elementary school
Rabbit Creek
Middle school
Goldenview
High school
South Anchorage
Directions
Old Seward Highway past Dearmoun Road. Turn left onto Sunview Drive. Property is on the left; sign posted.
Subdivision
1A - Anchorage Municipality
Standard status
Active
APN
0182014200001
Size
2,562 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Description
Sunset Hills L31 BB
Legal Description
Sunset Hills L31 BB
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Water source
Well
Amenities
oversized deck
large shed
fenced yard
Building Details
Year built
1972
Number of units
2
Listing Agency:
Berkshire Hathaway HomeServices Alaska Realty
(907) 646-3600
Listed By:
Tamara J Garner · License #155781
(907) 341-7022
Added: Sep 4
Changed: Nov 3
Last Checked: Nov 6 at 2:06PM
MLS# 26-11427
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.
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Investment Insights
Based on property information with market context.
This 2,562-square-foot duplex, built in 1972, contains two residences on a 0.36-acre lot. The upper home has 2 bedrooms, 2 bathrooms, a family room, an attached garage, and a deck. The lower residence has 3 bedrooms, 1 bathroom, a separate entrance, and carport access. A shed, fenced area, and established raspberry bushes are also on the property.
The property is in South Anchorage and is zoned R2A - Two Family Resident. It uses well water and a septic system, with forced-air natural gas heat. COSA approval and a well/water inspection are complete. A furnace and hot water heater were installed in January 2026.
The property is in South Anchorage and is zoned R2A - Two Family Resident. It uses well water and a septic system, with forced-air natural gas heat. COSA approval and a well/water inspection are complete. A furnace and hot water heater were installed in January 2026.
Key Highlights
- Two residences with 2 bedrooms and 2 bathrooms upstairs, and 3 bedrooms and 1 bathroom downstairs
- 2,562 square feet on a 0.36‑acre lot
- Upper residence includes an attached garage and deck; lower residence has carport access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,624
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,480
$752.5K
Cap Rate 7%
$537,486
$537.5K
Cap Rate 9%
$418,044
$418.0K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$56.9K $22.20/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$53.7K $20.98/SF
− OpEx
−$16.1K −$6.29/SF
NOI
$37.6K $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 Rate 5%
$752,480
Cap Rate 7%
$537,486
Cap Rate 9%
$418,044
Alternative Uses
Best Use
Multifamily LT 5
$537.5K
$470.3K – $627.1K
NOI $37,624 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$470.4K
$411.6K – $548.9K
NOI $32,931 @ 7.0% cap · market cap 6.10%
Theoretical Best
Specialty Retail
$695.7K
$608.7K – $811.6K
NOI $48,698 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 99515, AK
22,532
Population
8,137
Households
2.8
Avg Household Size
37
Median Age
41%
College-Educated
95%
High-School Grad
10.6 sq mi
ZIP Area
2,126
Density / Sq Mi
$112,445
Median Household Income
$55,657
Median Earnings
$1,716
Median Rent
$400,500
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 - Separate upper and lower residences offer distinct entrances and access to a garage and carport.
Where is this duplex located?
The property is located at 14231 Sunview Drive Anchorage, AK.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two residences with 2 bedrooms and 2 bathrooms upstairs, and 3 bedrooms and 1 bathroom downstairs; 2,562 square feet on a 0.36‑acre lot; Upper residence includes an attached garage and deck; lower residence has carport access
