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Quadplex Community with Townhouse Layouts
For Sale
$6,750,000

1900-1941 Marthas Vineyard Circle, Anchorage, AK 99507

R3-zoned rental project with townhouse-style units, in-unit laundry, and separately metered gas and electric service.

Property Size3,880 SF
Days on Market61

Property Features for 1900-1941 Marthas Vineyard Circle

General Information

Standard status Active
Size 3,880 SF
Property subtype Multi-Family
Zoning R3 - Multiple Family Residential

Units

Unit Mix 1 x 3BR townhouse, 1 x 2BR townhouse, 2 x 2BR up/down
Multifamily Units 36

Taxes and HOA fees

Annual Taxes $82,613

Amenities

laundry in each unit

Building Details

Building Size 3,880 SF
Year Built 1983
Buildings 9
Listing Agency:
Listed By: Mossy Oak Properties of Alaska
Source: Alaskalandguide.idxbroker
Added: Jul 1 Changed: Aug 29 Last Checked: Aug 29 at 10:51PM

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 Mossy Oak Properties of Alaska

Investment Insights

Based on property information with market context.

This multifamily rental project comprises 9 fourplex buildings constructed in 1983. Each building contains four units: one 3BR townhouse, one 2BR townhouse, and two 2BR up-and-down units. Laundry is provided within every unit, while gas and electric service is separately metered for each residence, with tenants paying those utilities.

The buildings are located at 1900-1941 Marthas Vineyard Circle in Anchorage’s Independence Park. The property is zoned R3 - Multiple Family Residential, and the entire circle has been owned and operated as one project by the same owner for 25+ years.

Key Highlights

  • 9 fourplex buildings constructed in 1983
  • Each building includes 1x3BR townhouse, 1x2BR townhouse, and 2x2BR up‑and‑down units
  • Laundry provided in each unit

Property Analytics

Current Use

Quadplexes

Lease Details

36
Residential units

Location Intelligence

Demographics for 99507, AK

38,199
Population
14,552
Households
2.6
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
808
Density / Sq Mi
$107,347
Median Household Income
$55,197
Median Earnings
$1,546
Median Rent
$371,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - R3-zoned rental project with townhouse-style units, in-unit laundry, and separately metered gas and electric service.
Where is this quadplex located?
The property is located at 1900-1941 Marthas Vineyard Circle Anchorage, AK.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 9 fourplex buildings constructed in 1983; Each building includes 1x3BR townhouse, 1x2BR townhouse, and 2x2BR up‑and‑down units; Laundry provided in each unit
More about this property
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