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Two-Home Multifamily Property
For Sale
$389,900

1970/1972 Tracy Avenue, North Pole, AK 99705

Separate residences provide flexible occupancy options, including a refreshed second home with a loft.

Property Size1,256 SF
Price / SF$310.43
Days on Market9

Property Features for 1970/1972 Tracy Avenue

General Information

Standard status Active
Size 1,256 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR + loft/1BA
Multifamily Units 2

Building Details

Year Built 2003
Listing Agency: Alaska Life Realty
Listed By: Apex Realty Group
Source: Fbxhomesearch
Added: Sep 19 Changed: Sep 26 Last Checked: Sep 26 at 7:08AM

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 Life Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two separate homes totaling 1,256 square feet. The primary residence contains 2 bedrooms and 2 bathrooms and is occupied by a long-term tenant under a lease extending through April 2027. A new septic system has been installed for that home.

The second residence offers 1 bedroom, a loft, and 1 bathroom, with updates completed since the prior sale. The two-home configuration supports separate occupancy, continued rental use, or owner occupancy of one residence while retaining the other as a rental.

Key Highlights

  • Two separate homes totaling 1,256 square feet
  • Main home includes 2 bedrooms and 2 bathrooms
  • Main home lease runs through April 2027

Property Analytics

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Current Use

Multifamily properties

Lease Details

2
Residential units

Location Intelligence

Demographics for 99705, AK

22,040
Population
9,091
Households
2.4
Avg Household Size
33
Median Age
26%
College-Educated
93%
High-School Grad
143.0 sq mi
ZIP Area
154
Density / Sq Mi
$96,966
Median Household Income
$55,041
Median Earnings
$1,496
Median Rent
$290,100
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?
Multifamily property - Separate residences provide flexible occupancy options, including a refreshed second home with a loft.
Where is this multifamily property located?
The property is located at 1970/1972 Tracy Avenue North Pole, AK.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two separate homes totaling 1,256 square feet; Main home includes 2 bedrooms and 2 bathrooms; Main home lease runs through April 2027
More about this property
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