Six-Bedroom Duplex with
2616 McRae Rd, Anchorage, AK 99517
For Sale
$549,900
Two residential units provide flexible layouts, generous living areas, and outdoor space on a sizable Anchorage lot.
Property Size3,700 SF
Price / SF$148.62
Days on Market95
Property Features for 2616 McRae Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Keller Williams Realty Alaska Group
Listed By:
Ezekiel Crane
(907) 390-9484
Source:
Sellingalaskaco
Added: Aug 11
Changed: Nov 12
Last Checked: Oct 7 at 1:14PM
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 Keller Williams Realty Alaska Group
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Investment Insights
Based on property information with market context.
This Anchorage duplex includes six bedrooms, three bathrooms, and an office arranged across two residential units. The interiors offer practical floor plans, comfortable bedrooms, generous living areas, and ample natural light. The property also provides outdoor space on a sizable lot, along with off-street parking for up to 6 vehicles.
Located at 2616 Mcrae Rd in Anchorage’s 99517 area, the property has access to schools, parks, shopping, dining, and Ted Stevens Anchorage International Airport. Major roads, nearby trails, and recreational areas are also identified as accessible from the property. The configuration supports residential occupancy with flexibility for owner use or rental income, subject to applicable requirements.
Located at 2616 Mcrae Rd in Anchorage’s 99517 area, the property has access to schools, parks, shopping, dining, and Ted Stevens Anchorage International Airport. Major roads, nearby trails, and recreational areas are also identified as accessible from the property. The configuration supports residential occupancy with flexibility for owner use or rental income, subject to applicable requirements.
Key Highlights
- Duplex with six bedrooms, three bathrooms, and an office
- Off‑street parking for up to 6 vehicles
- Sizable lot with outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,558
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,160
$951.2K
Cap Rate 7%
$679,400
$679.4K
Cap Rate 9%
$528,422
$528.4K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$91.0K $24.60/SF
− Vacancy
−$4.6K −$1.23/SF
EGI
$86.5K $23.37/SF
− OpEx
−$38.9K −$10.52/SF
NOI
$47.6K $12.85/SF
Area
Anchorage, AK
Vacancy
5.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,160
Cap Rate 7%
$679,400
Cap Rate 9%
$528,422
Alternative Uses
Best Use
Multifamily LT 5
$776.2K
$679.2K – $905.6K
NOI $54,336 @ 7.0% cap · market cap 9.88%
Second Best
Apartment 5plus
$679.4K
$594.5K – $792.6K
NOI $47,558 @ 7.0% cap · market cap 8.65%
Theoretical Best
Specialty Retail
$1.00M
$879.1K – $1.17M
NOI $70,330 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 99517, AK
16,307
Population
7,718
Households
2.1
Avg Household Size
39
Median Age
40%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
5,096
Density / Sq Mi
$99,307
Median Household Income
$57,466
Median Earnings
$1,364
Median Rent
$365,300
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 residential units provide flexible layouts, generous living areas, and outdoor space on a sizable Anchorage lot.
Where is this duplex located?
The property is located at 2616 McRae Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex with six bedrooms, three bathrooms, and an office; Off‑street parking for up to 6 vehicles; Sizable lot with outdoor space
