Triplex with Two-Car
341 Fireoved Dr, Anchorage, AK 99508
For Sale
$535,000
Two ranch-style residences and a studio create a varied unit mix, with one larger apartment featuring remodeled kitchen and bath.
Property Size2,148 SF
Price / SF$249.07
Days on Market31
Property Features for 341 Fireoved Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Dall Realty, Inc
Listed By:
Nell Godfrey Wall · License #12289
(907) 276-1033
Source:
Viewanchoragehouses
Added: Oct 10
Changed: Nov 8
Last Checked: Nov 1 at 2:46AM
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 Dall Realty, Inc
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Investment Insights
Based on property information with market context.
This triplex contains two ranch-style apartments, each with two bedrooms, one bathroom, and vaulted ceilings, plus a studio unit. The larger apartment has a substantial primary bedroom and a recently remodeled kitchen and bathroom. A two-car garage is associated with the studio unit. The property totals 2,148 square feet.
Updates include a roof installed in 2022, replacement windows throughout, and a boiler upgraded last winter. The property is a short walk from an elementary school and is described as close to a military base.
Updates include a roof installed in 2022, replacement windows throughout, and a boiler upgraded last winter. The property is a short walk from an elementary school and is described as close to a military base.
Key Highlights
- Three‑unit property with two 2‑bedroom, 1‑bath ranch apartments and one studio
- 2,148 square feet
- Studio unit includes a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,544
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,880
$630.9K
Cap Rate 7%
$450,629
$450.6K
Cap Rate 9%
$350,489
$350.5K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$47.7K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$45.1K $20.98/SF
− OpEx
−$13.5K −$6.29/SF
NOI
$31.5K $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%
$630,880
Cap Rate 7%
$450,629
Cap Rate 9%
$350,489
Alternative Uses
Best Use
Multifamily LT 5
$450.6K
$394.3K – $525.7K
NOI $31,544 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$394.4K
$345.1K – $460.2K
NOI $27,609 @ 7.0% cap · market cap 5.16%
Theoretical Best
Specialty Retail
$583.3K
$510.4K – $680.5K
NOI $40,829 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Demographics for 99508, AK
34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Two ranch-style residences and a studio create a varied unit mix, with one larger apartment featuring remodeled kitchen and bath.
Where is this triplex located?
The property is located at 341 Fireoved Dr Anchorage, AK.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom, 1‑bath ranch apartments and one studio; 2,148 square feet; Studio unit includes a two‑car garage
