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Updated Apartment Building
For Sale
$1,290,000
Pending

3911 E 7th Ave, Anchorage, AK 99508

Multifamily property with upgraded units, building systems, private laundry, parking, and a maintained tenant lawn.

Property Size12,934 SF
Days on Market141

Property Features for 3911 E 7th Ave

General Information

Standard status Pending
Size 12,934 SF
Property subtype Residential Income

Additional Details

Public Transit Yes
Multifamily Units 17

Taxes and HOA fees

Annual Taxes $19,742

Amenities

common area lawn
private laundry room
Listing Agency: Hedge Properties, LLC
Listed By: Racheal M Jones
Source: Exprealty
Added: Mar 25 Changed: Aug 10 Last Checked: Aug 11 at 10:44AM

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 Hedge Properties, LLC

Investment Insights

Based on property information with market context.

This apartment building contains 17 units, including 11 that have been updated. Building improvements include three high-efficiency on-demand HVAC units, a newer indirect hot water heater, and numerous replacement pipes in the crawlspace. A private laundry room provides an on-site amenity and an additional income source.

The property is located at 3911 E 7th Ave in Anchorage, next to a bus stop. On-site parking is available, and residents have access to a common lawn area during the summer months.

Key Highlights

  • 17‑unit apartment building with 11 updated units
  • Three high‑efficiency on‑demand HVAC units
  • Newer indirect hot water heater

Property Analytics

Current Use

Apartment buildings

Lease Details

17
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

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?
Apartment building - Multifamily property with upgraded units, building systems, private laundry, parking, and a maintained tenant lawn.
Where is this apartment building located?
The property is located at 3911 E 7th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 17‑unit apartment building with 11 updated units; Three high‑efficiency on‑demand HVAC units; Newer indirect hot water heater
More about this property
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