Six-Unit Apartment
For Sale
$649,000
3925 E 9th Ave, Anchorage, AK 99508
R3-zoned apartment property with updated interiors, modern building systems, and coin-operated laundry.
Property Size7,360 SF
Price / SF$88.18
Days on Market40
Property Features for 3925 E 9th Ave
General Information
Standard status
Active
Size
7,360 SF
Property subtype
Multi-Family
Units
Unit Mix
5 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
6
Additional Details
Cap Rate
9%
Highway Access
Yes
Amenities
coin-op laundry
Building Details
Year Built
1964
Listing Agency:
Real Broker Alaska
Listed By:
Kevin B Cross · License #RECS17358
Source:
Bktanchorage
Added: Aug 2
Changed: Sep 8
Last Checked: Sep 9 at 10:06PM
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 Real Broker Alaska
Investment Insights
Based on property information with market context.
Built in 1964, this 7,360-square-foot apartment building contains six units: five with 3 bedrooms and 1.5 baths, plus one with 2 bedrooms and 1 bath. The property is professionally managed and includes security features, coin-operated laundry, commercial-grade LVT flooring, LED lighting, updated interior paint, and a newer boiler and sidearm. One unit is undergoing remodeling. The property carries R3 - Multiple Family Residential zoning and reports a 9% cap rate.
Located at 3925 East 9th Avenue in Anchorage, the property is near the Glenn Highway and JBER. Its unit mix, renovated components, and dedicated laundry facility provide a clearly defined multifamily configuration.
Located at 3925 East 9th Avenue in Anchorage, the property is near the Glenn Highway and JBER. Its unit mix, renovated components, and dedicated laundry facility provide a clearly defined multifamily configuration.
Key Highlights
- Six‑unit apartment building totaling 7,360 SF
- Unit mix includes five 3‑bedroom, 1.5‑bath units and one 2‑bedroom, 1‑bath unit
- 9% cap rate reported
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Apartment building - R3-zoned apartment property with updated interiors, modern building systems, and coin-operated laundry.
Where is this apartment building located?
The property is located at 3925 E 9th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Six‑unit apartment building totaling 7,360 SF; Unit mix includes five 3‑bedroom, 1.5‑bath units and one 2‑bedroom, 1‑bath unit; 9% cap rate reported
