4027 E 8th Avenue, Anchorage, AK 99508
MULTI_FAMILY - Anchorage, AK
- Added:
- Jun 4, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 13 at 4:06 am
Property Features for 4027 E 8th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3 - Multiple Family Resi
- Bedrooms
- 12
- Bathrooms
- 4
- Rooms
- Bedroom 11, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 12, Bathroom 4, Bedroom 8, Bedroom 5, Bedroom 10, Bedroom 1
- Standard status
- Active
- APN
- 0050552400001
- Size
- 3,864 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- Vanover L16 B6
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1962
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Roof type
- Metal
Listing agent Jeduthun C Carpenter License #170537 (817) 296-4757
Listing office EXP Realty, LLC 3705 Arctic Blvd #292, Anchorage, AK (907) 519-0095
Listing date Jun 4, 2026
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4plex featuring four 3‑bedroom, 1‑bath units
- Laundry room on‑site, with potential to operate as coin‑op
- Year built 1962
- Natural gas heating with baseboard and radiant heat
- Metal roof
- Public water and public sewer
Overview
The property is located at 4027 E 8th Avenue in Anchorage, AK 99508. Public remarks indicate the building has strong convenience to the base and the UMed district, which may be a helpful consideration for tenants who prefer shorter commutes. With a compact lot size of 0.16 acres, the asset is configured as a focused multifamily holding.
For buyers seeking a residential income property, this four-unit building offers an uncomplicated structure: four distinct, similarly sized units, plus shared laundry functionality. The mix of multiple 3-bedroom/1-bath homes can appeal to households needing extra space, while the on-site laundry room supports resident day-to-day needs without requiring off-site facilities. As with any multifamily acquisition, prospective buyers can evaluate unit-by-unit conditions and the laundry room’s operating setup as part of their underwriting.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.8k | $22.20 |
| − Vacancy | −$4.7k | −$1.22 |
| EGI | $81.1k | $20.98 |
| − OpEx | −$24.3k | −$6.29 |
| NOI | $56.7k | $14.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.805359
- Latitude
- 61.21523