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Five-Unit Multifamily Property
For Sale
$925,000

460 3rd Ave, Bethel, AK 99559

Three buildings provide a mix of one-, two-, and three-bedroom rental layouts.

Property Size4,450 SF
Price / SF$207.87
Days on Market52

Property Features for 460 3rd Ave

General Information

Standard status Active
Size 4,450 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 2 x 1BR/1BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Additional Details

Utilities to Site Yes

Amenities

shared arctic entry
laundry room
large enclosed sun room
wood shed
storage shed
utility bldg

Building Details

Year Built 1988
Buildings 3
Listing Agency: RE/MAX Dynamic Properties
Listed By: Bonnie J Bradbury · License #18771
Source: Kachemakgrouprealestate
Added: Aug 25 Changed: Oct 12 Last Checked: Oct 15 at 1:00AM

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 RE/MAX Dynamic Properties

Investment Insights

Based on property information with market context.

This 1988 multifamily property includes three buildings containing five rental units. Building 460 is a triplex with one three-bedroom, one-bath unit and two one-bedroom, one-bath units that share an arctic entry and laundry room. The same building also includes a large enclosed sunroom. Separate buildings at 450 and 390 3rd Ave provide one-bedroom and two-bedroom, one-bath layouts, respectively, with individual water and sewer service.

The property at 460 3rd Ave is situated in downtown Bethel and includes a large lot with substantial parking. Additional improvements include two garages, a wood shed, a storage shed, and a utility building, supporting a varied residential income configuration across the site.

Key Highlights

  • Three buildings with a total of 5 rental units
  • Triplex includes one 3‑bedroom unit and two 1‑bedroom units
  • Separate 450 and 390 buildings provide 1‑bedroom and 2‑bedroom layouts

Property Analytics

Current Use

Multifamily properties

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Demographics for 99559, AK

7,985
Population
2,754
Households
2.9
Avg Household Size
29
Median Age
18%
College-Educated
87%
High-School Grad
56.5 sq mi
ZIP Area
141
Density / Sq Mi
$103,676
Median Household Income
$46,923
Median Earnings
$1,637
Median Rent
$328,300
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?
Multifamily property - Three buildings provide a mix of one-, two-, and three-bedroom rental layouts.
Where is this multifamily property located?
The property is located at 460 3rd Ave Bethel, AK.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three buildings with a total of 5 rental units; Triplex includes one 3‑bedroom unit and two 1‑bedroom units; Separate 450 and 390 buildings provide 1‑bedroom and 2‑bedroom layouts
More about this property
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