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Updated Up-Down Duplex
For Sale
$585,000
Pending

4625 Taft St, Anchorage, AK 99517

Two-level duplex with refreshed interiors, separate outdoor areas, and parking amenities for both residences.

Property Size2,112 SF
Days on Market50

Property Features for 4625 Taft St

General Information

Standard status Pending
Size 2,112 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

deck
fenced yard

Building Details

Year Built 1968
Buildings 1
Listing Agency: FSBO System Alaska LLC
Listed By: Julie Marshall · License #157148
Source: Seehomesinalaska
Added: Aug 27 Changed: Oct 11 Last Checked: Oct 14 at 11:16PM

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 FSBO System Alaska LLC

Investment Insights

Based on property information with market context.

Built in 1968, this up-and-down duplex has undergone extensive interior and mechanical updates. Improvements include new flooring, trim, doors, paint, kitchens, bathrooms, and appliances, along with a recently installed boiler system, hot water heater, and baseboard heater covers. The lower residence has an established tenant, while the upper unit is move-in ready and accessed from the rear near the carport.

Outdoor features include a raised deck above the carport, a separate driveway serving the garage, and fenced front and rear yards. The layout provides distinct parking areas and yard space for each residence, with additional room for Alaska recreational vehicles.

Key Highlights

  • Up‑and‑down duplex built in 1968
  • Extensive updates to flooring, trim, doors, paint, kitchens, bathrooms, and appliances
  • New boiler system, hot water heater, and baseboard heater covers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,015
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,300 $620.3K
Cap Rate 7%
$443,071 $443.1K
Cap Rate 9%
$344,611 $344.6K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$46.9K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$44.3K $20.98/SF
− OpEx
−$13.3K −$6.29/SF
NOI
$31.0K $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%
$620,300
Cap Rate 7%
$443,071
Cap Rate 9%
$344,611

Alternative Uses

Best Use
Multifamily LT 5
$443.1K
$387.7K – $516.9K (±1% cap)
NOI $31,015 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$387.8K
$339.3K – $452.5K (±1% cap)
NOI $27,147 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$573.5K
$501.8K – $669.1K (±1% cap)
NOI $40,145 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Demographics for 99517, AK

16,307
Population
7,718
Households
2.1
Avg Household Size
39
Median Age
40%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
5,096
Density / Sq Mi
$99,307
Median Household Income
$57,466
Median Earnings
$1,364
Median Rent
$365,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-level duplex with refreshed interiors, separate outdoor areas, and parking amenities for both residences.
Where is this duplex located?
The property is located at 4625 Taft St Anchorage, AK.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Up‑and‑down duplex built in 1968; Extensive updates to flooring, trim, doors, paint, kitchens, bathrooms, and appliances; New boiler system, hot water heater, and baseboard heater covers
More about this property
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