Fourplex with Three-Bedroom
For Sale
$844,900
Pending
510 San Juan Circle, Anchorage, AK 99504
MULTI_FAMILY - Anchorage, AK
Property Size4,500 SF
Lot Size0.22 Acres
Days on Market50
Property Features for 510 San Juan Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3 - Multiple Family Resi
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 6, Bathroom 3, Bedroom 9, Bedroom 3, Bedroom 4, Bathroom 7, Bathroom 8, Bedroom 11, Bedroom 7, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 10, Bathroom 6, Bedroom 12
Elementary school
Ptarmigan
Middle school
Clark
High school
Bartlett
Directions
Boniface heading towards base; Right on 6th; Left on San Juan, back of cul-de-sac on the lef
Subdivision
1A - Anchorage Municipality
Standard status
Pending
APN
0063917200001
Size
4,500 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
Mountain Dale L7 B5
Legal Description
Mountain Dale L7 B5
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1986
Number of units
4
Roof type
Shingle
Listing Agency:
EXP Realty, LLC
(907) 519-0095
Listed By:
Jeduthun C Carpenter · License #170537
(817) 296-4757
Added: Jun 11
Changed: Jul 22
Last Checked: Jul 30 at 8:06PM
MLS# 26-6932
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.
Investment Insights
Based on property information with market context.
This property is a fourplex configured as four separate residential units, each with three bedrooms and two bathrooms. The total building size is listed at 4,500 square feet, situated on a 0.22-acre lot.
The property is located at 510 San Juan Circle in Anchorage, Alaska 99504. Zoning is R3 - Multiple Family Resi, which supports multifamily residential use.
For owner-operators and investors, the unit mix is straightforward: four 3-bedroom, 2-bath layouts intended for tenant living. With multiple units under one roof, the property can be used to diversify rental streams within a single ownership structure while maintaining a consistent floorplan type across the building. If you’re building a rental portfolio or looking for a multifamily acquisition to manage directly, this fourplex offers a clean, repeatable residential configuration in an R3 multifamily zoning setting.
The property is located at 510 San Juan Circle in Anchorage, Alaska 99504. Zoning is R3 - Multiple Family Resi, which supports multifamily residential use.
For owner-operators and investors, the unit mix is straightforward: four 3-bedroom, 2-bath layouts intended for tenant living. With multiple units under one roof, the property can be used to diversify rental streams within a single ownership structure while maintaining a consistent floorplan type across the building. If you’re building a rental portfolio or looking for a multifamily acquisition to manage directly, this fourplex offers a clean, repeatable residential configuration in an R3 multifamily zoning setting.
Key Highlights
- Four‑plex building with four 3‑bedroom, 2‑bath units
- Built in 1986
- Natural gas heat with baseboard heating
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 | $99.9k | $22.20 |
| − Vacancy | −$5.5k | −$1.22 |
| EGI | $94.4k | $20.98 |
| − OpEx | −$28.3k | −$6.29 |
| NOI | $66.1k | $14.69 |
4,500 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$944.1K
$826.1K – $1.10M
NOI $66,084 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$826.3K
$723.0K – $964.0K
NOI $57,841 @ 7.0% cap · market cap 6.85%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,536 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Demographics for 99504, AK
42,375
Population
17,720
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
91%
High-School Grad
36.8 sq mi
ZIP Area
1,151
Density / Sq Mi
$83,338
Median Household Income
$46,883
Median Earnings
$1,529
Median Rent
$309,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - For sale fourplex in Anchorage zoned R3 multiple family residential, offering four 3-bedroom, 2-bath units.
Where is this quadplex located?
The property is located at 510 San Juan Circle Anchorage, AK.
What is the asking price?
The asking price for this property is $844,900.
What are key features of this property?
This property features: Four‑plex building with four 3‑bedroom, 2‑bath units; Built in 1986; Natural gas heat with baseboard heating
