Maintained Triplex with
For Sale
$1,090,000
Pending
543 W 12TH Avenue, Anchorage, AK 99501
Flexible three-unit residence with private entrances, dedicated parking, and landscaped outdoor space.
Property Size3,720 SF
Days on Market50
Property Features for 543 W 12TH Avenue
General Information
Standard status
Pending
Size
3,720 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR, 1 x studio
Multifamily Units
3
Amenities
greenhouse
fireplaces
deck
Building Details
Building Size
3,720 SF
Year Built
1950
Listing Agency:
FSBO System Alaska LLC
Listed By:
Julie Marshall · License #157148
(907) 707-9713
Source:
Keiradrehergroup.kw
Added: Aug 27
Changed: Oct 11
Last Checked: Oct 14 at 7:51PM
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.
This well-maintained triplex offers a four-bedroom, two-bath main residence alongside two separate apartments. The primary home includes two fireplaces, an Air Bain soaking tub, a walk-in closet with washer and dryer, an oversized two-car garage, and a dining-area deck. The 1,094-square-foot upper apartment has two bedrooms, a kitchen, utility and laundry room, private access, and dedicated driveway parking. A 726-square-foot studio apartment adds a full kitchen, utility room with washer and dryer, and a three-quarter bathroom.
The property occupies a south- and west-facing corner lot in Anchorage’s South Addition. An enclosed yard, mature hedge, large driveway, and custom 286-square-foot greenhouse expand the usable space. The residence is near the Denali Park Strip, New Sagaya City Market, the coastal trail, lagoon ice skating, downtown shops, and restaurants. Built in 1950, the property also features custom glass and metal artwork that may be included in the sale.
The property occupies a south- and west-facing corner lot in Anchorage’s South Addition. An enclosed yard, mature hedge, large driveway, and custom 286-square-foot greenhouse expand the usable space. The residence is near the Denali Park Strip, New Sagaya City Market, the coastal trail, lagoon ice skating, downtown shops, and restaurants. Built in 1950, the property also features custom glass and metal artwork that may be included in the sale.
Key Highlights
- Three‑unit configuration with a four‑bedroom main residence and two separate apartments
- 1,094‑square‑foot upper apartment with 2 bedrooms, kitchen, utility/laundry room, and private entrance
- 726‑square‑foot studio apartment with full kitchen, utility room, washer/dryer, and ¾ bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,629
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,580
$1.1M
Cap Rate 7%
$780,414
$780.4K
Cap Rate 9%
$606,989
$607.0K
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$82.6K $22.20/SF
− Vacancy
−$4.5K −$1.22/SF
EGI
$78.0K $20.98/SF
− OpEx
−$23.4K −$6.29/SF
NOI
$54.6K $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%
$1,092,580
Cap Rate 7%
$780,414
Cap Rate 9%
$606,989
Alternative Uses
Best Use
Multifamily LT 5
$780.4K
$682.9K – $910.5K
NOI $54,629 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$683.1K
$597.7K – $796.9K
NOI $47,815 @ 7.0% cap · market cap 4.39%
Theoretical Best
Specialty Retail
$1.01M
$883.9K – $1.18M
NOI $70,710 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
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?
Triplex - Flexible three-unit residence with private entrances, dedicated parking, and landscaped outdoor space.
Where is this triplex located?
The property is located at 543 W 12TH Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Three‑unit configuration with a four‑bedroom main residence and two separate apartments; 1,094‑square‑foot upper apartment with 2 bedrooms, kitchen, utility/laundry room, and private entrance; 726‑square‑foot studio apartment with full kitchen, utility room, washer/dryer, and ¾ bathroom
