Search
Remodeled Six-Unit Apartment Building
For Sale
$1,599,000

609 S Cobb Street, Palmer, AK 99645

Updated, fully occupied apartments feature in-unit laundry and a downtown Palmer setting near shops, restaurants, and parks.

Property SizeContact for details
Days on Market43

Property Features for 609 S Cobb Street

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

in-unit washer and dryer
Electric

Building Details

Year Built 1976
Buildings 1
Listing Agency: Keller Williams Realty Alaska Group of Wasilla
Listed By: Dustin Renner · License #16580
Source: Kw
Added: Jun 30 Changed: Aug 11 Last Checked: Aug 11 at 12:54PM

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 Keller Williams Realty Alaska Group of Wasilla

Investment Insights

Based on property information with market context.

This six-unit apartment building at 609 S Cobb Street in Palmer, Alaska, was built in 1976 and has been fully remodeled. Each apartment offers 2 bedrooms and 1 bathroom, with updated interiors and an in-unit washer and dryer. All units are currently occupied, supporting the property’s existing income-producing use.

The building is located in downtown Palmer, within walking distance of shops, restaurants, parks, and other local amenities. Schools and major employers are also identified nearby. The property combines six residential units with remodeled finishes and established occupancy in a central Palmer location.

Key Highlights

  • Six‑unit apartment building with all units currently occupied
  • Each unit includes 2 bedrooms and 1 bathroom
  • Fully remodeled interiors with modern finishes

Property Analytics

Current Use

1031 exchange properties

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Demographics for 99645, AK

28,818
Population
12,021
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
586.2 sq mi
ZIP Area
49
Density / Sq Mi
$97,069
Median Household Income
$51,710
Median Earnings
$1,309
Median Rent
$338,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Updated, fully occupied apartments feature in-unit laundry and a downtown Palmer setting near shops, restaurants, and parks.
Where is this apartment building located?
The property is located at 609 S Cobb Street Palmer, AK.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Six‑unit apartment building with all units currently occupied; Each unit includes 2 bedrooms and 1 bathroom; Fully remodeled interiors with modern finishes
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message