Two-Unit Duplex with Fenced
6700 Zurich St, Anchorage, AK 99507
For Sale
$432,000
Each residence includes two bedrooms, one-and-a-half baths, and in-unit laundry.
Property Size2,172 SF
Price / SF$198.90
Days on Market97
Property Features for 6700 Zurich St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
fenced yard
patio
in-unit washer and dryer
Building Details
Year Built
Listing Agency:
Herrington and Company, LLC
Listed By:
Corey Tolbert, Janis Tolbert
(907) 952-5299
Source:
Kristancole
Added: Aug 6
Changed: Oct 25
Last Checked: Oct 7 at 4:18PM
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 Herrington and Company, LLC
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences within a 2,172-square-foot property. Each unit provides two bedrooms and one-and-a-half bathrooms, with layouts designed around practical everyday living. Both residences include their own washer and dryer, adding convenience for occupants.
Exterior features include a fenced yard and patio area shared by the property. The duplex is located at 6700 Zurich St in Anchorage, Alaska, providing a defined residential income asset with two individually configured units.
Exterior features include a fenced yard and patio area shared by the property. The duplex is located at 6700 Zurich St in Anchorage, Alaska, providing a defined residential income asset with two individually configured units.
Key Highlights
- Two‑unit duplex with 2,172 SF of total property size
- Each unit includes 2 bedrooms and 1.5 bathrooms
- In‑unit washer and dryer provided in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,896
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,920
$637.9K
Cap Rate 7%
$455,657
$455.7K
Cap Rate 9%
$354,400
$354.4K
Market Conditions
NOI Build-Up for 2,172 SF
Gross rent
$48.2K $22.20/SF
− Vacancy
−$2.7K −$1.22/SF
EGI
$45.6K $20.98/SF
− OpEx
−$13.7K −$6.29/SF
NOI
$31.9K $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%
$637,920
Cap Rate 7%
$455,657
Cap Rate 9%
$354,400
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.6K
NOI $31,896 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$398.8K
$349.0K – $465.3K
NOI $27,918 @ 7.0% cap · market cap 6.46%
Theoretical Best
Specialty Retail
$589.8K
$516.1K – $688.1K
NOI $41,285 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 99507, AK
38,199
Population
14,552
Households
2.6
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
808
Density / Sq Mi
$107,347
Median Household Income
$55,197
Median Earnings
$1,546
Median Rent
$371,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, one-and-a-half baths, and in-unit laundry.
Where is this duplex located?
The property is located at 6700 Zurich St Anchorage, AK.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,172 SF of total property size; Each unit includes 2 bedrooms and 1.5 bathrooms; In‑unit washer and dryer provided in both residences
