Quadplex with Owner's
For Sale
$798,500
7340 Bearfoot Cir, Anchorage, AK 99502
Multiple floor plans include private entrances, washer and dryers, and fireplaces.
Property Size4,357 SF
Price / SF$183.27
Days on Market54
Property Features for 7340 Bearfoot Cir
General Information
Standard status
Active
Size
4,357 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR, 1 x 1BR, 1 x 3BR
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Amenities
private entrances
washer & dryers
fireplaces
Building Details
Year Built
1983
Buildings
1
Listing Agency:
Real Estate Brokers of Alaska
Listed By:
Roy Briley · License #15309
(907) 529-2020
Source:
Sellingalaskaco
Added: Aug 23
Changed: Sep 14
Last Checked: Oct 13 at 1:47AM
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 Real Estate Brokers of Alaska
Investment Insights
Based on property information with market context.
Built in 1983, this 4,357-square-foot quadplex contains four units with a varied residential layout: two two-bedroom units, one one-bedroom ranch unit, and a three-bedroom owner's residence. Improvements include a one-car garage, private entrances, washer and dryer equipment, and fireplaces. Electric service is separately metered for the units, and the property is professionally managed.
The property is located at 7340 Bearfoot Cir in Anchorage, near the Anchorage airport, Kincaid Park, and the coastal trail. The four-unit configuration combines multiple bedroom layouts with an owner's residence and distinct entrances for each unit.
The property is located at 7340 Bearfoot Cir in Anchorage, near the Anchorage airport, Kincaid Park, and the coastal trail. The four-unit configuration combines multiple bedroom layouts with an owner's residence and distinct entrances for each unit.
Key Highlights
- 4,357 SF quadplex built in 1983
- Two 2‑bedroom units, one 1‑bedroom ranch unit, and one 3‑bedroom owner's unit
- One‑car garage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,984
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,680
$1.3M
Cap Rate 7%
$914,057
$914.1K
Cap Rate 9%
$710,933
$710.9K
Market Conditions
NOI Build-Up for 4,357 SF
Gross rent
$96.7K $22.20/SF
− Vacancy
−$5.3K −$1.22/SF
EGI
$91.4K $20.98/SF
− OpEx
−$27.4K −$6.29/SF
NOI
$64.0K $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%
$1,279,680
Cap Rate 7%
$914,057
Cap Rate 9%
$710,933
Alternative Uses
Best Use
Multifamily LT 5
$914.1K
$799.8K – $1.07M
NOI $63,984 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$800.0K
$700.0K – $933.4K
NOI $56,003 @ 7.0% cap · market cap 7.01%
Theoretical Best
Specialty Retail
$1.18M
$1.04M – $1.38M
NOI $82,818 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 99502, AK
24,183
Population
9,931
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
96%
High-School Grad
17.6 sq mi
ZIP Area
1,374
Density / Sq Mi
$118,494
Median Household Income
$56,190
Median Earnings
$1,661
Median Rent
$408,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Multiple floor plans include private entrances, washer and dryers, and fireplaces.
Where is this quadplex located?
The property is located at 7340 Bearfoot Cir Anchorage, AK.
What is the asking price?
The asking price for this property is $798,500.
What are key features of this property?
This property features: 4,357 SF quadplex built in 1983; Two 2‑bedroom units, one 1‑bedroom ranch unit, and one 3‑bedroom owner's unit; One‑car garage included
