Greenbelt-Backing
New
For Sale
$750,000
8080 Kronos Drive, Anchorage, AK 99502
Multi-Family, Anchorage, AK
Property Size3,336 SF
Lot Size0.29 Acres
Price / SF$224.82
Days on Market1
Property Features for 8080 Kronos Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2A - Two Family Resident
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Dining Room, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bedroom 5
Parking features
Tuck Under
Subdivision
Hathor
Elementary school
Chinook
Middle school
Mears
High school
Dimond
Directions
8080 Kronos on any map aplication.
Standard status
Active
APN
01226315000
Size
3,336 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
HATHOR BLK 2 LT 31
Legal Description
HATHOR BLK 2 LT 31
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1998
Number of units
2
Building materials
Wood Frame - 2x6
Roof type
Asphalt, Shingle
Listing Agency:
Berkshire Hathaway HomeServices Alaska Realty
(907) 646-3600
Listed By:
Questa Locke · License #15590
(907) 350-2322
Added: Nov 6
Last Checked: Nov 6 at 2:06PM
MLS# 26-13873
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.
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Investment Insights
Based on property information with market context.
This 3,336-square-foot duplex was built in 1998 on a 0.29-acre parcel. Wood-frame construction, forced-air heating, and an asphalt-shingle roof serve the two-family property, which has tuck-under parking and public water and sewer. The zoning designation is R2A - Two Family Resident.
The rear of the parcel borders a greenbelt. Sand Lake, schools, shopping, and outdoor recreation are within walking distance or nearby, providing a range of local destinations around the property.
The rear of the parcel borders a greenbelt. Sand Lake, schools, shopping, and outdoor recreation are within walking distance or nearby, providing a range of local destinations around the property.
Key Highlights
- 3,336‑square‑foot duplex on a 0.29‑acre parcel
- Built in 1998 with wood‑frame construction
- R2A - Two Family Resident zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,990
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,800
$979.8K
Cap Rate 7%
$699,857
$699.9K
Cap Rate 9%
$544,333
$544.3K
Market Conditions
NOI Build-Up for 3,336 SF
Gross rent
$74.1K $22.20/SF
− Vacancy
−$4.1K −$1.22/SF
EGI
$70.0K $20.98/SF
− OpEx
−$21.0K −$6.29/SF
NOI
$49.0K $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%
$979,800
Cap Rate 7%
$699,857
Cap Rate 9%
$544,333
Alternative Uses
Best Use
Multifamily LT 5
$699.9K
$612.4K – $816.5K
NOI $48,990 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$612.6K
$536.0K – $714.7K
NOI $42,879 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$905.9K
$792.6K – $1.06M
NOI $63,411 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - R2A zoning and tucked-under parking complement a two-family residence served by public water and sewer.
Where is this duplex located?
The property is located at 8080 Kronos Drive Anchorage, AK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,336‑square‑foot duplex on a 0.29‑acre parcel; Built in 1998 with wood‑frame construction; R2A - Two Family Resident zoning
