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Duplex With Separate Entrance
For Sale
$535,000
Pending

8230 Kip Ct, Anchorage, AK 99507

Flexible residential income property with a multi-level layout, fenced yard, solar panels, and fruit trees.

Property Size2,556 SF
Days on Market167

Property Features for 8230 Kip Ct

General Information

Standard status Pending
Size 2,556 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR
Multifamily Units 2

Amenities

solar panels
beautiful fruit trees
large fenced yard

Building Details

Year Built 1980
Listing Agency: Real Estate Brokers of Alaska
Listed By: Jake Fiorelli · License #122283
Source: Viewanchoragehouses
Added: May 2 Changed: Oct 1 Last Checked: Oct 14 at 11:21PM

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.

This 2,556-square-foot duplex, built in 1980, offers a multi-level configuration with distinct living areas. The upper level includes two bedrooms and one bathroom, while the lower level provides two bedrooms, a bathroom, and a living area. A separate-entry two-bedroom mother-in-law rental unit adds additional residential income functionality.

The property is located at 8230 Kip Ct in Anchorage, Alaska, within a south Anchorage cul-de-sac setting. Exterior features include solar panels, fruit trees, and a large fenced yard.

Key Highlights

  • 2,556 SF duplex built in 1980
  • Upper level has 2 bedrooms and 1 bathroom
  • Lower level includes 2 bedrooms, a bathroom, and living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,536
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,720 $750.7K
Cap Rate 7%
$536,229 $536.2K
Cap Rate 9%
$417,067 $417.1K
Market Conditions
NOI Build-Up for 2,556 SF
Gross rent
$56.7K $22.20/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$53.6K $20.98/SF
− OpEx
−$16.1K −$6.29/SF
NOI
$37.5K $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%
$750,720
Cap Rate 7%
$536,229
Cap Rate 9%
$417,067

Alternative Uses

Best Use
Multifamily LT 5
$536.2K
$469.2K – $625.6K (±1% cap)
NOI $37,536 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$469.3K
$410.7K – $547.6K (±1% cap)
NOI $32,854 @ 7.0% cap · market cap 6.14%
Theoretical Best
Specialty Retail
$694.1K
$607.3K – $809.7K (±1% cap)
NOI $48,584 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Flexible residential income property with a multi-level layout, fenced yard, solar panels, and fruit trees.
Where is this duplex located?
The property is located at 8230 Kip Ct Anchorage, AK.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2,556 SF duplex built in 1980; Upper level has 2 bedrooms and 1 bathroom; Lower level includes 2 bedrooms, a bathroom, and living area
More about this property
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