Remodeled Chalet-Style
For Sale
$525,000
Pending
8230 Seacliff St, Anchorage, AK 99502
Two-unit residential property with a remodeled upper residence and a separate lower living space in Anchorage’s Sand Lake area.
Property Size2,077 SF
Days on Market61
Property Features for 8230 Seacliff St
General Information
Standard status
Pending
Size
2,077 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Sand Lake
Additional Details
Multifamily Units
2
Amenities
wood-burning fireplace
Building Details
Buildings
1
Construction
chalet-style
Listing Agency:
RMG Real Estate
(907) 865-8855
Listed By:
Jeremy P Tompkins · License #18246
(907) 227-6607
Source:
Exprealty
Added: Aug 26
Changed: Oct 19
Last Checked: Oct 24 at 6:48PM
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 RMG Real Estate
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Investment Insights
Based on property information with market context.
This 2,077-square-foot duplex combines two separate living spaces within a chalet-style design. The remodeled upper unit features white shiplap ceilings, cedar wall finishes, exposed beams, large picture windows, a wood-burning fireplace, and a loft-style bedroom. The lower unit adds a second residential space and its own functional layout.
The property is located in Anchorage’s Sand Lake area, with access to Kincaid Park, trails, shopping, dining, and the airport. Views toward the Chugach Mountains are visible from the upper residence. Both units are included in the offering, providing a two-unit configuration for residential occupancy or rental use.
The property is located in Anchorage’s Sand Lake area, with access to Kincaid Park, trails, shopping, dining, and the airport. Views toward the Chugach Mountains are visible from the upper residence. Both units are included in the offering, providing a two-unit configuration for residential occupancy or rental use.
Key Highlights
- 2,077‑square‑foot duplex with upper and lower living spaces
- Remodeled upper unit with shiplap ceilings, cedar walls, and exposed beams
- Upper residence includes a wood‑burning fireplace and loft‑style bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,501
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,020
$610.0K
Cap Rate 7%
$435,729
$435.7K
Cap Rate 9%
$338,900
$338.9K
Market Conditions
NOI Build-Up for 2,077 SF
Gross rent
$46.1K $22.20/SF
− Vacancy
−$2.5K −$1.22/SF
EGI
$43.6K $20.98/SF
− OpEx
−$13.1K −$6.29/SF
NOI
$30.5K $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%
$610,020
Cap Rate 7%
$435,729
Cap Rate 9%
$338,900
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.3K – $508.4K
NOI $30,501 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$381.4K
$333.7K – $445.0K
NOI $26,697 @ 7.0% cap · market cap 5.09%
Theoretical Best
Specialty Retail
$564.0K
$493.5K – $658.0K
NOI $39,480 @ 7.0% cap · market cap 7.52%
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 - Two-unit residential property with a remodeled upper residence and a separate lower living space in Anchorage’s Sand Lake area.
Where is this duplex located?
The property is located at 8230 Seacliff St Anchorage, AK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,077‑square‑foot duplex with upper and lower living spaces; Remodeled upper unit with shiplap ceilings, cedar walls, and exposed beams; Upper residence includes a wood‑burning fireplace and loft‑style bedroom
