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3-Unit Triplex with Fireplaces

833 W W 23rd Avenue, Anchorage, AK 99503

For Sale
$695,000

Three-bedroom apartments feature in-unit washer and dryer hookups, with updates to the roof and plumbing.

Property Size7,630 SF
Days on Market26

Property Features for 833 W W 23rd Avenue

General Information

Standard status Active
Size 7,630 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence garage, decks & interiors need cosmetic/repair work

Financials

Gross Income $68,400
Average Monthly Rent $1,900

Site & Location

Neighborhood North Star

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

garage
deck
in-unit W/D hookups
wood burning fire place

Building Details

Building Size 7,630 SF
Year Built 1962
Listing Agency: Real Broker Alaska
Listed By: Sean Sullivan
Source: Keiradrehergroup.kw
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 2:32AM

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 Broker Alaska

Rey
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Investment Insights

Based on property information with market context.

This 1962 triplex contains three 3-bedroom, 1-bath units, each with a wood-burning fireplace and washer and dryer hookups. The units are livable, while the garage, decks, and interiors require cosmetic or repair work. The roof was replaced in 2023, and the plumbing was updated within the past six years; the foundation is described as stable.

The property is at 833 W W 23rd Avenue in Anchorage, near Spenard and Minnesota Drive. All three units are rented at $1,900 per month each, for $5,700 in monthly gross rent. Showings are available after an offer is accepted; tenants should not be disturbed.

Key Highlights

  • Three 3‑bedroom, 1‑bath units
  • Wood‑burning fireplace in each apartment
  • Roof replaced in 2023; plumbing updated within the past six years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Demographics for 99503, AK

13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-bedroom apartments feature in-unit washer and dryer hookups, with updates to the roof and plumbing.
Where is this triplex located?
The property is located at 833 W W 23rd Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three 3‑bedroom, 1‑bath units; Wood‑burning fireplace in each apartment; Roof replaced in 2023; plumbing updated within the past six years
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