Side-by-Side
For Sale
$380,000
835 N Park St, Anchorage, AK 99508
Two ranch-style residences offer updated flooring, fresh paint, privacy fencing, and a large parking area.
Property Size2,080 SF
Price / SF$182.69
Days on Market66
Property Features for 835 N Park St
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Amenities
privacy fencing
Building Details
Year Built
1969
Buildings
1
Construction
ranch
Listing Agency:
Alaska Statewide Realty Co
Listed By:
Drew P Jones
(907) 300-6802
Source:
Kristancole
Added: Aug 11
Changed: Oct 6
Last Checked: Oct 7 at 3:10PM
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 Alaska Statewide Realty Co
Investment Insights
Based on property information with market context.
Built in 1969, this side-by-side duplex contains two ranch-style residences, each configured with three bedrooms. The property includes updated flooring, fresh interior paint, privacy fencing, and a large parking area. Its two-unit layout provides separate residential spaces within one building and supports a range of occupancy arrangements.
The duplex is located at 835 N Park St in Anchorage, Alaska. The physical configuration and existing improvements offer a straightforward multifamily property with defined units and established site features.
The duplex is located at 835 N Park St in Anchorage, Alaska. The physical configuration and existing improvements offer a straightforward multifamily property with defined units and established site features.
Key Highlights
- Two side‑by‑side ranch‑style units, each with 3 bedrooms
- 2,080 property size
- Updated flooring and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,545
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,900
$610.9K
Cap Rate 7%
$436,357
$436.4K
Cap Rate 9%
$339,389
$339.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$46.2K $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%
$610,900
Cap Rate 7%
$436,357
Cap Rate 9%
$339,389
Alternative Uses
Best Use
Multifamily LT 5
$436.4K
$381.8K – $509.1K
NOI $30,545 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$381.9K
$334.2K – $445.6K
NOI $26,735 @ 7.0% cap · market cap 7.04%
Theoretical Best
Specialty Retail
$564.8K
$494.2K – $659.0K
NOI $39,537 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Demographics for 99508, AK
34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
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?
Duplex - Two ranch-style residences offer updated flooring, fresh paint, privacy fencing, and a large parking area.
Where is this duplex located?
The property is located at 835 N Park St Anchorage, AK.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two side‑by‑side ranch‑style units, each with 3 bedrooms; 2,080 property size; Updated flooring and fresh interior paint
