Updated Duplex with Separate
8630 Ange St, Anchorage, AK 99515
For Sale
$455,000
Pending
Two-bedroom residences combine refreshed interiors with independent laundry facilities in each unit.
Property Size1,970 SF
Days on Market14
Property Features for 8630 Ange St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
separate laundry facilities
Listing Agency:
Herrington and Company, LLC
(907) 263-9333
Listed By:
Robert J Bassett
(907) 903-5452
Source:
Exprealty
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 6:51AM
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 Herrington and Company, LLC
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Investment Insights
Based on property information with market context.
This 1,970-square-foot duplex in South Anchorage contains two units, each with two bedrooms and one bathroom. Kitchen and bathroom remodels, laminate flooring, and separate laundry facilities in both residences are among the property’s updates. The configuration includes living space in each unit.
The property is located in South Anchorage, with shopping, restaurants, entertainment, and major roadways described as accessible from the area.
The property is located in South Anchorage, with shopping, restaurants, entertainment, and major roadways described as accessible from the area.
Key Highlights
- 1,970‑square‑foot duplex in South Anchorage
- Two units, each with 2 bedrooms and 1 bathroom
- Separate laundry facilities for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,930
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,600
$578.6K
Cap Rate 7%
$413,286
$413.3K
Cap Rate 9%
$321,444
$321.4K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$43.7K $22.20/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$41.3K $20.98/SF
− OpEx
−$12.4K −$6.29/SF
NOI
$28.9K $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%
$578,600
Cap Rate 7%
$413,286
Cap Rate 9%
$321,444
Alternative Uses
Best Use
Multifamily LT 5
$413.3K
$361.6K – $482.2K
NOI $28,930 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$361.7K
$316.5K – $422.0K
NOI $25,321 @ 7.0% cap · market cap 5.57%
Theoretical Best
Specialty Retail
$534.9K
$468.1K – $624.1K
NOI $37,446 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 99515, AK
22,532
Population
8,137
Households
2.8
Avg Household Size
37
Median Age
41%
College-Educated
95%
High-School Grad
10.6 sq mi
ZIP Area
2,126
Density / Sq Mi
$112,445
Median Household Income
$55,657
Median Earnings
$1,716
Median Rent
$400,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences combine refreshed interiors with independent laundry facilities in each unit.
Where is this duplex located?
The property is located at 8630 Ange St Anchorage, AK.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 1,970‑square‑foot duplex in South Anchorage; Two units, each with 2 bedrooms and 1 bathroom; Separate laundry facilities for both units
