Updated Duplex with Fenced
For Sale
$564,900
8931 Woodstock Cir, Anchorage, AK 99502
Two matching residences combine updated interiors with flexible owner-occupancy and rental arrangements.
Property Size2,720 SF
Price / SF$207.68
Days on Market58
Property Features for 8931 Woodstock Cir
General Information
Standard status
Active
Size
2,720 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1981
Listing Agency:
Keller Williams Realty Alaska Group of Wasilla
Listed By:
Ariel Boehringer · License #190506
(559) 260-8841
Source:
Sellingalaskaco
Added: Aug 12
Changed: Sep 16
Last Checked: Oct 7 at 1:54PM
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 Keller Williams Realty Alaska Group of Wasilla
Investment Insights
Based on property information with market context.
This Anchorage duplex includes two matching residences, each with three bedrooms, two bathrooms, updated finishes, and a private fully fenced yard. The consistent layouts and interior treatments create a uniform ownership profile across both units.
One residence is currently vacant, providing an owner-occupancy option, while the other is leased through 10/31/2026. Located at 8931 Woodstock Cir in Anchorage, the property combines an existing lease with an available unit in the same duplex.
One residence is currently vacant, providing an owner-occupancy option, while the other is leased through 10/31/2026. Located at 8931 Woodstock Cir in Anchorage, the property combines an existing lease with an available unit in the same duplex.
Key Highlights
- Two‑unit duplex with matching three‑bedroom, two‑bathroom residences
- Updated interiors with matching finishes throughout
- One unit is vacant and available for owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,944
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,880
$798.9K
Cap Rate 7%
$570,629
$570.6K
Cap Rate 9%
$443,822
$443.8K
Market Conditions
NOI Build-Up for 2,720 SF
Gross rent
$60.4K $22.20/SF
− Vacancy
−$3.3K −$1.22/SF
EGI
$57.1K $20.98/SF
− OpEx
−$17.1K −$6.29/SF
NOI
$39.9K $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%
$798,880
Cap Rate 7%
$570,629
Cap Rate 9%
$443,822
Alternative Uses
Best Use
Multifamily LT 5
$570.6K
$499.3K – $665.7K
NOI $39,944 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$499.5K
$437.0K – $582.7K
NOI $34,962 @ 7.0% cap · market cap 6.19%
Theoretical Best
Specialty Retail
$738.6K
$646.3K – $861.7K
NOI $51,702 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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 matching residences combine updated interiors with flexible owner-occupancy and rental arrangements.
Where is this duplex located?
The property is located at 8931 Woodstock Cir Anchorage, AK.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: Two‑unit duplex with matching three‑bedroom, two‑bathroom residences; Updated interiors with matching finishes throughout; One unit is vacant and available for owner occupancy
