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4027 E 8th Ave, Anchorage, AK, 99508

12beds
4baths
3,864sqft
$639,900
$166price/sqft
$4,712/moest. monthly cost
$188,480/yrincome needed

About This Home

Incredible cash flow property!!! This newly renovated 4plex has strong rents, and is perfect for the newer investor, or someone looking to add to their portfolio.Four spacious 3bed/1bath units, a laundry room that could be coin op if the new owner wants, great proximity to base and Umed district are just a few of the pros this property have to have offer.

Getting Around

61
WalkingSomewhat Walkable
39
TransitSome Transit
54
BikeBikeable

Schools

4/10
2/10
Clark Middle SchoolGrades 6-80.6 mi

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Metal
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Vinyl

Heating

  • Heating features: Baseboard,Natural Gas,Radiant

Interior Area

  • Total structure area: 3,864
  • Total interior livable area: 3,864 sqft

Property

Details

  • Parcel number: 0050552400001
  • Zoning: R3
  • Zoning description: Multiple Family Residential

Features

  • Waterfront features: No Access,None

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: No Carport,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters in Anchorage Municipality and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,235$38,820
Home Insurance $210$2,520
Property Taxes $623$7,476
Electricity $644$7,729
Total$4,712$56,544

Income You'd Need if You Spent...

35% on housing$161,554/yr
40% on housing$141,360/yr
45% on housing$125,653/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 99508$144
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99508$226
Anchorage Municipality$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$639,900
2026-07-09Price change$639,900
2026-06-28Pending sale$645,000
2026-06-05Listed for sale$645,000
2024-12-18Sold--
2024-10-23Pending sale$485,000
2024-08-26Listed for sale$485,000
2011-08-11Sold--

For Sale by Agent

AgentJeduthun C Carpenter
BrokerageEXP Realty, LLC

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