3124 Richmond Ave, Anchorage, AK, 99508
About This Home
Great Investment opportunity!Rents are $24,196.00 per month on 19 units.Several of the units are currently leasing between $1.300.00 to $1,563.00 per month.Potential rent for property could be $30,000 per month.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Concrete Perimeter
- Roof: Bitumen/Torch Down
- Construction materials: Wood Siding,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 40
- Bathrooms: 20
- Full bathrooms: 20
Features
- Flooring: Carpet,Laminate
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 15,900
- Total interior livable area: 15,900 sqft
Property
Details
- Parcel number: 0040331400001
- Zoning: R4
- Zoning description: Multiple Family Residential
Features
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: No Access,None
Lot
- Lot size: 0.46 Acres
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
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Anchorage Municipality and Alaska
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,099 | $133,188 |
| Home Insurance | $723 | $8,676 |
| Property Taxes | $2,140 | $25,680 |
| Electricity | $2,650 | $31,805 |
| Total | $16,612 | $199,344 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $2,295,000 |
| 2025-11-07 | Listing removed | $2,295,000 |
| 2025-08-07 | Listed for sale | $2,295,000 |
| 2013-08-02 | Listing removed | $1,100 |
| 2013-06-06 | Listed for rent | $1,100 |
| 2011-11-18 | Listing removed | $1,295,000 |
| 2011-02-05 | Listed for sale | $1,295,000 |
| 2010-12-30 | Listing removed | $1,265,000 |
| 2010-06-15 | Price change | $1,265,000 |
| 2010-03-29 | Price change | $1,275,000 |
| 2010-01-31 | Listed for sale | $1,295,000 |
| 2009-12-26 | Listing removed | $1,295,000 |
| 2009-09-11 | Listed for sale | $1,295,000 |
| 2006-09-06 | Sold | -- |
For Sale by Agent
View on Zillow