1227 E 11th Ave, Anchorage, AK, 99501
About This Home
Income-Producing 7plex, Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric.All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years; some units older and in need of repair. Building in general needs TLC, hence the price. Relatively easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1350. Electric is separate. 1 vacancy currently. 24 hour notice to show, LA to be present. Exterior photo is from last year, needs some fascia repair and painting; paint pealing. Fred with Sourdough Roofing replaced a significant portion of the roof in 2018-2020. Recent inspection shows roof is nearing end of life. See inspection, engineer drawing & Invoice on recent foundation repair.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Block
- Roof: Bitumen/Torch Down
- Construction materials: Stucco,Block,Wood Frame - 2x4
Notable Dates
- Major remodel year: 2018
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Washer/Dryer
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Features
- Flooring: Carpet,Laminate,Linoleum,Vinyl
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 3,640
- Total interior livable area: 3,640 sqft
Property
Details
- Parcel number: 0031150400001
- Zoning: R3
- Zoning description: Multiple Family Residential
Features
- Waterfront features: Creek Access,Inlet Access,Lake Privileges,Ocean Access,Pond Access,River Access,None
- Topography of land: Level
Lot
- Lot size: 6,969 sqft
- Features: City Lot
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
- Winter Weather
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 | $3,028 | $36,336 |
| Home Insurance | $261 | $3,132 |
| Property Taxes | $584 | $7,008 |
| Electricity | $606 | $7,281 |
| Total | $4,479 | $53,748 |
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 |
|---|---|---|
| 2026-08-06 | Price change | $569,000 |
| 2026-06-26 | Listed for sale | $599,000 |
| 2026-06-16 | Pending sale | $599,000 |
| 2026-06-09 | Listed for sale | $599,000 |
| 2022-01-01 | Listing removed | -- |
| 2021-10-26 | Listed for sale | $455,000 |
| 2020-04-19 | Listing removed | $795 |
| 2020-03-25 | Listed for rent | $795 |
| 2020-02-21 | Sold | -- |
| 2019-10-17 | Pending sale | $419,900 |
| 2019-08-24 | Price change | $419,900 |
| 2019-06-03 | Price change | $435,000 |
| 2019-03-30 | Listed for sale | $445,000 |
| 2015-10-26 | Sold | -- |
| 2015-06-30 | Listing removed | $415,000 |
| 2015-06-26 | Listed for sale | $415,000 |
| 2009-07-09 | Listing removed | $369,000 |
| 2009-01-30 | Listed for sale | $369,000 |
View on Zillow