




809 O Pl, Anchorage, AK, 99501
About This Home
Own the entire building in one of Anchorage's most sought-after neighborhoods. This rare Bootleggers Cove opportunity includes all four 2-bedroom, 1-bath condo units, currently operating as turnkey Airbnb rentals with immediate income. Whether you're expanding your portfolio or completing a 1031 exchange, opportunities like this rarely come to market.Opportunities like this rarely come available in Anchorage's highly sought-after Bootleggers Cove neighborhood. Offered as one package, this "four-plex" consists of all four (4) condominium units, giving the next owner complete control of the entire building. Located at 809, 811, 813, and 815 O Place, each unit offers 2 bedrooms, 1 bathroom, for a combined 3,550 square feet of living space and each unit has its own carport. The property is currently operating as a successful short-term rental portfolio with all four units actively serving vacation rentals/STR guests, creating an immediate income-producing opportunity for investors looking to expand their portfolio or enter Anchorage's thriving vacation rental market. Continue operating as a turnkey STR investment, explore long-term rental potential, or occupy one unit while generating income from the others. Bootleggers Cove continues to be one of Anchorage's premier locations, just minutes from Downtown, the Coastal Trail, Park Strip, restaurants, shopping, and some of the city's most recognizable attractions. The combination of location, flexibility, and existing income potential makes this a unique investment that is difficult to replicate. Whether you're looking for a stabilized investment, a portfolio addition, or a long-term appreciation play in one of Anchorage's strongest neighborhoods, this is an opportunity worth a serious look.
Getting Around
Schools
Construction
Condition
- Year built: 1973
Materials
- Foundation: Block
- Construction materials: Wood Frame - 2x4
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 3,550
- Total interior livable area: 3,550 sqft
Property
Details
- Parcel number: 0010511000301
- Zoning: R3
- Zoning description: Multiple Family Residential
Features
- Waterfront features: No Access,None
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: 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
- 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 | $6,320 | $75,840 |
| Home Insurance | $545 | $6,540 |
| Property Taxes | $1,218 | $14,616 |
| Electricity | $591 | $7,101 |
| Total | $8,674 | $104,088 |
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 |
|---|---|---|
| 2026-08-17 | Price change | $1,150,000 |
| 2026-08-06 | Listed for sale | $1,250,000 |
