2616 McRae Rd, Anchorage, AK, 99517
About This Home
This is a spacious multi-family duplex situated on a large lot in a convenient and well-established Anchorage neighborhood. This property is an excellent opportunity for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. Each unit features a functional layout with generous living spaces, ample natural light, and comfortable bedrooms. The flexible floor plans provide a great foundation for customization or value-add improvements, making this property ideal for those looking to build equity or maximize rental potential. Set on a sizable lot, the property offers plenty of outdoor space for tenants or owners to enjoy during the summer months. A major highlight is the abundant off-street parking, with space for up to 6 vehicles--an increasingly valuable feature for both residents and renters in Anchorage. Conveniently located in the 99517 area, this duplex provides easy access to schools, parks, shopping, dining, and Ted Stevens Anchorage International Airport. Commuters will appreciate the central location and quick connections to major roads, while outdoor enthusiasts can take advantage of nearby trails and recreational opportunities. Don't miss your chance to secure a multi-family property in Anchorage with room to grow and perform.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Foundation: Block
- Roof: Asphalt,Composition,Shingle
- Construction materials: Wood Siding,Frame
Notable Dates
- Major remodel year: 2001
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Laundry features: Washer/Dryer HkUp
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
Features
- Storage
- Flooring: Carpet,Laminate,Other
Heating
- Heating features: Baseboard,Natural Gas,Wood
Interior Area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Details
- Parcel number: 0101341700001
- Zoning: R2M
- Zoning description: Multi Family Residential
Features
- Waterfront features: No Access,None
- Topography of land: Level
Lot
- Lot size: 0.26 Acres
- Features: Covenants,City Lot
Parking
- Total spaces: 3
- Parking features: Paved,Tandem,Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 3
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 2
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 | $2,780 | $33,360 |
| Home Insurance | $195 | $2,340 |
| Property Taxes | $731 | $8,772 |
| Electricity | $616 | $7,401 |
| Total | $4,322 | $51,864 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $574,900 |
| 2011-01-14 | Sold | -- |
| 1998-07-08 | Sold | -- |
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