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8921 Toloff St, Anchorage, AK, 99507

6beds
5baths
2,949sqft
$945,000
$320price/sqft
$6,795/moest. monthly cost
$271,800/yrincome needed

About This Home

Unique South Anchorage Multi-Family Investment Opportunity! Conveniently located near Abbott Rd and Fred Meyer, this versatile income-producing property offers nearly 3,000 sq. ft. of living space and is ideal for investors or owner-occupants. The property includes 3 well designed rental units: a 3 bed, 2 bath unit, a 2 bed, 1 bath unit, and a 1 bed, 1.5 bath apartment situated above anexpansive 1,400+ sq. ft. garage/shop featuring 16 ft. ceilings, drive-through doors, and approx. 650 sq. ft. of office/living space above. A standout feature of this property, the incredible garage/shop offers exceptional workspace and storage designed to meet a wide range of needs. Perfect for contractors, hobbyists, car enthusiasts, or small business owners, this versatile space provides ample room for tools, equipment, vehicles, trailers, and projects of all sizes. Whether you're looking for a dedicated workshop, secure storage, or the ultimate place to pursue your passions, this impressive garage/shop delivers the flexibility and functionality that's hard to find. Modern finishes throughout include concrete countertops, luxury laminate flooring, Samsung S/S appliances, and fenced backyard with a large deck. Currently generating $8,425 / mth. in gross rental income, this property presents an outstanding investment opportunity. Live in one unit while the rental income from the others helps offset your housing expenses, or continue operating it as a high-performing investment property. Buyer to verify all information herein.

Getting Around

71
WalkingVery Walkable
25
TransitSome Transit
59
BikeBikeable

Schools

8/10
5/10
Hanshew Middle SchoolGrades 6-80.8 mi
9/10
Service High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 2014

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 2,949
  • Total interior livable area: 2,949 sqft

Property

Details

  • Parcel number: 0142933300001
  • Zoning: R3
  • Zoning description: Multiple Family Residential

Features

  • Waterfront features: No Access,None

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached,Heated Garage,Tandem
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $4,778$57,336
Home Insurance $284$3,408
Property Taxes $1,242$14,904
Electricity $491$5,899
Total$6,795$81,540

Income You'd Need if You Spent...

35% on housing$232,971/yr
40% on housing$203,850/yr
45% on housing$181,200/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

$320This listing

vs Other Active Listings

Avg $/sqft

ZIP 99507$277
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99507$255
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
2026-08-08Pending sale$945,000
2026-07-08Listed for sale$945,000
2018-11-13Listing removed$547,999
2018-08-17Listed for sale$547,999
2018-06-01Listing removed$574,000
2018-01-19Price change$574,000
2018-01-09Price change$584,000
2017-08-25Price change$589,000
2017-07-25Price change$599,900
2017-07-04Listed for sale$605,000
2013-09-09Sold--
2013-05-11Listed for sale$132,900
2008-06-12Listing removed$325,000
2008-05-17Listed for sale$325,000

For Sale by Agent

AgentEric Dye
BrokerageGlobe Real Estate, LLC

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