




8921 Toloff St, Anchorage, AK, 99507
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
Schools
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
- 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 | $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...
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-08 | Pending sale | $945,000 |
| 2026-07-08 | Listed for sale | $945,000 |
| 2018-11-13 | Listing removed | $547,999 |
| 2018-08-17 | Listed for sale | $547,999 |
| 2018-06-01 | Listing removed | $574,000 |
| 2018-01-19 | Price change | $574,000 |
| 2018-01-09 | Price change | $584,000 |
| 2017-08-25 | Price change | $589,000 |
| 2017-07-25 | Price change | $599,900 |
| 2017-07-04 | Listed for sale | $605,000 |
| 2013-09-09 | Sold | -- |
| 2013-05-11 | Listed for sale | $132,900 |
| 2008-06-12 | Listing removed | $325,000 |
| 2008-05-17 | Listed for sale | $325,000 |
