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624 Karluk St, Anchorage, AK, 99501

4beds
3baths
2,687sqft
$475,000
$177price/sqft
$3,688/moest. monthly cost
$147,520/yrincome needed

About This Home

This vacant historic triplex is ready for you to invest and earn money. These buildings with stood the 1964 earthquake and are quite nice. Anyone looking for city life will love this place. Close to shops, cafe's, restaurants, and parks. The convenience alone will keep you phone ringing with rental enquiries. Don't miss out, take a look at the attached video's. Red building was the 1st Fire Dept.

Getting Around

70
WalkingSomewhat Walkable
37
TransitSome Transit
61
BikeBikeable

Schools

2/10
5/10
West High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Baseboard,Forced Air,Natural Gas

Interior Area

  • Total structure area: 2,687
  • Total interior livable area: 2,687 sqft

Property

Details

  • Parcel number: 0031036100001
  • Zoning: B3
  • Zoning description: General Business

Features

  • Waterfront features: No Access,None

Lot

  • Lot size: 7,405 sqft

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 $2,401$28,812
Home Insurance $207$2,484
Property Taxes $633$7,596
Electricity $447$5,374
Total$3,688$44,256

Income You'd Need if You Spent...

35% on housing$126,445/yr
40% on housing$110,640/yr
45% on housing$98,346/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

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 99501$227
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99501$231
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)

Price History

DateEventPrice
2025-10-17Listed for sale$475,000
2025-10-09Pending sale$475,000
2025-10-06Listed for sale$475,000

For Sale by Agent

AgentElise E Buchholz
BrokerageJack White Real Estate Mat Su

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