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3340 Tarwater Ave, Anchorage, AK, 99508

3beds
3baths
2,629sqft
$340,000
$129price/sqft
$2,727/moest. monthly cost
$109,080/yrincome needed

About This Home

Excellent opportunity for a first-time investor or owner-occupant! This 3-unit property offers 2,629 SF and the chance to live in one unit while rental income from the others helps offset expenses. Convenient East Anchorage location with a distinctive log-style exterior and strong income potential. A great way to begin building a real estate portfolio.

Getting Around

51
WalkingSomewhat Walkable
33
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

8/10
2/10
Clark Middle SchoolGrades 6-80.3 mi

Construction

Condition

  • Year built: 1944

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Metal
  • Construction materials: Log Siding

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

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

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total structure area: 2,629
  • Total interior livable area: 2,629 sqft

Property

Details

  • Parcel number: 0040352100001
  • Zoning: R3
  • Zoning description: Multiple Family Residential

Features

  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: No Access,None
  • Topography of land: Level

Lot

  • Lot size: 6,534 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
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Tsunami

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 $1,719$20,628
Home Insurance $112$1,344
Property Taxes $458$5,496
Electricity $438$5,258
Total$2,727$32,724

Income You'd Need if You Spent...

35% on housing$93,497/yr
40% on housing$81,810/yr
45% on housing$72,720/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

$129This listing

vs Other Active Listings

Avg $/sqft

ZIP 99508$145
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99508$226
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
2026-07-21Listed for sale$340,000
2022-10-01Listing removed--
2022-07-13Listed for sale$275,000
2022-04-25Pending sale$275,000
2022-04-23Listed for sale$275,000
2019-12-13Listing removed$260,000
2019-01-03Listed for sale$260,000
2009-11-10Sold--
2008-07-21Listing removed$170,000
2008-05-06Listed for sale$170,000
2003-06-18Sold--
1998-03-09Sold--

For Sale by Agent

AgentManny Rodriguez
BrokerageJack White Commercial

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