$695,000

8621 Molanary Drive, Anchorage, AK 99502

  • 9 beds |
  • 4 baths |
  • 3,448 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $202/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Take advantage of this excellent investment opportunity in the South Anchorage! This well-maintained 4-plex features one spacious 3-bedroom, 1-bath unit and three comfortable 2-bedroom, 1-bath units. Each unit has dedicated off-street parking, and tenants have access to laundry. Ideally located just minutes from the airport, as well as popular restaurants and shopping, this property appeals to both tenants and investors alike. The fenced yard provides added privacy and outdoor space, while dedicated off-street parking ensures convenience for all residents. With the potential to increase current rents to market rates, this well-maintained property presents strong income growth for investors. Whether you're looking to live in one unit while renting out the others or expand your portfolio, this 4-plex is an excellent opportunity.

Listing Status:
Pending
Date Added:
March 19, 2026
Data Last Updated:
April 1, 2026 at 7:37AM
Listing Office:
Herrington and Company, LLC : 907-263-9333
MLS ID:
26-2652
  • Flooring: Laminate
  • Heating: Baseboard
  • Parking: None
  • Roofing: AsphaltCompositionShingle
  • General: Wood FramePoured Concrete
  • Road/Access: Dedicated RoadPavedMaintained
  • Originating MLS: Alaska Multiple Listing Service
  • Zoning: R3 - Multiple Family ResidentialGeorgeville Estates L3C B20122729100001
  • Sewer: Public Sewer
  • Source: Alaska Multiple Listing Service

This listing courtesy of Herrington and Company, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chinook Elementary School

3101 W 88th Ave, Anchorage, AK, 99502

Grades PK-6

0.35 miles away

M

Mears Middle School

2700 W 100th Ave, Anchorage, AK, 99515

Grades 7-8

1.11 miles away

D

Dimond High School

2909 W 88th Ave, Anchorage, AK, 99502

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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