1. Alaska
  2. Wasilla
  3. 500 W Roy Road
$745,000

500 W Roy Road, Wasilla, AK 99654

  • 8 beds |
  • 4 baths |
  • 4,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon0.92acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $169/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional Fourplex Investment Opportunity Just Outside City Limits Rare opportunity to own a well-maintained fourplex just outside Wasilla city limits - enjoy lower taxes while still being minutes from town amenities. This 8-bedroom, 4-bath multi-family property offers a perfect blend of comfort and investment potential, ideal for owner-occupants seeking rental income. Each of the four units features 2 spacious bedrooms and 1 full bathroom, designed for maximum functionality and tenant appeal. Units include in-unit washers and dryers, saving tenants time and money while reducing maintenance headaches for the owner. Private one-car garages for each unit provide secure parking and added storage, a rare and highly sought-after feature in the local rental market. All units are currently rented below market value, giving new owners the opportunity to increase cash flow over time by adjusting rents to meet current market rates. Whether you choose to live in one unit or lease all four, there's clear, built-in equity growth through rental optimization. The property is situated on a quiet, accessible road with plenty of outdoor space, offering a more private, relaxed setting than properties located within city boundaries. Strong rental demand in this area means high occupancy rates and consistent cash flow potential. Live in one unit and let the other three units offset your mortgage - or generate passive income from all four. Why buy a single-family home when you can live for less and build wealth at the same time? With limited multi-family inventory in the Wasilla area, this is your chance to secure a property that pays you back every month. Don't miss out - opportunities like this move fast. Schedule your showing today and take the first step toward financial freedom!

Listing Status:
Active
Date Added:
June 6, 2025 at 05:00AM
Listing Office:
My Favorite Realty LLC : 907-746-4663
MLS ID:
25-6514
  • Heating: Baseboard

This listing courtesy of My Favorite Realty LLC

Monthly Payment

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

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Location

Schools Nearby

T

Tanaina Elementary School

2550 N Lucille St, Wasilla, AK, 99654

Grades KG-5

0.52 miles away

T

Teeland Middle School

2788 N Seward Meridian Pkwy, Wasilla, AK, 99654

Grades 6-8

3.25 miles away

W

Wasilla High School

701 E Bogard Rd, Wasilla, AK, 99654

Grades 9-12

1.31 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.