Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Endeavor Realty

309 N Klevin Street, 
Anchorage, AK 99508

$509,900

Last List Price

9

Beds


4

Baths


4,088

Sq Ft


Multi-Family

Sold

Listed by

Beau Disbrow

, 

Kari Disbrow

Bought with Real Broker Alaska

Jack White Real Estate

907-562-6464

MLS#

26-5808

Source:

AK AMLS

Sorry, we are unable to map this address

About This Home

309 N Klevin Street

Stable Mountain View 4-plex with strong pro forma upside on a quiet street near JBER, schools, and shopping. Fully occupied by long-term tenants (2 to 5+ years), all current and on time, all on month-to-month leases -- giving a new owner flexibility to raise rents to market or occupy a unit. Current gross rent of $51,600/yr reflects below-market rates; comparable Mountain View 4-plexes with similar unit mix are achieving closer to $65,000/yr, representing roughly $12,000/yr in lease-up potential. Individual electric meters (tenant-paid); owner currently covers gas, water/sewer, and refuse. Investor-ready with a clear path to a 7%+ pro forma cap rate. Also a strong fit for an owner-occupant seeking a multi-unit property where rental income from the other units helps offset the mortgage. Showings by appointment with minimum 24-hour notice -- tenants in place. Only Units A and C were available for photos. All units are similar, with Unit B having an oversized living room closet and Unit D having 3 bedrooms.

Home Facts

Multi-Family

4 Baths

9 Bedrooms

Built in 1985

Price Summary

509,900

$124 per Sq. Ft.

MLS #:

26-5808

Sold:

July 14, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

4,088 Sq. Ft.


Structure

Structure

Building Area:

4,088 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$509,900

Price per Sq. Ft:

$124 per Sq. Ft.

MLS Logo
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated September 28, 2026