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4825 Topaz Avenue, 
Anchorage, AK 99502

$875,000


5

Beds


6

Baths


4,657

Sq Ft


Multi-Family

Pending

Listed by

Jacob Masog

Herrington And Company, LLC.

907-263-9333

Last updated:

July 16, 2026, 12:32 PM

MLS#

26-8409

Source:

AK AMLS

About This Home

4825 Topaz Avenue

Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter. Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence. Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated. Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage. Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.

Home Facts

Multi-Family

6 Baths

5 Bedrooms

Built in 1997

Price Summary

875,000

$187 per Sq. Ft.

MLS #:

26-8409

Last Updated:

July 16, 2026, 12:32 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

4

Interior

Living Area:

4,657 Sq. Ft.


Structure

Structure

Building Area:

4,657 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$875,000

Price per Sq. Ft:

$187 per Sq. Ft.

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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 July 16, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.