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609 S Cobb Street, 
Palmer, AK 99645

$1,599,000


12

Beds


6

Baths


6,096

Sq Ft


Multi-Family

Active

Listed by

Dustin Renner

Marina Bochkovsky

Keller Williams Realty Alaska Group Of Wasilla

907-864-6500

Last updated:

August 8, 2026, 12:11 AM

MLS#

26-7822

Source:

AK AMLS

About This Home

609 S Cobb Street

Exceptional Downtown Palmer Investment Opportunity! Rarely does a property of this caliber become available in the heart of Palmer. This fully remodeled six-plex offers investors a true turnkey asset with all units currently occupied, providing immediate and reliable income from day one. Ideally situated within walking distance of downtown Palmer's shops, restaurants, parks, and local amenities Don't miss this opportunity to own a fully remodeled six-unit apartment building in a prime downtown location. Every spacious 2-bedroom, 1-bathroom unit has been thoughtfully updated with modern finishes and includes the convenience of an in-unit washer and dryer, making this property highly desirable to today's tenants. The extensive renovation provides investors with a truly turnkey asset while minimizing future maintenance costs. Ideally situated near shopping, restaurants, parks, schools, and major employers, this property enjoys strong rental demand and excellent long-term appreciation potential. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this income-producing property offers immediate cash flow with updated interiors and a location that continues to attract quality tenants.

Home Facts

Multi-Family

6 Baths

12 Bedrooms

Built in 1976

Price Summary

1,599,000

$262 per Sq. Ft.

MLS #:

26-7822

Last Updated:

August 8, 2026, 12:11 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

6,096 Sq. Ft.


Structure

Structure

Building Area:

6,096 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$1,599,000

Price per Sq. Ft:

$262 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 August 8, 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.