Elite Real Estate Group
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $171
MLS Listing ID 25-6514
Bedrooms 8
Full Baths 4
Construction Status Existing Structure
Year Built 2004
Annual Tax Amount $7,031
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
Property Description
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!
Location
State AK
Area Wa - Wasilla
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Direction From Parks Hwy head North on Lucille St. Turn Left on Spruce Ave, Right on W Roy Rd and the property is on the Right.
Exterior
Parking Features Attached
Garage Spaces 4.0
Garage Description 4.0
Building
Foundation Poured Concrete
Lot Size Range 0.92
Sewer Public Sewer, Septic Tank
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Tanaina
Middle Schools Teeland
High Schools Wasilla
Others
Tax ID 55554B02L004
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Elite Real Estate Group
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