35061 Adell Avenue, Sterling, AK 99672 (MLS# 26-2413)
$475,000
Sterling, AK 99672
MLS# 26-2413
6 beds | 3 baths | 2910 sqft

1 / 55
Property Description
With multiple rentable structures already in place and the property prepared for future expansion, this unique income-producing property presents an investment opportunity. The main residence is a spacious 3-bedroom home featuring 1¾ baths, an office, a dedicated craft area, and an oversized laundry/pantry room, with projected rental income of approximately $2,000 per month. In addition,
Details
Maps
Documents
Contract Info
Price-List: 475000
Date-Listing: 2026-03-13
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 340 - Sterling
Street #: 35061
Street Name: Adell
Arterial: Avenue
Closest USPS Town: Sterling
State: AK
Zip Code: 99672
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 6
Bathrooms Three Quarter: 1
Bathrooms Full: 2
Bathrooms Total: 3
Bldgs-Ttl #: 5
Year Built: 1996
SF-Res: 2910
Number of Units: 5
SF-Lot: 53143.2
Acres: 1.22
Garage Spaces: 4
Prkg Spcs: 10
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned
Directions and Remarks
Directions: From the Sterling Highway, turn onto Scout Lake Loop Rd, drive about a half mile to Adell Ave and turn right. The property is on the left.
Building Info
Units-# of 3 BR: 2
Mortgage Info
EM Minimum Deposit: 4000
Unit #1
Bath - Full: 1
Bath-Three Qtr: 1
Bedroom: 3
Dining Room: 1
Kitchen: 1
Living Room: 1
Utility Room: 1
Extra Room: 2
Parking Spaces: 4
Unit #2
Bath - Full: 1
Bedroom: 3
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Unit #3
Parking Spaces: 2
Unit #4
Garage: 1280
Parking Spaces: 2
Property Features
Multi-Family Type: Other - See Remarks
Foundation Type: Pilings; Slab; Other
Garage Type: Detached; Heated
Heating: Natural Gas; Wood
Sewer-Type: Septic Tank
Water Source: Private; Well
Access Type: Dedicated Road; Government; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: River
Features-MultiFamily: Shed; Washer/Dryer HkUp; Circle Driveway; RV Parking
Docs Avl for Review: Prop Discl Available
Listing Terms Financing: Cash; Conventional
Supplements
fully detached 3-bedroom, 1-bath home is currently rented at $1,600 per month.
For a commercial tenant, the 32' x 40' heated shop adds income potential. Equipped with in-floor heat, an overhead heater, a wood stove, and plumbing for a future bathroom, this versatile space includes designated areas for both woodworking and auto repair. Additional features include a 12' x 12' manual shop door, a 220V welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift. Estimated rental income is approximately $1,500 per month.
This property also includes a gravel pad that is ready for future expansion. With natural gas, electricity, and a well already installed, it is ideal for a new rental unit or trailer space. As it sits, the pad could potentially generate approximately $500 per month in additional income from space rental, with even greater potential if developed into an additional dwelling.
Also located on the property is a fully powered hobby shed heated with natural gas. Its compact layout includes a loft with convenient pull-down stairs.
If you are looking to expand your real estate portfolio, this versatile multi-use investment property may be what you have been searching for. See the attachment for additional property details.
Listing Office: Century 21 Realty Solutions Freedom Branch
Last Updated: March - 14 - 2026

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with 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. Site contains live data.
Plat Map
As Built 2006