425 E 16th Avenue, Anchorage, AK 99501 (MLS# 25-720)
$1,500,000
Anchorage, AK 99501
MLS# 25-720
Status: Closed
28 beds | 12 baths | 10080 sqft
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Property Description
Well maintained 12 unit apartment building located across from the Sullivan Arena. Secured/common entrance with large units. Four 3 bedroom 1 bath and eight 2 bedroom 1 bath units. Two separate laundry rooms to service both sides of the building. Ample parking. Rental rates range between $1210 and $1600 per unit. Newly drafted leases reflect $1385 for the 2 bed and $1635 for the 3 bed units.
Details
Maps
Documents
Contract Info
Price-List: 1500000
Date-Listing: 2025-01-23
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2025-02-05
Date-Closing: 2025-06-13
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 425
Directional: E
Street Name: 16th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 28
Bathrooms Full: 12
Bathrooms Total: 12
Bldgs-Ttl #: 1
Year Built: 1965
Year Remodeled: 2024
Year Updated: 2024
SF-Res: 10080
Number of Units: 12
SF-Lot: 14796
Acres: 0.34
Prkg Spcs: 20
Lot Area Source: Tax Authority
Zoning: R4 - Multiple Family Residential
Directions and Remarks
Directions: On E 16th Ave between A St and Gambell St.
Building Info
Units- # of 2 BR: 8
Units-# of 3 BR: 4
Mortgage Info
EM Minimum Deposit: 15000
Unit #1
Bedroom: 3
Unit #2
Bedroom: 2
Unit #3
Bedroom: 3
Unit #4
Bedroom: 2
Unit #5
Bedroom: 2
Unit #6
Bedroom: 2
Unit #7
Bedroom: 2
Unit #8
Bedroom: 3
Property Features
Multi-Family Type: Apartment Style; 5+ Units
Exterior Finish: Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Block
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: City Lights; Mountains; Partial
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Laundry Facility; Smoke Detector(s); Paved Driveway
Flooring: Laminate; Vinyl
Docs Avl for Review: Pre-Lim
Listing Terms Financing: Cash; Conventional
Rent Roll 
Listing Office: Jack White Real Estate
Last Updated: June - 13 - 2025
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.