7230 Basel Street, Anchorage, AK 99507 (MLS# 25-11650)

$875,000
7230 Basel Street
Anchorage, AK 99507
MLS# 25-11650
Status: Pending
10 beds  |  6 baths  |  3828 sqft
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7230 Basel Street, Anchorage, AK 99507
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Property Description
Savvy buyers can take advantage of an assumable VA loan at 4.875% interest rate! Turnkey, fully-updated triplex at 7230 Basel St generating $7,750/mo. All three units feature modern interiors (newer flooring, paint, appliances, refreshed kitchens/baths), in-unit laundry, and a new roof (2023).

Details
Maps
Documents
Contract Info
Price-List: 875000
Date-Listing: 2025-09-08
Status: Pending
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2026-01-09
Location Tax and Legal
Area: 35 - E Tudor Rd - Abbott Rd
Street #: 7230
Street Name: Basel
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99507
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 10
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Year Built: 1984
SF-Res: 3828
Number of Units: 3
SF-Lot: 10400
Acres: 0.24
Garage Spaces: 1
Prkg Spcs: 8
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Directions and Remarks
Directions: From Lake Otis go west on E 72nd Ave, turn left on Basel Street.
Building Info
Units-# of 3 BR: 2
Units- # of 4+ BR: 1
Mortgage Info
EM Minimum Deposit: 1
Unit #1
Bath - Full: 2
Bedroom: 3
Dining Room: 1
Kitchen: 1
Parking Spaces: 3
Unit #2
Bath - Full: 2
Bedroom: 4
Kitchen: 1
Living Room: 1
Parking Spaces: 4
Unit #3
Bath - Full: 2
Bedroom: 3
Dining Room: 1
Kitchen: 1
Living Room: 1
Utility Room: 1
Garage: 1
Parking Spaces: 2
Property Features
Multi-Family Type: Tri-Plex
Exterior Finish: Wood
Roof Type: Shingle
Foundation Type: Block
Construction Type: Block
Garage Type: Attached
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Tenant Storage; Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Carpet; Luxury Vinyl; Tile
Listing Terms Financing: Assumable; Cash; Conventional; FHA; VA Loan
Supplements
Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo. Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo. Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR). Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo. Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures. Proforma in MLS Docs - Seller is Owner/Agent

Listing Office: Real Broker Alaska

Last Updated: January - 23 - 2026

7230 Basel Street, Anchorage, AK 99507 - MLS# 25-11650

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.

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