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5157 Chena Avenue
Anchorage, AK 99508
1 day ago
NEW
$715,000
Active
17
Beds
8
Baths
4,560
Sqft
0.34
Acres
1950
Yr. Built
MLS# 26-12486
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 09/28/26 · Data provided by the MLS.

Property Description

This well maintained 8 unit apartment building features newer roof, exterior paint, and several updated units. Ranch layout with private courtyard. Property sits nestled in a quiet residential area. Strong rental history with a 9.2% cap rate. Each unit has it's own forced air heating system. Potential for RUBS.

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Property Highlights

Property Type
Residential Income
Property Sub Type
Multi Family
Bedrooms
17
Total Bathrooms
8
Living Area
4,560 Sqft
Price / Sqft
$157
Acres
0.34
Year Built
1950

Location

Area
1A - Anchorage Municipality
City/Township
Anchorage
Zoning
R4
Zoning Description
Multiple Family Residential

Lake/Waterfront Information

Waterfront Features
No Access, None

Property Details

Price
$715,000
Property Type
Residential Income
Property Sub Type
Multi Family

Building

Structure Type
Ranch
Total Area
4,560

Community

Local Schools

Elementary School
Wonder Park
Middle School
Clark
High School
Bartlett

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
8
Full Bathrooms
8
Bedrooms
17

Area and Spaces

Living Area
4,560 Sqft
Number of Units
8

Interior Features

Flooring
Carpet, Laminate
Laundry Features
Common Area

Heating and Cooling

Heating Features
Forced Air, Natural Gas

Building Details

Construction

Year Built
1950
Foundations
Block

Materials

Construction Materials
Wood Siding, Frame
Roof
Asphalt, Composition, Shingle

Taxes

Tax

Tax (Annual)
$4,843.05

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.34
Lot Size
14,810.40
Lot Size Area Sq Ft
14,810.40
Lot Features
City Lot
Topography
Level

Parking

Parking Features
No Carport, No Garage
Listed by Real Broker Alaska
Listing Data last updated 09/28/2026 02:20 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 28-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Status Active. This is the date the listing was placed on market.
Today
Property information last updated
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since September 28, 2026. Data provided by the MLS.

Similar Properties

5157 Chena Avenue - MLS#26-12486 - $715,000
Listed by Real Broker Alaska, Kevin B Cross