1054 W 20th Avenue, Anchorage, AK 99503

$720,000
Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 3,980 Lot Size (sq. ft.): 11,543 Status: Active
Current Price: $720,000 Last Modified: 7/02/2026

Overview

Description

Excellent investment opportunity! This well-maintained, fully occupied four-plex is ideally located in a convenient central location just steps from Valley of the Moon Park, shopping, dining, schools, and major commuter routes. Each townhouse-style unit features a functional floor plan with the kitchen and living room on the main level.

Supplements: Units 1,2 & 3 have 2 bedrooms and Unit 4 features 3 beds with a balcony. Each unit includes laundry and a private entrance. Situated on a beautifully maintained lot with a mature lawn and established perennial landscaping, this income-producing property offers strong rental appeal and a proven investment opportunity.

Thank you for reading this post, don't forget to subscribe!

Listing Details MLS# 26-8057

Contract Info

Price-List
720000
Date-Listing
2026-06-30
Foreclosure/Bank Own
No

Location Tax and Legal

Area
10 - Spenard
Street #
1054
Directional
W
Street Name
20th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99503

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
9
Bathrooms Full
4
Bathrooms Total
4
Bldgs-Ttl #
Yes
Year Built
1978
SF-Res
3980
Number of Units
4
SF-Lot
11543.4
Acres
0.27
Prkg Spcs
8
Lot Area Source
Tax Authority
Zoning
R3 - Multiple Family Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
From Arctic Blvd. turn onto W20th Ave. Home on the left.

Building Info

Units-# of 1 BR
2
Units- # of 2 BR
2
Units-# of 3 BR
2
Units- # of 4+ BR
3

Unit #1

Bath - Full
Yes
Bedroom
2
Family Room
Yes
Kitchen
Yes
Parking Spaces
2

More Information

Unit #2

Bath - Full
Yes
Bedroom
2
Family Room
Yes
Parking Spaces
2

Unit #3

Bedroom
2
Family Room
Yes
Kitchen
Yes
Parking Spaces
2

Unit #4

Bath - Full
Yes
Bedroom
3
Family Room
Yes
Kitchen
Yes
Parking Spaces
2

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1529
Tax Map #-Mat-Su
N/A
Legal
THOMPSON BLK 8B LT 11
Taxes (Estimated)
9529.2
Tax Year
2025
School-Elementary
North Star
School-Middle
Romig
School-High
West Anchorage

Multi-Family Type

Apartment Style
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Composition
Yes
Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

Lake
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Linoleum
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Paved
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
In City Limits
Yes
Parkside
Yes
Smoke Detector(s)
Yes
Trailside
Yes
Washer/Dryer
Yes

Docs Avl for Review

Docs Posted on MLS
Yes

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block Construction Type: Wood Frame Garage Type: None Carport Type: None Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Access Type: Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Lake Features-MultiFamily: CO Detector(s); In City Limits; Parkside; Smoke Detector(s); Trailside; Washer/Dryer Flooring: Carpet; Linoleum To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS Listing Terms Financing: Cash; Conventional; FHA; VA Loan
IDX
Listing Office: Keller Williams Realty Alaska Group of Eagle River
Last Updated: July - 02 - 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.