351 E Spruce Avenue, Wasilla, AK 99654

$1,495,000
Property Type: Multi-Family Bedrooms: 13 Baths: 9 Square Footage: 6,106 Lot Size (sq. ft.): 191,228 Status: Active
Current Price: $1,495,000 Last Modified: 8/18/2026

Overview

Description

Unique opportunity to acquire an income Cabin rental property, featuring 8 cabins - and space to grow. The property has undergone extensive updating, including two newly constructed cabins completed in 2024. Additional land offers potential for future development or expansion. Showings are available by appointment only - cabins all currently rented, do not drive through.

Listing Details MLS# 26-10577

Contract Info

Price-List
1495000
Date-Listing
2026-08-18
Foreclosure/Bank Own
No

Location Tax and Legal

Area
WA - Wasilla
Street #
351
Directional
E
Street Name
Spruce
Arterial
Avenue
Closest USPS Town
Wasilla
State
AK
Zip Code
99654

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
13
Bathrooms Full
9
Bathrooms Total
9
Bldgs-Ttl #
8
Year Built
1993
Year Remodeled
2024
SF-Res
6106
Number of Units
8
SF-Lot
191228
Acres
4.39
Carport Spaces
4
Garage Spaces
Yes
Prkg Spcs
16
Lot Area Source
Other
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Bathrooms Half
0
Bathrooms Three Quarter
0

Directions and Remarks

Directions
Lucille to Right on Spruce- Cabins on the left

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
WA06
Legal
Riddels' Original L16
School-Elementary
BTV-Undiscl by LL
School-Middle
BTV-Undiscl by LL
School-High
BTV-Undiscl by LL

Multi-Family Type

Multi Family
Yes

More Information

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes

Exterior Finish

Log
Yes
Wood
Yes

Heating

Natural Gas
Yes

Roof Type

Asphalt
Yes
Metal
Yes

Construction Type

Log
Yes
Wood Frame
Yes

Foundation Type

All-Weather Wood
Yes
Block
Yes
Poured Concrete
Yes
Unknown - BTV
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

Detached
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

Detached
Yes

Sewer-Type

Septic Tank
Yes

Water Source

Well
Yes

Property Features

Multi-Family Type: Multi Family Exterior Finish: Log; Wood Roof Type: Asphalt; Metal Foundation Type: All-Weather Wood; Block; Poured Concrete; Unknown - BTV Construction Type: Log; Wood Frame Garage Type: Detached Carport Type: Detached Heating: Natural Gas Sewer-Type: Septic Tank Water Source: Well Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Listing Terms Financing: 1031 Exchange; Cash
IDX
Listing Office: Real Broker Alaska
Last Updated: August - 18 - 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.