3635-3711 Carleton Avenue, Anchorage, AK 99517

$2,850,000
Property Type: Multi-Family Bedrooms: 33 Baths: 33 Square Footage: 15,246 Lot Size (sq. ft.): 29,554 Status: Pending
Current Price: $2,850,000 Last Modified: 8/15/2026

Overview

Description

Exceptional West Anchorage Investment Opportunity - 11 Townhouse-Style Apartments with Condo Conversion Option. Bult in 1985 to condo specs, each spacious residence offers 3bed/2.5 baths, a large 1car garage & extra storage, private laundry, decks w/ sliding glass doors, nicely updated kitchens. Tenants pay G&E. Freshly painted, updated decks and most units remodeled. Roofs replaced in 2021.

Supplements: Each unit size is 1386sqft per recent appraisal. Appraised value came in at $2,850,000 June 2026. Replat happened in spring 2026, dividing up the original lot into a 4plex, 7plex & R2M lot. The building is 100% occupied by credit-qualified tenants, whom pay their own G&E. Big upside to potentially operate bnbs given the fantastic Turnagain locati ...

Listing Details MLS# 26-9458

Contract Info

Price-List
2850000
Concessions YN
Yes
Date-Listing
2026-07-28
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2026-08-15

Location Tax and Legal

Area
10 - Spenard
Street #
3635-3711
Street Name
Carleton
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99517
Subdivision Name
Carleton Square

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
33
Bathrooms Half
11
Bathrooms Three Quarter
11
Bathrooms Full
11
Bathrooms Total
33
Bldgs-Ttl #
2
Year Built
1985
Year Remodeled
2026
Year Updated
2025
SF-Res
15246
Number of Units
11
SF-Lot
29554
Acres
0.68
Garage Spaces
11
Prkg Spcs
15
Lot Area Source
Plat
Zoning
R2M - Multi Family Residential
Carport Spaces
0

Directions and Remarks

Directions
West on W Nortrhern Lights, Left (south) on McKenzie Drive (this turns into Carleton Avenue). Properties are near the end of the culdsac on the North side.

Building Info

Units-# of 3 BR
11

More Information

Currently Not Used

Subdivision Name
Carleton Square

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1527
Tax Map #-Mat-Su
N/A
Legal
Woodlake L2b & 2c
Taxes (Estimated)
26000
Tax Year
2026
School-Elementary
Turnagain
School-Middle
Mears
School-High
West Anchorage

Multi-Family Type

Side by Side
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

AHFC
Yes
Cash
Yes
Conventional
Yes

Exterior Finish

Wood
Yes

Heating

Baseboard
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

Attached
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Laminate
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Maintained
Yes

Features-MultiFamily

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

Docs Avl for Review

Appraisal
Yes
As-Built
Yes
Floor Plan
Yes
Lease
Yes
Survey
Yes

Income & Expenses

Exp-Elec/Yr Avg
500
Exp-Gas/Yr Avg
500
Exp-Insurance/Yr Avg
8580
Exp-Maint/Yr Avg
9800
Exp-Mgmt/Yr Avg
18000
Exp-Refuse/Yr Avg
4620
Exp-Snow/Yard/Yr Avg
3500
Exp-Wtr/Swr/Yr Avg
10826

Property Features

Multi-Family Type: Side by Side Exterior Finish: Wood Roof Type: Asphalt; Shingle Foundation Type: Block Construction Type: Wood Frame Garage Type: Attached Carport Type: None Heating: Baseboard Sewer-Type: Public Sewer Water Source: Public Access Type: Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Parkside; Smoke Detector(s); Washer/Dryer Flooring: Carpet; Laminate To Show: ShowingTime Docs Avl for Review: Appraisal; As-Built; Floor Plan; Lease; Survey Listing Terms Financing: AHFC; Cash; Conventional
IDX
Listing Office: Buyers Real Estate, LLC
Last Updated: August - 15 - 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.