About 1227 E 11th Avenue
Income-Producing 7plex, Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years; some units older and in need of repair. Building in general needs TLC, hence the price. Relatively easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1350. Electric is separate. 1 vacancy currently. 24 hour notice to show, LA to be present. Exterior photo is from last year, needs some fascia repair and painting; paint pealing. Fred with Sourdough Roofing replaced a significant portion of the roof in 2018-2020. Recent inspection shows roof is nearing end of life. North foundation corner was damaged in 2019, engineer approved work completed by a licensed masonry contractor. All documents available for Buyer's review.
Features of 1227 E 11th Avenue
| MLS® # | 26-6779 |
|---|---|
| Price | $569,000 |
| Bedrooms | 7 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 3,640 |
| Acres | 0.16 |
| Year Built | 1958 |
| Type | Multi-Family |
| Sub-Type | Ranch,5 Units |
| Status | Active |
Community Information
| Address | 1227 E 11th Avenue |
|---|---|
| Area | 5 - Downtown Anchorage |
| Subdivision | Third Addition L10 B3C |
| City | Anchorage |
| State | AK |
| Zip Code | 99501 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Bitumen/Torch Down |
|---|---|
| Construction | Block, Wood Frame - 2x4 |
| Foundation | Block |
School Information
| Elementary | Fairview |
|---|---|
| Middle | Central |
| High | West Anchorage |
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Days on Market | 77 |
| Zoning | R3 - Multiple Family Residential |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Buyers Real Estate, LLC |
|---|