$559,000

3107 W 31st Ave Anchorage, AK 99517

$6,638
Closing credit¹
5 beds
3 full
2,708 sqft
0.2 acres
$206 / sqft
Multi-Family

Property details

About 3107 W 31st Ave

HUGE $25K Price Drop! Turnkey Duplex - Live, Rent, or Airbnb! JUST REDUCED BY $25,000! This high-income duplex is a rare find—perfect for investors, Airbnb hosts, or owner-occupants looking to maximize their income potential. Justin Lyman at Fidelity Title provides great service! The upper unit boasts 3 spacious bedrooms, 2 full baths, 1,508 sq. ft. of bright, open living space, a stunning marble fireplace, and French doors leading to a private deckthe perfect spot to unwind. The lower unit is just as inviting, featuring 2 bedrooms, 1 bath, 1,200 sq. ft., an airy kitchen and dining area, and its own private deck, ideal for BBQs and entertaining. Extras include an oversized garage that fits 1.75 cars, a massive 260 sq. ft. storage room, and a 10 ft. double gate with alley accessgreat for boats, trailers, or extra parking. Recent upgrades include a brand-new roof completed in September 2024, fresh exterior paint, and newly updated decks, stairs, and French doors. With both units currently rented below market, there's huge potential for increased cash flow.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size2,708 sqft
Lot size0.16 Acres
Year built1965
MLS #24-12668
Attached garage1 space

Summary

  • MLS Number: 24-12668
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Frontier Realty
  • Office Phone: (907) 622-1345
  • Office Email: fmpropertydeveloping@gmail.com

IDXThe 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 this broker are marked with either the listing brokerage’s logo or 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a porch and a garage

$559,000

3107 W 31st Ave

$6,638

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$472,000$7,620
2023$435,300$7,413
2022$424,500$6,306
2021$404,400$6,386
2020$398,700$6,191
2019$393,300$6,191
2018$377,500$6,191
2017$385,700$6,040

History based on county public records data.

Nearby schools

6

Turnagain Elementary School

Public Magnet PK-6

0.2 mi

3500 W Northern Lights Blvd

6

Lake Hood Elementary School

Public District PK-6

0.6 mi

3601 W 40th Ave

7

Aquarian Charter School

Public Charter KG-6

0.8 mi

1705 W 32nd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,757. Most Anchorage, AK residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
44%
35k-100k
20%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • BurlingtonBurlington
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • SonicSonic
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • DodgeDodge
  • InfinitiInfiniti
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3107 W 31st Ave in Anchorage, AK and zip code 99517 in the Turnagain neighborhood. This 2,708 square foot home, which was built in 1965, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $559,000.

The inventory of homes for sale in Anchorage, AK between January and February 2025 decreased by 4%. The median list price of listings available in February 2025 was $399,033, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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