$750,000

3505 Iowa St Anchorage, AK 99517

$8,906
Closing credit¹
12 beds
6 full
5,378 sqft
0.2 acres
$139 / sqft
Multi-Family

Property details

About 3505 Iowa St

Presenting a well-maintained and recently upgraded 6-unit multifamily investment property. This 6- plex represents a prime investment opportunity in Anchorage's dynamic rental market. With its recent upgrades, strong tenant appeal, and solid financials, it's a must-see for any investor.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size5,378 sqft
Lot size0.18 Acres
Year built1970
MLS #25-5151

Summary

  • Full Bathrooms: 6
  • Total Bedroom Count: 12
  • Heating: Baseboard, Natural Gas
  • List Price: $750,000
  • Price/SqFt: $139
  • Annual Tax Amount: $8,406
  • Tax Year: 2024
  • Directions: Minnesota south to right (west) on 36th, across railroad tracks, just past the Boys & Girls Club, go right on Iowa, building cat-a-corner from park with playground equipment.
  • Year Built: 1970
  • Living Area: 5,378 SqFt
  • Lot Size: 0.18 Acres
  • MLS Number: 25-5151
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Real Broker Alaska
  • Office Phone: (855) 450-0442
  • Office Email: jacobsebring@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: 5/28/2025, 6:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

3505 Iowa St, Anchorage, AK 99517 - traditional-style house featuring driveway, fence, and a carport

$750,000

3505 Iowa St

$8,906

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$520,700$8,406
2023$530,600$9,036
2022$496,800$8,366
2021$489,600$8,822
2020$510,400$8,421
2019$519,200$8,421
2018$513,500$8,421
2017$513,500$8,041

History based on county public records data.

Nearby schools

7

Aquarian Charter School

Public Charter KG-6

0.4 mi

1705 W 32nd Ave

6

Turnagain Elementary School

Public Magnet PK-6

0.8 mi

3500 W Northern Lights Blvd

6

Lake Hood Elementary School

Public District PK-6

0.8 mi

3601 W 40th 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 $79,245. The majority of Anchorage, AK residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
41%
35k-100k
27%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
47%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro WrestlingPro Wrestling
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Cicis PizzaCicis Pizza
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • PontiacPontiac
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3505 Iowa St in Anchorage, AK and zip code 99517 in the Spenard neighborhood. This 5,378 square foot home, which was built in 1970, sits on a 0.18 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $750,000.

The number of listings in Anchorage, AK increased by 3.3% between March and April 2025. In April 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $399,986.

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

More resources