$699,000

4116 W 88th Ave Anchorage, AK 99502

$8,301
Closing credit¹
9 beds
5 full
3,462 sqft
0.3 acres
$202 / sqft
Multi-Family

Property details

About 4116 W 88th Ave

Right down the street from Jewel Lake Park! Don't miss out on this very well maintained and upgraded ranch style 4plex that actually cashflows. Gross rents are $7,900. Property can easily be converted back into a 4plex with an ADU by splitting unit 3. Units 1 and 2 are rented by the room with many long term tenants. Unit 4 is a turnkey AirBnB rental and those furnishings stay with the property. Recent upgrades and improvements - Well house removed w/control box, pressure tank and filters moved to utility room. A new water main installed. - New gas line on exterior of building installed. - Unit #4 completely remodeled within last 24 months. - New washer/dryer for shared laundry for units 1 & 2 - New Fridge in unit 3

Highlights

Home typeMulti Family
StatusActive
Size3,462 sqft
Lot size0.33 Acres
Year built1963
MLS #25-7666
ViewMountain(s)

Summary

  • Full Bathrooms: 5
  • Total Bedroom Count: 9
  • Attached Garage: No
  • View: Mountain(s)
  • List Price: $699,000
  • Price/SqFt: $201
  • Annual Tax Amount: $8,216
  • Tax Year: 2024
  • Directions: Jewel Lake, West on 88th. Property is on the left
  • Year Built: 1963
  • Living Area: 3,462 SqFt
  • Lot Size: 0.33 Acres
  • MLS Number: 25-7666
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Real Broker Alaska
  • Office Phone: (855) 450-0442
  • Office Email: membership@therealbrokerage.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: 6/28/2025, 8:40:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4116 W 88th Ave, Anchorage, AK 99502 - ranch-style house with a front lawn

$699,000

4116 W 88th Ave

$8,301

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$508,900$8,216
2023$485,200$8,262
2022$496,700$8,364
2021$412,800$7,438
2020$425,600$6,878
2019$427,100$6,878
2018$419,400$6,878
2017$412,100$6,453

History based on county public records data.

Nearby schools

3

Chinook Elementary School

Public Magnet PK-6

0.6 mi

3101 W 88th Ave

5

Sand Lake Elementary School

Public Magnet PK-6

0.8 mi

7500 Jewel Lake Rd

9

Bayshore Elementary School

Public District PK-6

1.2 mi

10500 Bayshore Dr

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 $92,940. Residents of Anchorage, AK typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
38%
35k-100k
38%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
15%
Single, with Kids
23%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4116 W 88th Ave

The listing price of 4116 W 88th Ave property is $699,000.

The property 4116 W 88th Ave is a multi located in Anchorage, Alaska, 99502.

Active Listing: 4116 W 88th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4116 W 88th Ave are: Chinook Elementary School (GreatSchools Rating 3/10), Sand Lake Elementary School (GreatSchools Rating 5/10), Bayshore Elementary School (GreatSchools Rating 9/10), Mears Middle School (GreatSchools Rating 3/10), Rilke Schule Charter School (GreatSchools Rating 8/10), Romig Middle School (GreatSchools Rating 4/10), Dimond High School (GreatSchools Rating 6/10), Family Partnership Charter School (GreatSchools Rating 5/10), Focus Homeschool (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $8,216 (source: MLS/based on county public records data).

The property 4116 W 88th Ave is 3,462 SqFt (source: MLS/tax record).

The year of construction for 4116 W 88th Ave is 1963.

This home is located at 4116 W 88th Ave in Anchorage, AK and zip code 99502 in the Sand Lake neighborhood. This 3,462 square foot home, which was built in 1963, sits on a 0.33 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $699,000.

In May 2025 in Anchorage, AK there were 8.2% more homes for sale than in April. In May 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $406,369.

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

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