Movoto Real Estate
Sold on 01/09/2026

7230 Basel St, Anchorage, AK 99507

$875,000

Last sold 01/09/2026 after 123 Days

  • 10

    bed

  • 6

    bath

  • 3,828

    Sqft ($229/Sqft)

Multi-family not for sale

About 7230 Basel St

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 10,400 Sqft
Parking 1 garage spaces
Property description
Savvy buyers can take advantage of an assumable VA loan at 4.875% interest rate! Turnkey, fully-updated triplex at 7230 Basel St generating $7,750/mo. All three units feature modern interiors (newer flooring, paint, appliances, refreshed kitchens/baths), in-unit laundry, and a new roof (2023). Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo. Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo. Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR). Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo. Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures. Proforma in MLS Docs - Seller is Owner/Agent
Listed by
Listing Agent - Christopher Porter
Listing Office - Real Broker Alaska
Source: Alaska MLS mls logo
MLS#25-11650 • last updated 7 months ago
Movoto checked Alaska MLS for data 4 minutes ago
Overview
Status Closed
SqFt 3828
MLS # 25-11650
Type Multi-Family
Lot Size (Acres) 0.24
Lot Size (SqFt) 10400
Year Built 1984
Interior
Total # of Bathrooms 6
# Full Baths 6
# Bedrooms 10
Flooring Carpet, Luxury Vinyl, Tile
Exterior
Construction Block
Roof Shingle
Foundation Block
# Open Parking Spaces 8
Parking Desc Attached
# Garage Spaces 1
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Area 1A - Anchorage Municipality
Elementary School Abbott Loop
High School Service
Middle School Hanshew
Zoning R2M - Multi Family Residential
APN 141341000001
Directions From Lake Otis Go West On E 72nd Ave, Turn Left On Basel Street.
Multifamily Details
Total # Of Buildings 1
Total # Of Units 3
Expense: Trash 70
Expense: Water/ Sewer 166
Expense: Electricity 270
Lot/ Land Details
Frontage None
Road Surface Paved, Maintained
  • Jan 2026
    mls logo MLS # 25-11650
  • Jan 23, 2026 Pending
    —
  • Sep 8, 2025 Listed
    $875,000 (+25.2%)
  • Apr 2022
    mls logo MLS # 22-4373
  • Apr 13, 2022 Listed
    $699,000
  • Year Property taxes Tax assessment
  • 2025
    $9,615 +4.4%
    $570,500
  • 2024
    $9,211 +3.9%
    $570,500 +9.59%
  • 2023
    $8,866 +3.6%
    $520,600 +2.4%
  • 2022
    $8,561 -0.4%
    $508,400 +6.54%
  • 2021
    $8,599 +5.5%
    $477,200 -0.5%
  • 2020
    $8,153 +13.3%
    $479,600 +9.07%
  • 2019
    $7,193 +92.5%
    $439,700 -11.92%
  • 2012
    $3,737
    $499,200
  • 7230 Basel St
    $875K
  • 1a - Anchorage Municipality
    $400K
  • 99507
    $439K +4% y/y
  • Anchorage
    $428K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

Around 1a - Anchorage Municipality

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  • 7230 Basel St
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