8000 Queen Victoria Drive

Anchorage, AK 99518

Turnkey South Anchorage 4-plex offering exceptional cash flow and long-term upside. This townhouse-style multifamily property features four spacious 3-bedroom, 2-bathroom units, each with an attached 1-car garage -- a rare amenity that commands strong tenant retention in the Anchorage market. Units are thoughtfully designed with vaulted ceilings in the living areas and primary bedrooms featuring walk-in closets, delivering a quality of finish that attracts and keeps quality tenants. The property sits on an oversized lot backing directly to a greenbelt, providing the privacy and setting more commonly found in single-family neighborhoods -- because that's exactly where it is. Surrounded by owner-occupied homes, this asset benefits from a stable, desirable residential environment that supports consistent occupancy. Current gross rents of averaging over $2,000 a unit with tenants responsible for gas, electric, AND trash keeps operating expenses lean and puts more income in the owner's pocket. Whether you're a seasoned investor adding to your portfolio or a first-time multifamily buyer looking for a strong performing asset, this property delivers the fundamentals: quality construction, low-maintenance expenses, desirable location, and tenants who take pride in where they live. Opportunities like this -- townhouse-style units with garages, greenbelt privacy, and a proven rent roll in South Anchorage -- don't come to market often.

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