1301 W 40th Ave, Anchorage, AK 99503
Property image
Property image
OFF MARKET

$553,100

Trulia Estimate
  • 6 Beds
  • 3 Baths
  • 2,687 sqft

1301 W 40th Ave, Anchorage, AK 99503

Spenard
Refinance Your Home

Home Value

Trulia Estimate
$553K
Since last month
Increased$9K (+1.7%)
Since last year
Increased$41K (+8%)
Since last sale
Increased$204K (+58.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +24% in the last 10 years
MonthEstimated value
2026
September 2026$553K
August 2026$544K
July 2026$529K
June 2026$533K
May 2026$534K
March 2026$510K
February 2026$521K
January 2026$514K
2025
2024
2023
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4209 Hayes St, Anchorage, AK
0.20
Multi-Family Home
-
02/02/26
6
4
2,600
3909 Cope St, Anchorage, AK
0.16
Multi-Family Home
-
07/22/26
4
2.5
2,238
4207 Cope St, Anchorage, AK
0.23
Multi-Family Home
-
05/18/26
7
4
2,978
4109 Garfield St, Anchorage, AK
0.11
Multi-Family Home
-
09/26/25
6
2
2,016
4102 Cope St, Anchorage, AK
0.16
Multi-Family Home
-
10/07/25
4
4
2,392
4004 Cope St, Anchorage, AK
0.15
Multi-Family Home
-
04/10/26
9
4
4,208
4309 Garfield St, Anchorage, AK
0.24
Multi-Family Home
-
12/05/25
6
3
3,016
4101 N Star St, Anchorage, AK
0.25
Multi-Family Home
-
04/30/26
5
2
2,028
3405 Dorbrandt St, Anchorage, AK
0.36
Multi-Family Home
-
07/28/26
8
4
3,380
4309 Wilson St, Anchorage, AK
0.25
Multi-Family Home
-
01/09/26
12
4
4,416

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1306 W 39th Pl, Anchorage, AK 99503
0.01
$731,100
8
4
3,248
Off Market
1311 W 40th Ave, Anchorage, AK 99503
0.03
$426,700
6
4
3,043
Off Market
3807 McCain Loop, Anchorage, AK 99503
0.11
$413,500
-
-
-
Off Market
4004 Garfield St, Anchorage, AK 99503
0.08
$375,000
3
2
1,902
For Sale
3721 McCain Loop, Anchorage, AK
0.11
$289,300
3
1
1,040
Off Market
4006 Gilmore Ct, Anchorage, AK 99503
0.11
$390,600
3
2
1,920
Off Market
4107 Harrison St, Anchorage, AK 99503
0.11
$416,900
3
3
1,176
Off Market
4007 Gilmore Ct, Anchorage, AK 99503
0.14
$404,700
4
2
1,824
Off Market
4109 Harrison Ave, Anchorage, AK 99503
0.12
$598,300
6
6
2,562
Off Market
3729 McCain Loop, Anchorage, AK 99503
0.13
$455,500
4
2
2,670
For Sale
4109 Garfield St, Anchorage, AK 99503
0.11
$530,000
6
2
2,016
Off Market

Local Information

  • Map ViewExplore the area around 1301 W 40th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1976
2,687 sqft
$206/sqft

About this House

What's unique:New heating systemNew hot water heaterFenced lot
Updated triplex with carport. One unit available for owner occupant. Nice fenced lot, near shopping and schools. New heating system and new hotwater heater.
1301 W 40th Ave, Anchorage, AK 99503 is a 6 bedroom, 3 bathroom, 2,687 sqft multi-family in Spenard, built in 1976. It was last sold on Jan 31, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $553,100, with a rent estimate of $2,208/month.
Last check for updates: about 3 hours ago
Listed by Jim Murphy
Real Broker Alaska
Brad Lowery
Real Broker Alaska
Bought with: Rod Rodriguez, Herrington and Company, LLC
Source: AKMLS, MLS#24-9735

Home Details for 1301 W 40th Ave

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2687 Square Feet
Heating & Cooling
Heating: Has Heating Unspecified TypeHas HeatingHeating Fuel: Has Heating Unspecified Type
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Frontage
Waterfront: No Access, NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1976Year Renovated: 2023
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: TriplexArchitecture: Triplex
Building
Not a New Construction
Property Information
Parcel Number: 0101151800001

Price & Status

Price
List Price: $515,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Anchorage
School Information
Elementary School: BTV-Undiscl by LLJr High / Middle School: BTV-Undiscl by LLHigh School: BTV-Undiscl by LL

Building

Building Area
Building Area: 2687 Square Feet

Lot Information

Lot Area: 10018.8 sqft

Miscellaneous

Mls Number: 24-9735

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: AKMLS #24-9735
Sold
--
Dec 19, 2024
Source: AKMLS #24-9735
Pending
$515,000
Oct 29, 2024
Source: AKMLS #24-9735
PendingToActive
$515,000
Oct 13, 2024
Source: AKMLS #24-9735
Pending
$515,000
Sep 3, 2024
Source: AKMLS #24-9735
PriceChange
$515,000
Price decreased by 13%

Market trends in Anchorage

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$435K
$18.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$257
$3MoM
Available listings
685
86MoM

Around this home

Neighborhood Overview

Spenard
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Spenard

At least 67 Trulia users voted on each feature.

  • 80 % Say it's dog friendly

  • 77 % Say parking is easy

  • 77 % Say car is needed

  • 74 % Say there's holiday spirit

  • 71 % Say it's walkable to restaurants

  • 66 % Say there's wildlife

  • 62 % Say yards are well-kept

  • 60 % Say kids play outside

  • 51 % Say it's walkable to grocery stores

  • 49 % Say there are sidewalks

  • 47 % Say neighbors are friendly

  • 46 % Say streets are well-lit

  • 39 % Say people would walk alone at night

  • 38 % Say it's quiet

  • 28 % Say they plan to stay for at least 5 years

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anita Johnson
    "Spenard is slowly getting better but is a mixed community so still have to be careful. Love midtown!"
    0
    Flag
  • Trulia User
    "It's close to everything you need- grocery stores, gas stations, restaurants, parks, schools, salons, and the airport."
    2
    Flag
  • Trulia User
    "not bad of a drive in the summer.. sometimes kind of slick during winter.. but all in all its a good neighborhood"
    0
    Flag
  • Trulia User
    "Safe neighborhoods from anything including dogs being on leashes and it dont really go out. But surely safe parks for childrens "
    1
    Flag
  • Sydneycain907
    "Spenard is quirky. Fish Creek Park trail is nice and has just been redone. There are many rough spots along the actual Spenard road but most neighborhoods are pretty safe. Lots of families and kids."
    1
    Flag
  • Mekayla T.
    "There are a lot of owners who choose not to put leashes on their dogs. The area is full of vagrants and drunkards. Police sirens are heard from open windows at night, causing dogs to bark."
    1
    Flag
  • Salima J.
    "decent place to live for a decent price, like any other neighborhood you have to make safe decisions 😉 "
    1
    Flag
  • Matrona F.
    "that this is a nice neighborhood with a bad reputation. yes there is bums, hookers and drugs in this area but its really on one street and as long as I lived here I've learned that you wont really effect your home if you dont involve yourself.."
    10
    Flag
  • Arctickat
    "I have lived here for seven years. crime is somewhat a problem. you have to keep things locked up. we walk with dogs so there is minimal danger from the homeless population. while this is a fairly nice neighborhood there are bad elements.; "
    18
    Flag
  • Trulia User
    "I appreciate having a walkable distance to a classic restaurant, a bookstore & cafe, an elementary school and a rec center in this neighborhood!"
    3
    Flag
  • Trinalaskan
    "Too dangerous to walk your dogs. The crime level has increased tremendously in this area and I will not feel safe walking animals or kids. "
    3
    Flag
  • Sophielittee
    "Friendly neighbors, great access to midtown, close to down town and coastal trail. Eclectic and artistic. Great community with fun gatherings."
    5
    Flag
  • Rnlmeers
    "I’ve lived in the same house for 25 years. Other residences are multi units and people transition frequently. "
    4
    Flag
  • Cajones823
    "We live in Mid-town and it truly is the perfect location, 15 mins from EVERYTHING!"
    6
    Flag

LGBTQ Local Legal Protections

The 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 Zillow, Inc. 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Frequently asked questions about 1301 W 40th Ave

  • What is 1301 W 40th Ave estimated to be worth?
    Trulia's estimated value for 1301 W 40th Ave in Anchorage, AK is $553,100.
  • What is the price history for 1301 W 40th Ave?
    1301 W 40th Ave in Anchorage, AK last sold in January 2025.
  • Is Anchorage a buyer's or seller's market?
    Anchorage is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Anchorage?
    The median sale price in Anchorage is $435K. That is up $18.33K from the prior month.

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