2864 E 42nd Ave, Anchorage, AK 99508
OFF MARKET

2864 E 42nd Ave
Anchorage, AK 99508

University Area
  • 4 Beds
  • 2 Baths
  • 1,420 sqft (on 0.25 acres)

$505,200

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $3,204/mo*
Refinance Your Home

$505,200

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $3,204/mo*
Refinance Your Home
4 Beds
2 Baths
1,420 sqft
(on 0.25 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

MUNI Calls it a Duplex with 2 Cabins. All 4 Units Rent! Fabulous cash flow for the investor! Super cute well done and updated 3 Small and 1 Tiny House. Each unit has one bedroom and one bathroom. Many built-ins including the beds with dressers. So very well done! Long term renters. Each unit also has its own lockable storage building.Owner occupy and live virtually free, rent as BnB's, or continue with long term rentals. Each unit has it owns heating and hot water system. There are a total of 8 raised garden beds, 7 producing apples trees, and a sweet little court yard. Units are separate buildings so no common area to be concerned about and each tenant has there own 4 walls! Next summer Muni is putting in brand new water lines and septic lines! One unit has historical interest as it once was a 10 man barracks on the base, back in the day, although hard to see that now - its beautiful! Nice walkway to each unit off the ground. Various improvements have been made throughout the years! Muni says building was built 1963, however the Tiny House was built in 1979, there was an old mobile home from 1963 that has been removed long ago! Rent all 4 to create a wonderful cash flow opportunity or live in one unit and rent the others. Great area close to medical! Units are always rented. Currently owner occupies one unit. Rents are consistent for the 3 rented units bringing in $3,400 per month. Seller pays utilities. Rents have not been increased in quite a while.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 14, 2025

Home Highlights

Parking
2 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 2864 E 42nd Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1420 Square Feet
Appliances & Utilities
Appliances: Washer/DryerLaundry: Common Area
Heating & Cooling
Heating: Has Heating Unspecified TypeHas HeatingHeating Fuel: Has Heating Unspecified Type
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Other
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: No Carport,No Garage
Frontage
Waterfront: No Access, NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Property Information

Year Built
Year Built: 1963Year Renovated: 2018
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: Quadruplex, Other - See RemarksArchitecture: Quadruplex, Other - See Remarks
Building
Construction Materials: Wood Siding, FrameNot a New Construction
Property Information
Parcel Number: 0080324100001

Price & Status

Price
List Price: $475,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Anchorage
School Information
Elementary School: Lake OtisJr High / Middle School: WendlerHigh School: Bettye Davis East Anchorage

Building

Building Area
Building Area: 1420 Square Feet

Lot Information

Lot Area: 10890 sqft

Miscellaneous

Mls Number: 24-12236
Last check for updates: about 19 hours ago
Listed by Sheila Monson
Keller Williams Realty Alaska Group of Wasilla
Bought with: Keenan W Fitzpatrick, Real Broker Alaska
Source: AKMLS, MLS#24-12236

Price History for 2864 E 42nd Ave

DatePriceEventSource
01/13/2025--Sold
AKMLS #24-12236
10/17/2024$475,000PendingAKMLS #24-12236
10/09/2024$475,000Listed For SaleAKMLS #24-12236
05/01/2012--Sold
N/A
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$6,215
Assessment$393,600
Home facts updated by county records

Comparable Sales for 2864 E 42nd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3837 Williams St, Anchorage, AK
0.56
Multi-Family Home
-
09/30/25
4
2
1,632
3216 E 46th Ave, Anchorage, AK
0.35
Multi-Family Home
-
03/27/26
5
3
2,544
4141 Grape Pl, Anchorage, AK
0.85
Multi-Family Home
-
12/09/25
4
2
2,080
4140 Grape Pl, Anchorage, AK
0.89
Multi-Family Home
-
12/17/25
5
2
1,956
4130 Grape Pl, Anchorage, AK
0.89
Multi-Family Home
-
12/17/25
5
2
1,956
3701 Young St, Anchorage, AK
0.50
Multi-Family Home
-
04/10/26
6
3
2,968
2330 Homestead Ct, Anchorage, AK
0.53
Multi-Family Home
-
08/12/25
8
4
3,672
4640 Piper St, Anchorage, AK
0.30
Multi-Family Home
-
02/02/26
12
6
4,616
4440 View Cir, Anchorage, AK
0.37
Multi-Family Home
-
10/07/25
8
7
6,398
4111 Grape Pl, Anchorage, AK
0.85
Multi-Family Home
-
09/05/25
9
4
3,696

Assigned Schools

These are the assigned schools for 2864 E 42nd Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about University Area

At least 18 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 82 % Say car is needed

  • 75 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 71 % Say streets are well-lit

  • 69 % Say there's wildlife

  • 69 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 59 % Say there are sidewalks

  • 50 % Say they plan to stay for at least 5 years

  • 48 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 13 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Lynda S
    "UMED district is a quiet neighborhood with several professionals living in the area as it’s close to UA and Providence. It’s close to trails. Neighbors are great and it’s pet friendly. "
    2
    Flag
  • Trulia User
    "There’s lots of trails in the area to go on runs/walks that connect to some parks. All the dogs that are in the area do seem friendly and like other dogs and children."
    0
    Flag
  • Trulia User
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
    0
    Flag
  • Anthony L.
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
    0
    Flag
  • Ahydak
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
    3
    Flag
  • Ahydak
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
    5
    Flag
  • Paige K.
    "It’s within walking distance of the dog park. The sidewalks and trails are well maintained. A majority of the houses have fenced yards."
    0
    Flag
  • Andrea
    "This neighborhood is prone to high crime due to large number of low income apartments and rentals nearby as well as a homeless shelter. Large numbers of homeless inebriates roam the area."
    13
    Flag
  • Devyn K.
    "I live near the hospital and traffic can be rough in the morning especially because Tudor is a very busy road but one that is most convenient for our daily commute. Other than that, I love this area so much. It’s close to APU and UAA and my work ANMC. People are friendly. The crime is low here."
    1
    Flag
  • Shawnalee W.
    "great trail access, a dog park, and a location that keeps you less than 5 mins away from universities and medical campuses, under 10 mins to midtown shopping, and about 12 mins to downtown. great location! plus we're home to East High, the most diverse high school in the country!"
    7
    Flag
  • E210wench
    "This neighborhood is 15-20 minutes in any direction from the wilds of South Central Alaska, or in Downtown Anchorage. Yet grocery stores, gas stations, schools and restaurants are within 5-8 miles. There are 2 major hospitals within walking distance for great jobs. City bus service in any direction is one block away."
    1
    Flag
  • Sarah S.
    "It seems to be a dog friendly area. I would recommend living here if you want to live close to the university and own a dog."
    0
    Flag
  • Gabby A. O.
    "The University area isn’t very dog friendly. Affordable homes that are nice don’t allow pets, but the ones that do allow pets aren’t as nice. Overall, great management but pet owners beware"
    0
    Flag
  • Queen B.
    "Lived here for a year and neighbors and friendly. Nice neighborhood and very clean. Lots of neighbors walk their dog and keep an eye out for unusual activity."
    6
    Flag
  • ak_edm
    "near a dog park, two hospital campuses, the University of Alaska campus and the Alaska Airlines Center that hosts shorts and national concert tours. "
    2
    Flag
  • Megakarl99
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
    2
    Flag
  • Kerri C.
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
    2
    Flag
  • alexis m.
    "I live in the area and it is close to restaurants, universities and hospitals. The neighborhood is safe with active police officers living in the area. The drive to midtown is about 7 minutes and 10 to downtown. Close to trails for walking and bike rides."
    3
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature

Homes for sale near 2864 E 42nd Ave

Skip to last item
Skip to first item

Off Market Homes Near 2864 E 42nd Ave

Skip to last item
Skip to first item
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.

Homes for rent near 2864 E 42nd Ave

Skip to last item
  • Results are loading
Skip to first item
2864 E 42nd Ave, Anchorage, AK 99508 is a 4 bedroom, 4 bathroom, 1,420 sqft multi-family built in 1963. 2864 E 42nd Ave is located in University Area, Anchorage. This property is not currently available for sale. 2864 E 42nd Ave was last sold on Jan 13, 2025 for $0. The current Trulia Estimate for 2864 E 42nd Ave is $505,200.