3120 E 40th Ave, Anchorage, AK 99508
Property image
Property image
OFF MARKET

$422,400

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,456 sqft

3120 E 40th Ave, Anchorage, AK 99508

University Area
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Home Value

Trulia Estimate
$422K
Since last month
Increased$4K (+0.9%)
Since last year
Increased$22K (+5.6%)
Since last sale
Increased$130K (+44.8%)
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 +62% in the last 10 years
MonthEstimated value
2026
October 2026$420K
September 2026$419K
August 2026$416K
July 2026$418K
June 2026$425K
May 2026$420K
April 2026$413K
March 2026$402K
February 2026$400K
January 2026$386K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
3216 E 46th Ave, Anchorage, AK
0.37
Multi-Family Home
-
03/27/26
5
3
2,544
4141 Grape Pl, Anchorage, AK
1.05
Multi-Family Home
-
12/09/25
4
2
2,080
3701 Young St, Anchorage, AK
0.62
Multi-Family Home
-
04/10/26
6
3
2,968
4130 Grape Pl, Anchorage, AK
1.09
Multi-Family Home
-
12/17/25
5
2
1,956
4140 Grape Pl, Anchorage, AK
1.09
Multi-Family Home
-
12/17/25
5
2
1,956
4106 Vance Dr, Anchorage, AK
0.98
Multi-Family Home
-
07/10/26
4
2
2,112
3530 E 42nd Ave, Anchorage, AK
0.29
Multi-Family Home
-
07/11/26
12
6
6,120
3821 Checkmate Dr, Anchorage, AK
1.26
Multi-Family Home
-
04/21/26
5
2
1,900
4440 View Cir, Anchorage, AK
0.31
Multi-Family Home
-
10/07/25
8
7
6,398
5013 Marlowe Ave, Anchorage, AK
1.41
Multi-Family Home
-
02/27/26
4
2
1,638

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
3130 E 40th Ave, Anchorage, AK 99508
0.01
$378,700
4
2
1,280
Off Market
3110 E 40th Ave, Anchorage, AK 99508
0.01
$444,800
4
2
1,920
Off Market
3110 E 40th Ave #B, Anchorage, AK 99508
0.01
-
2
1
950
Off Market
3200 E 40th Ave, Anchorage, AK 99508
0.02
$410,600
4
2
1,960
Off Market
4001 Piper St, Anchorage, AK 99508
0.02
$462,400
4
2
1,560
Off Market
4001 Piper St #A, Anchorage, AK 99508
0.02
-
2
1
-
Off Market
3123 E 41st Ave, Anchorage, AK 99508
0.03
$691,600
6
5
2,830
Off Market
3133 E 41st Ave, Anchorage, AK 99508
0.03
$471,100
4
2
2,360
Off Market
3133 E 41st Ave #1, Anchorage, AK 99508
0.03
-
2
1
-
Off Market
3111 E 41st Ave #A, Anchorage, AK 99508
0.03
-
3
2
2,554
Off Market
3111 E 41st Ave, Anchorage, AK 99508
0.03
$599,300
6
4
2,531
Off Market
3201 E 41st Ave #B, Anchorage, AK 99508
0.03
-
2
1
1,100
Off Market
3201 E 41st Ave #A, Anchorage, AK 99508
0.03
-
2
1
1,200
Off Market
3210 E 40th Ave, Anchorage, AK 99508
0.03
$365,700
3
2
1,152
Off Market
3201 E 41st Ave, Anchorage, AK 99508
0.03
$471,300
4
2
2,360
Off Market
4021 Piper St, Anchorage, AK 99508
0.04
$547,300
6
3
2,302
Off Market
4023 Piper St #4021, Anchorage, AK 99508
0.04
-
-
-
-
Off Market
4023 Piper St, Anchorage, AK 99508
0.04
-
3
2
-
Off Market
3211 E 41st Ave, Anchorage, AK 99508
0.04
$480,000
5
3
1,920
Off Market
3220 E 40th Ave, Anchorage, AK 99508
0.04
-
3
1.5
1,075
Recently Sold

Local Information

  • Map ViewExplore the area around 3120 E 40th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1968
1,456 sqft
$290/sqft

About this House

Super cute midtown Duplex next to the desirable U-Med District. Both units are recently updated with new appliances, carpet, paint and look fantastic. Beautiful landscaping and character on this spacious lot with raspberry bushes, two storage sheds and plenty of privacy. This is a terrific opportunity to live close to work and have an easy mortgage payment!
3120 E 40th Ave, Anchorage, AK 99508 is a 4 bedroom, 2 bathroom, 1,456 sqft multi-family in University Area, built in 1968. It was last sold on Sep 8, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $422,400, with a rent estimate of $2,094/month.

Home Details for 3120 E 40th Ave

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Interior Details
Number of Rooms: 9
Appliances & Utilities
DryerWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood

Property Information

Year Built
Year Built: 1968Year Updated: 1970
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Community

Units in Building: 2

Lot Information

Lot Area: 8084 sqft

Price and Tax history

DateEventPrice
Sep 8, 2017
Source: AKMLS #438003_17-13039
Sold
--
Aug 2, 2017
Source: Agent Provided
Pending
$285,000
Aug 1, 2017
Source: Agent Provided
Listed For Sale
$285,000
Aug 9, 2013
Source: AKMLS #13-8929
Sold
--
Sep 24, 1996
Source: AKMLS #96-76707
Sold
--

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

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

What Locals Say about University Area

At least 19 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 83 % Say car is needed

  • 73 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 69 % Say streets are well-lit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 16 % 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

Frequently asked questions about 3120 E 40th Ave

  • What is 3120 E 40th Ave estimated to be worth?
    Trulia's estimated value for 3120 E 40th Ave in Anchorage, AK is $422,400.
  • What is the price history for 3120 E 40th Ave?
    3120 E 40th Ave in Anchorage, AK last sold in September 2017.
  • 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.
  • Does 3120 E 40th Ave have air conditioning?
    Yes, 3120 E 40th Ave in Anchorage, AK has air conditioning.
  • Does 3120 E 40th Ave have laundry facilities?
    Yes, 3120 E 40th Ave in Anchorage, AK has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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