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

3120 E 40th Ave
Anchorage, AK 99508

University Area
  • 4 Beds
  • 2 Baths
  • 1,456 sqft

$413,100

Trulia Estimate
as of Aug 11, 2026

$413,100

Trulia Estimate
as of Aug 11, 2026
4 Beds
2 Baths
1,456 sqft

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

Property Type
Multi-Family
Year Built
1968
Living Area
1,456 sqft
Price/Sqft
$284

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 last sold for $290,000 on Sep 8, 2017. It is currently off market. The Trulia Estimate is $413,100, with a rent estimate of $2,140/month.

Home Details for 3120 E 40th Ave

Interior Features

Heating & Cooling
Heating: Baseboard, OtherAir 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 History for 3120 E 40th Ave

DatePriceEventSource
09/08/2017--Sold
AKMLS #438003_17-13039
08/02/2017$285,000PendingAgent Provided
08/01/2017$285,000Listed For SaleAgent Provided
08/09/2013--Sold
AKMLS #13-8929
09/24/1996--Sold
AKMLS #96-76707

Market trends in Anchorage

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$395K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$251
$3MoM
Available listings
541
30MoM
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Property Tax and Assessment

Year2025
Tax$4,562
Assessment$288,900
Home facts updated by county records

Comparable Sales for 3120 E 40th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3837 Williams St, Anchorage, AK
0.73
Multi-Family Home
-
09/30/25
4
2
1,632
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

Nearby homes

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Assigned Schools

These are the assigned schools for 3120 E 40th 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

  • 83 % Say car is needed

  • 73 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 71 % Say streets are well-lit

  • 69 % Say there's wildlife

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % 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

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 3120 E 40th Ave

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Off Market Homes Near 3120 E 40th Ave

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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 $413,100.
  • 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 $395K. That is up $3.33K 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.