3231 E 42nd Ave, Anchorage, AK 99508
Office Nook Unit A
Living, Dining, Kitchen Un B
OFF MARKET

3231 E 42nd Ave
Anchorage, AK 99508

University Area
  • 4 Beds
  • 3 Baths
  • 2,245 sqft

$505,500

Trulia Estimate
as of Aug 13, 2026

$505,500

Trulia Estimate
as of Aug 13, 2026
4 Beds
3 Baths
2,245 sqft

Home Value

Trulia Estimate
$506K
Since last month
Decreased$9K (-1.7%)
Since last year
Increased$7K (+1.4%)
Since last sale
Increased$353K (+230.5%)
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 +54% in the last 10 years
MonthEstimated value
2026
August 2026$506K
July 2026$513K
June 2026$514K
May 2026$510K
April 2026$503K
March 2026$494K
February 2026$487K
January 2026$472K
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
0.28
Multi-Family Home
-
03/27/26
5
3
2,544
3701 Young St, Anchorage, AK
0.71
Multi-Family Home
-
04/10/26
6
3
2,968
3837 Williams St, Anchorage, AK
0.80
Multi-Family Home
-
09/30/25
4
2
1,632
3530 E 42nd Ave, Anchorage, AK
0.21
Multi-Family Home
-
07/11/26
12
6
6,120
4440 View Cir, Anchorage, AK
0.20
Multi-Family Home
-
10/07/25
8
7
6,398
4141 Grape Pl, Anchorage, AK
1.11
Multi-Family Home
-
12/09/25
4
2
2,080
4640 Piper St, Anchorage, AK
0.33
Multi-Family Home
-
02/02/26
12
6
4,616
4106 Vance Dr, Anchorage, AK
0.92
Multi-Family Home
-
07/10/26
4
2
2,112
4130 Grape Pl, Anchorage, AK
1.14
Multi-Family Home
-
12/17/25
5
2
1,956
4140 Grape Pl, Anchorage, AK
1.14
Multi-Family Home
-
12/17/25
5
2
1,956

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
3230 E 41st Ave, Anchorage, AK 99508
0.03
$558,300
6
5
3,032
Off Market
3300 E 41st Ave, Anchorage, AK 99508
0.04
$533,800
4
3
2,626
Off Market
3123 E 42nd Ave, Anchorage, AK 99508
0.06
$639,400
4
3
4,303
Off Market
3241 E 43rd Rd, Anchorage, AK 99508
0.06
$413,000
3
2
1,050
Off Market
3201 E 43rd Ave, Anchorage, AK 99508
0.07
-
4
2
1,872
Recently Sold
3133 E 43rd Ave, Anchorage, AK 99508
0.08
$484,000
4
2
1,976
Off Market
3123 E 43rd Ave, Anchorage, AK 99508
0.08
$765,300
8
6
3,750
Off Market
3111 E 41st Ave, Anchorage, AK 99508
0.09
$608,300
6
4
2,531
Off Market
3100 E 42nd Ave, Anchorage, AK 99508
0.09
$362,400
4
2
1,656
Off Market
L15 E 43rd 15 Anchorage #15, Anchorage, AK 99508
0.10
$392,500
3
2.5
1,846
Off Market
L10 E 43rd, Anchorage, AK 99508
0.10
$394,200
3
2.5
1,846
Off Market
L12 E 43rd, Anchorage, AK 99508
0.10
$388,100
3
2.5
1,846
Off Market

Local Information

  • Map ViewExplore the area around 3231 E 42nd Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1978
Living Area
2,245 sqft
Price/Sqft
$225

About this House

3231 E. 42nd Ave. - Anchorage Duplex Great Duplex in an easy to rent location. Remodeled duplex in quiet neighborhood near hospitals and universities. 4 bedrooms, 3 baths.

Entire building was remodeled in 2009 with new roofing, new windows and doors, new flooring throughout (no carpet), new kitchen cabinets and granite counter-tops, new bathrooms, new interior and exterior paint, new light fixtures and window coverings, and a wood privacy fence. Off street parking for 6 vehicles. New washers and refrigerators.

Each unit has an open concept floor plan with 2 bedrooms.

Front unit has master bedroom with walk-in closet and 3/4 bath. Other bedroom has 2 closets and hall bath adjacent. Large living / dining / kitchen area with island and elevated breakfast bar, sunny southern exposure, office nook, separate laundry room, covered front and rear porches, large wood deck, fenced yard.

Rear unit has sidewalk to covered entry, large entry closet, large living / dining area, kitchen overlooks rear yard, 2 bedrooms and 1 bath. Washer and dryer in unit. Large rear wood deck with large fenced yard.

Great location. Great neighbors. Shed for storage of off-season items (snow tires, etc). Our renters typically stay for several years. Annual income $40,800+.

Please do not bother the tenants. Front unit will be available 9/15.
3231 E 42nd Ave, Anchorage, AK 99508 is a 4 bedroom, 3 bathroom, 2,245 sqft multi-family in University Area, built in 1978. It last sold for $153,000 on Apr 28, 2003. It is currently off market. The Trulia Estimate is $505,500, with a rent estimate of $2,261/month.

Home Details for 3231 E 42nd Ave

Interior Features

Heating & Cooling
Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8

Property Information

Year Built
Year Built: 1978Year Updated: 2009
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
Parking: Off Street

Community

Units in Building: 2

Lot Information

Lot Area: 8040 sqft

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Sep 8, 2015
Source: N/A
ListingRemoved
$369,000
Sep 2, 2015
Source: N/A
Listed For Sale
$369,000
Jul 18, 2009
Source: Agent Provided
ListingRemoved
$259,000
May 23, 2009
Source: Agent Provided
Listed For Sale
$259,000

Market trends in Anchorage

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$417K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$255
$3MoM
Available listings
599
58MoM
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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 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 3231 E 42nd Ave

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Off Market Homes Near 3231 E 42nd Ave

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Frequently asked questions about 3231 E 42nd Ave

  • What is 3231 E 42nd Ave estimated to be worth?
    Trulia's estimated value for 3231 E 42nd Ave in Anchorage, AK is $505,500.
  • What is the price history for 3231 E 42nd Ave?
    3231 E 42nd Ave in Anchorage, AK last sold in April 2003.
  • 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 $417K. That is up $21.67K from the prior month.
  • Does 3231 E 42nd Ave have air conditioning?
    Yes, 3231 E 42nd Ave in Anchorage, AK has air conditioning.
  • Does 3231 E 42nd Ave have parking?
    Yes, 3231 E 42nd Ave in Anchorage, AK has on-site parking.