3231 E 42nd Ave, Anchorage, AK 99508
OFF MARKET

3231 E 42nd Ave
Anchorage, AK 99508

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

$501,600

Trulia Estimate
as of May 15, 2026

$501,600

Trulia Estimate
as of May 15, 2026
4 Beds
3 Baths
2,245 sqft

Local Information

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

Description

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.
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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

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 History for 3231 E 42nd Ave

DatePriceEventSource
03/24/2021ListingRemovedN/A
09/08/2015$369,000ListingRemovedN/A
09/02/2015$369,000Listed For SaleN/A
07/18/2009$259,000ListingRemovedAgent Provided
05/23/2009$259,000Listed For SaleAgent Provided
04/28/2003--Sold
N/A
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Property Tax and Assessment

Year2025
Tax$5,945
Assessment$376,500
Home facts updated by county records

Comparable Sales for 3231 E 42nd Ave

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
3837 Williams St, Anchorage, AK
0.80
Multi-Family Home
-
09/30/25
4
2
1,632
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
2330 Homestead Ct, Anchorage, AK
0.77
Multi-Family Home
-
08/12/25
8
4
3,672
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
3821 Checkmate Dr, Anchorage, AK
1.21
Multi-Family Home
-
04/21/26
5
2
1,900
4111 Grape Pl, Anchorage, AK
1.11
Multi-Family Home
-
09/05/25
9
4
3,696

Assigned Schools

These are the assigned schools for 3231 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

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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Off Market Homes Near 3231 E 42nd Ave

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3231 E 42nd Ave, Anchorage, AK 99508 is a 4 bedroom, 3 bathroom, 2,245 sqft multi-family built in 1978. 3231 E 42nd Ave is located in University Area, Anchorage. This property is not currently available for sale. 3231 E 42nd Ave was last sold on Apr 28, 2003 for $153,000. The current Trulia Estimate for 3231 E 42nd Ave is $501,600.