505 E  5th Ave, Anchorage, AK 99501
OFF MARKET

$218,700

Trulia Estimate
  • Studio
  • 768 sqft

505 E 5th Ave, Anchorage, AK 99501

Downtown

Home Value

Trulia Estimate
$219K
Since last month
Increased$400 (+0.2%)
Since last year
Increased$18K (+9.2%)
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 +14% in the last 10 years
MonthEstimated value
2026
October 2026$219K
September 2026$219K
August 2026$207K
July 2026$227K
June 2026$239K
May 2026$235K
April 2026$229K
March 2026$217K
February 2026$226K
January 2026$210K
2025
2024
2023

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
0.16
Single-Family Home
-
07/28/26
5
2
2,375
0.30
Single-Family Home
-
04/24/26
2
1.5
1,477
0.36
Single-Family Home
-
11/21/25
3
2
1,288
0.53
Single-Family Home
-
09/01/26
2
1
858
0.50
Single-Family Home
-
10/23/26
2
1
1,214
0.40
Single-Family Home
-
10/23/26
4
3.5
2,988
0.47
Single-Family Home
-
09/08/26
4
2.5
2,880
0.45
Single-Family Home
-
02/13/26
3
3
2,904
0.61
Single-Family Home
-
08/07/26
3
2
1,916
0.79
Single-Family Home
-
10/08/26
2
1
560

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
0.02
-
-
-
-
Off Market
0.02
-
-
-
-
Off Market
0.02
-
-
-
-
Off Market
0.03
$2,641,600
10
10
23,568
Off Market
0.04
$358,200
Studio
-
-
Off Market
0.04
-
2
50
23,568
Off Market
0.05
$342,300
10
1
2,000
Off Market
0.05
$590,000
3
2
2,208
For Sale
0.05
-
3
1
26,010
Off Market
0.06
$361,300
2
1
1,446
Off Market
0.06
-
-
-
-
Off Market
0.06
-
-
-
-
Off Market
0.06
$275,600
Studio
-
1,008
Off Market
0.07
-
1
1
640
Off Market
0.07
$175,000
1
1
900
Off Market
0.07
-
3
1
1,000
Off Market
0.07
$256,900
Studio
-
864
Off Market
0.07
-
-
-
-
Off Market
0.08
$245,100
2
1
1,008
Off Market
0.08
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 505 E 5th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
768 sqft
$285/sqft

About this House

This single-family home is located at 505 E 5th Ave, Anchorage, AK. 505 E 5th Ave is in the Downtown neighborhood in Anchorage, AK and in ZIP code 99501. This property has approximately 768 sqft of floor space. This property has a lot size of 7000 sqft.
505 E 5th Ave, Anchorage, AK 99501 is a studio, 768 sqft single-family home in Downtown. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $218,700, with a rent estimate of $2,130/month.

Home Details for 505 E 5th Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7000 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,390
$207,800
Home facts updated by county records

Market trends in Anchorage

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$434K
$1.17K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$260
$3
MoM
Available listings
653
32
MoM
Sourced by Trulia Market Trends

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

This October

Trick-or-Treat Score

Built from what locals say about Downtown.
  • 68% say there are sidewalks
  • 62% say there's holiday spirit
  • 36% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 13 Trulia users voted on each feature.
  • 83 % Say car is needed

  • 80 % Say it's dog friendly

  • 68 % Say there are sidewalks

  • 65 % Say parking is easy

  • 62 % Say there's holiday spirit

  • 59 % Say streets are well-lit

  • 59 % Say there's wildlife

  • 57 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to grocery stores

  • 54 % Say people would walk alone at night

  • 54 % Say yards are well-kept

  • 53 % Say kids play outside

  • 39 % Say it's quiet

  • 36 % Say neighbors are friendly

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Stacyhawkins907
    "Neighborhood watch due to all the homeless camps in this area. This is on the line being decent located downtown and bordering all the homeless camps and facilities."
  • Stacy H.
    "This neighborhood is between the nice and the seedy area. Huge homeless camp within 3 blocks. plenty of bus stops, walking distance to the heart of downtown."

LGBTQ Local Legal Protections

Frequently asked questions about 505 E 5th Ave

  • What is 505 E 5th Ave estimated to be worth?
    Trulia's estimated value for 505 E 5th Ave in Anchorage, AK is $218,700.
  • Is Anchorage a buyer's or seller's market?
    Anchorage is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Anchorage?
    The median sale price in Anchorage is $434K. That is down $1.17K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Anchorage, AK as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Downtown, Anchorage.
  • How big is the lot at 505 E 5th Ave?
    The lot at 505 E 5th Ave in Anchorage, AK is about 0.16 acres (7,000 sq ft).

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