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

505 E 5th Ave
Anchorage, AK 99501

Downtown
  • Studio
  • 768 sqft

$224,400

Trulia Estimate
as of Aug 8, 2026

$224,400

Trulia Estimate
as of Aug 8, 2026
Studio
768 sqft

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

Property Type
Single-Family Home
Living Area
768 sqft
Price/Sqft
$292

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. It is currently off market. The Trulia Estimate is $224,400, with a rent estimate of $1,633/month.

Home Details for 505 E 5th Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7000 sqft

Market trends in Anchorage

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

Year2025
Tax$2,390
Assessment$207,800
Home facts updated by county records

Comparable Sales for 505 E 5th Ave

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
0.37
Single-Family Home
-
09/24/25
2
1
776
0.62
Single-Family Home
-
08/13/25
1
1
527
0.45
Single-Family Home
-
02/13/26
3
3
2,904
0.61
Single-Family Home
-
08/07/26
3
2
1,916
0.59
Single-Family Home
-
03/18/26
2
1.5
2,484
0.59
Single-Family Home
-
02/12/26
5
2
2,599
0.56
Single-Family Home
-
05/06/26
4
3.5
3,077

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 505 E 5th Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

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

Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 505 E 5th Ave

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Off Market Homes Near 505 E 5th Ave

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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 $224,400.
  • 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.
  • 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).