5325 E 40th Ave, Anchorage, AK 99508
Property image
Property image
OFF MARKET

5325 E 40th Ave
Anchorage, AK 99508

University Area
  • 3 Beds
  • 2 Baths
  • 2,002 sqft

$471,000

Trulia Estimate
as of Aug 11, 2026

$471,000

Trulia Estimate
as of Aug 11, 2026
3 Beds
2 Baths
2,002 sqft

Local Information

  • Map ViewExplore the area around 5325 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
1970
Living Area
2,002 sqft
Price/Sqft
$235

About this House

Great Duplex With Nice Remodeled Units. Large Lot With New Big Deck + 2 Sheds. Spacious Owners Unit, Large Bedrooms, New Flooring, Lights, Remodeled Kitchen+Bath. Solid Surface Countertops, Nice Cabinets, Tile Floor. Lighted Glass Block Accent. Renters Unit Remodeled Apso. Very Similar. Both Units Have Washer+Dryer. Easy Access.
5325 E 40th Ave, Anchorage, AK 99508 is a 3 bedroom, 2 bathroom, 2,002 sqft multi-family in University Area, built in 1970. It last sold for $0 on Oct 31, 2012. It is currently off market. The Trulia Estimate is $471,000, with a rent estimate of $2,466/month.

Home Details for 5325 E 40th Ave

Interior Features

Interior Details
BasementNumber of Rooms: 10
Heating & Cooling
Heating: Other, OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1970Year Updated: 1983
Property Type / Style
Property Type: Multi FamilyArchitecture: split level

Exterior Features

Exterior Home Features
Exterior: Wood

Community

Units in Building: 2

Lot Information

Lot Area: 9147 sqft

Price History for 5325 E 40th Ave

DatePriceEventSource
10/31/2012--Sold
AKMLS #12-12168
10/10/2006--Sold
AKMLS #06-12481
04/20/2006--Sold
N/A

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$6,103
Assessment$386,500
Home facts updated by county records

Comparable Sales for 5325 E 40th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3821 Checkmate Dr, Anchorage, AK
0.13
Multi-Family Home
-
04/21/26
5
2
1,900
3948 Boniface Pkwy, Anchorage, AK
0.07
Multi-Family Home
-
12/06/25
8
4
1,972
4106 Vance Dr, Anchorage, AK
0.40
Multi-Family Home
-
07/10/26
4
2
2,112
2942 Lily St, Anchorage, AK
0.63
Multi-Family Home
-
11/28/25
5
2
1,900
5013 Marlowe Ave, Anchorage, AK
0.81
Multi-Family Home
-
02/27/26
4
2
1,638
2718 Lee St, Anchorage, AK
0.78
Multi-Family Home
-
12/19/25
4
2
1,882
3309 Baxter Rd, Anchorage, AK
0.72
Multi-Family Home
-
06/12/26
4
2
2,886
5120 Hatcher Cir, Anchorage, AK
0.88
Multi-Family Home
-
12/19/25
6
2
2,400
6049 More Ln, Anchorage, AK
1.19
Multi-Family Home
-
10/30/25
4
2
1,758
2350 Success Dr, Anchorage, AK
1.11
Multi-Family Home
-
06/03/26
4
2
2,316

Nearby homes

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Assigned Schools

These are the assigned schools for 5325 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

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

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82 rentals with air conditioning in Anchorage, AK

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Explore by feature - Outdoor Space

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Homes for sale near 5325 E 40th Ave

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Off Market Homes Near 5325 E 40th Ave

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Frequently asked questions about 5325 E 40th Ave

  • What is 5325 E 40th Ave estimated to be worth?
    Trulia's estimated value for 5325 E 40th Ave in Anchorage, AK is $471,000.
  • What is the price history for 5325 E 40th Ave?
    5325 E 40th Ave in Anchorage, AK last sold in October 2012.
  • 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 5325 E 40th Ave have air conditioning?
    Yes, 5325 E 40th Ave in Anchorage, AK has air conditioning.