5614 E  40th Ave #B204, Anchorage, AK 99504
Property image
Property image
OFF MARKET

$263,800

Trulia Estimate
as of Sep 2, 2026
  • 2 Beds
  • 2 Baths
  • 1,100 sqft
  • 2 Beds
  • 2 Baths
  • 1,100 sqft

5614 E 40th Ave #B204, Anchorage, AK 99504

University Area

Home Highlights

Property Type
Apartment
Living Area
1,100 sqft
Price/Sqft
$240
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 5614 E 40th Ave #B204.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to cozy & convenient!

This charming and freshly updated 2-bedroom, 2-bathroom boasts a warm and inviting living space! Apartment has a 1 car garage and 1 additional parking spot. Garage has some room for storage.

Located in a desirable area, this home is close to schools, parks, shopping, and dining options, ensuring a convenient lifestyle for its lucky occupants. U-Med District 5 minutes away. JBER 10 minutes away.

Tenant pays gas, electric, & wifi - For averages please call Enstar & Chugach Electric.
One dog allowed upon approval with additional pet deposit and pet rent.

For a showing please TEXT Katie @ (907)521-52fourone
Signature Real Estate Alaska
5614 E 40th Ave #B204, Anchorage, AK 99504 is a 2 bedroom, 2 bathroom, 1,100 sqft apartment in University Area. It last sold for the $1,900 asking price on Oct 31, 2014. More recently, it was listed as a rental in March 2026 with an asking price of $1,900 per month. That rental listing was removed on April 16, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $263,800, with a rent estimate of $2,068/month.

Home Details for 5614 E 40th Ave #B204

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Lawn
Parking & Garage
Parking: Attached, On Site

Comparable Sales for 5614 E 40th Ave #B204

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.61
Apartment
-
09/05/25
3
1
976 sqft
3.17
Apartment
-
05/26/26
2
1.5
1,000 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Anchorage

Last updated Sep 2026
Trulia Rent Estimate$2,068/mo
Average rent
$2K
$200
MoM
Available listings
504
View rental market trends in Anchorage, AK

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Area

At least 19 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

  • 70 % Say there's wildlife

  • 69 % Say streets are well-lit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 16 % 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. "
  • 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."
  • Trulia User
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
  • Anthony L.
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
  • Ahydak
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
  • Ahydak
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
  • 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."
  • 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."
  • 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."
  • 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!"
  • 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."
  • 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."
  • 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"
  • 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."
  • 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. "
  • Megakarl99
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
  • Kerri C.
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
  • 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."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 16, 2026
Source: Zillow Rentals
ListingRemoved
$1,900
Mar 24, 2026
Source: Zillow Rentals
Listed For Rent
$1,900
May 3, 2024
Source: Zillow Rentals
ListingRemoved
Apr 23, 2024
Source: Zillow Rentals
Listed For Rent
$1,800
Oct 31, 2014
Source: N/A
Sold
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Frequently asked questions about 5614 E 40th Ave #B204

  • What is 5614 E 40th Ave #B204 estimated to be worth?
    Trulia's estimated value for 5614 E 40th Ave #B204 in Anchorage, AK is $263,800.
  • What is the price history for 5614 E 40th Ave #B204?
    5614 E 40th Ave #B204 in Anchorage, AK last sold in October 2014.
  • 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 5614 E 40th Ave #B204 have laundry facilities?
    Yes, 5614 E 40th Ave #B204 in Anchorage, AK has in-unit laundry.
  • Does 5614 E 40th Ave #B204 have parking?
    Yes, 5614 E 40th Ave #B204 in Anchorage, AK has on-site parking.

Homes for rent near 5614 E 40th Ave #B204

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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