625 E 22nd Ave
Anchorage, AK 99503
North Star
8 Beds
5.5 Baths
3,861 sqft
8 Beds
5.5 Baths
3,861 sqft
Local Information
© Google
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Description
GREAT INVESTMENT OPPORTUNITY!
Fully occupied 4-plex located in the heart of Midtown Anchorage, conveniently situated near Joint Base Elmendorf-Richardson, the Ted Stevens Anchorage International Airport, Downtown Anchorage, and all the city’s top amenities.
Nestled in a quiet neighborhood with easy access to the scenic Chester Creek Trail, which spans nearly 4 miles across Anchorage, this property offers a combination of location, flexibility, and income potential that’s hard to find.
This unique and versatile 4-plex currently operates with a mix of long-term and short-term rentals:
• Unit 1: 3 Bed | 1.5 Bath | 1,448 SqFt
• Unit 2: 2 Bed | 1.5 Bath | 944 SqFt
• Unit 3: 1 Bed | 1 Bath | 435 SqFt
• Unit 4: 2 Bed | 1.5 Bath | 952 SqFt
Two units are used as long-term rentals, while two units operate as fully furnished short-term rentals, providing the next owner with multiple income strategies.
Whether you're looking to maximize cash flow, house hack by living in one unit, or convert units to fit your preferred rental strategy, this property offers exceptional flexibility.
The short-term rental units come fully furnished, and furnishings can be included with the sale, creating a turnkey investment opportunity.
This cash-flowing property is ideal for investors looking to step directly into an income-producing asset.
Financials available upon request.
Fully occupied 4-plex located in the heart of Midtown Anchorage, conveniently situated near Joint Base Elmendorf-Richardson, the Ted Stevens Anchorage International Airport, Downtown Anchorage, and all the city’s top amenities.
Nestled in a quiet neighborhood with easy access to the scenic Chester Creek Trail, which spans nearly 4 miles across Anchorage, this property offers a combination of location, flexibility, and income potential that’s hard to find.
This unique and versatile 4-plex currently operates with a mix of long-term and short-term rentals:
• Unit 1: 3 Bed | 1.5 Bath | 1,448 SqFt
• Unit 2: 2 Bed | 1.5 Bath | 944 SqFt
• Unit 3: 1 Bed | 1 Bath | 435 SqFt
• Unit 4: 2 Bed | 1.5 Bath | 952 SqFt
Two units are used as long-term rentals, while two units operate as fully furnished short-term rentals, providing the next owner with multiple income strategies.
Whether you're looking to maximize cash flow, house hack by living in one unit, or convert units to fit your preferred rental strategy, this property offers exceptional flexibility.
The short-term rental units come fully furnished, and furnishings can be included with the sale, creating a turnkey investment opportunity.
This cash-flowing property is ideal for investors looking to step directly into an income-producing asset.
Financials available upon request.
Home Highlights
Parking
No Info
Outdoor
Porch, Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
$194
Listed
77 days ago
Home Details for 625 E 22nd Ave
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Interior Details BasementAtticTypes of Rooms: Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, PantryCeiling Fan |
Heating & Cooling Heating: Baseboard, GasHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Laminate |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: WoodLawnPatioPorch |
Parking & Garage Parking Spaces: 11Parking: Carport, Off Street |
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Days on Market: 77 days on Trulia |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Single Family Home |
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Price Price Per Sqft: $194 |
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Lot Area: 7405 sqft |
Price History for 625 E 22nd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/04/2026 | $749,000 | Listed For Sale | N/A |
| 08/14/2018 | -- | Sold | AKMLS #18-2327 |
| 11/22/2005 | -- | Sold | AKMLS #05-109642 |
| 01/13/1998 | -- | Sold | AKMLS #97-78766 |
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Comparable Sales for 625 E 22nd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | - | 09/12/25 | 4 | 2 | 1,642 | |
0.17 | Single-Family Home | - | 09/05/25 | 3 | 1.5 | 1,369 | |
0.54 | Single-Family Home | - | 09/02/25 | 6 | 5.5 | 5,542 | |
0.69 | Single-Family Home | - | 05/06/26 | 4 | 3.5 | 3,077 | |
0.50 | Single-Family Home | - | 02/09/26 | 5 | 2 | 2,136 | |
0.46 | Single-Family Home | - | 03/13/26 | 4 | 2 | 2,354 | |
0.57 | Single-Family Home | - | 02/12/26 | 5 | 2 | 2,599 | |
0.40 | Single-Family Home | - | 05/12/26 | 4 | 1.5 | 1,768 | |
0.59 | Single-Family Home | - | 02/02/26 | 3 | 2.5 | 2,071 | |
0.99 | Single-Family Home | - | 03/06/26 | 6 | 3.5 | 3,042 |
Assigned Schools
These are the assigned schools for 625 E 22nd Ave.
- Central Middle School Of Science
- 6-8
- Public
- 371 Students
NAGreatSchools RatingParent Rating Averagethe homework was easy and people are nice hereParent Review4y ago - North Star Elementary School
- PK-6
- Public
- 391 Students
6/10GreatSchools RatingParent Rating AverageUnsafe, bad principal, drugs, strangers, and beer cans on playground, children are falling more behind, so many substitutes and non teachers, rat problem inside, inside smells moldy. Go to another school.Parent Review2y ago - West High School
- 9-12
- Public
- 1763 Students
5/10GreatSchools RatingParent Rating AverageI live in the Service neighborhood area, but I chose to go to West High for a reason. I am currently a 9th grader. West has the best students in Alaska by a landslide. It has the only IB program, the only Highly Gifted program, and some of the best sports teams in the state. It has so many opportunities for students to take. Through my first semester, my teachers have been great. If something is wrong, just talk to them and they are more than happy to fix it. Most of the students in the neighborhood school program aren't the best learners, or at least aren't motivated to learn. However, motivated students have options for a high level of learning. West is in the Anchorage School District, which has had some problems with funding recently, so some programs may be cut. However, I would still recommend West as the high school of choice in Anchorage. If it is too long of a drive, Service High and South High aren't bad options either.Student Review2y ago 
Check out schools near 625 E 22nd Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about North Star
At least 23 Trulia users voted on each feature.
88 % Say it's dog friendly
81 % Say it's walkable to restaurants
78 % Say yards are well-kept
70 % Say there are sidewalks
69 % Say there's wildlife
67 % Say car is needed
67 % Say there's holiday spirit
65 % Say it's walkable to grocery stores
61 % Say parking is easy
59 % Say streets are well-lit
58 % Say kids play outside
48 % Say neighbors are friendly
44 % Say people would walk alone at night
35 % Say they plan to stay for at least 5 years
34 % Say there are community events
33 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
625 E 22nd Ave, Anchorage, AK 99503 is a 8 bedroom, 7 bathroom, 3,861 sqft single-family home built in 1983. 625 E 22nd Ave is located in North Star, Anchorage. This property is currently available for sale and was listed on Mar 4, 2026.