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Property Description

Exceptional Fourplex Investment Opportunity Just Outside City Limits

Rare opportunity to own a well-maintained fourplex just outside Wasilla city limits - enjoy lower taxes while still being minutes from town amenities. This 8-bedroom, 4-bath multi-family property offers a perfect blend of comfort and investment potential, ideal for owner-occupants seeking rental income. Each of the four units features 2 spacious bedrooms and 1 full bathroom, designed for maximum functionality and tenant appeal. Units include in-unit washers and dryers, saving tenants time and money while reducing maintenance headaches for the owner. Private one-car garages for each unit provide secure parking and added storage, a rare and highly sought-after feature in the local rental market.

All units are currently rented below market value, giving new owners the opportunity to increase cash flow over time by adjusting rents to meet current market rates. Whether you choose to live in one unit or lease all four, there's clear, built-in equity growth through rental optimization.

The property is situated on a quiet, accessible road with plenty of outdoor space, offering a more private, relaxed setting than properties located within city boundaries. Strong rental demand in this area means high occupancy rates and consistent cash flow potential. Live in one unit and let the other three units offset your mortgage - or generate passive income from all four.

Why buy a single-family home when you can live for less and build wealth at the same time? With limited multi-family inventory in the Wasilla area, this is your chance to secure a property that pays you back every month.

Don't miss out - opportunities like this move fast. Schedule your showing today and take the first step toward financial freedom!

Overview

Property Status
Pending
Lot Size
0.92 Acres
MLS ID
25-6514
Property Type
Other
Year Built
2004

Features & Amenities

Total Area
4,400 Sq.Ft.
Neighborhood
Wasilla
Garage Spaces
4.0
Parking
Attached
Heat Type
Baseboard
Sewer
Septic Tank
Substructure
Concrete Perimeter
Elementary School
Tanaina
Middle School
Teeland
High School
Wasilla
Sales Price
$680,000
Real Estate Tax
$7,032/yr
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Downloads

500 W Roy Road

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for your interest in 500 W Roy Road, Wasilla, AK 99654

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  • Rare opportunity to own a well-maintained fourplex just outside Wasilla city.

    Scott Blair

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500 W Roy Road

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