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For sale
    • $650,000

    3941 Merrill Dr, Anchorage, AK 99517

    4beds
    1,904sqft
    : 
    $4,476/mo
    Get pre-qualified
    Multi Family
    Built in 1964
    -- sqft lot
    $547,600 Zestimate®
    $341/sqft
    $-- HOA

    What's special

    Don't miss out on this unicorn of a property. Hard to find 4plex with garages that cashflows at this price point and is well kept with newer bedroom windows, a new boiler, roof maintenance kept up on, new flooring and extremely low wear for it's age. All units are fully furnished and monthly rents average over $2,000! This building is a cash cow with big CapEx items accounted for!
    10 days
    |
    495
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keenan W Fitzpatrick,

    Real Broker Alaska

    Source: AKMLS,MLS#: 26-10271MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Appliances
      • Laundry: Common Area
      Features
      • Flooring: Carpet, Laminate, Luxury Vinyl
      • Has basement: No
      Interior area
      • Total structure area: 1,904
      • Total interior livable area: 1,904 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: No Carport, Attached
      • Attached garage spaces: 4
      Features
      • Waterfront features: No Access, None
      Lot
      • Size: 10,018 Square Feet
      • Features: City Lot
      • Topography: Level
      Details
      • Parcel number: 0101910300001
      • Zoning: R2M
      • Zoning description: Multi Family Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1964
      • Major remodel year: 2026
      Details
      • Builder name: Jack Stephl

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Anchorage

      Financial & listing details

      • Price per square foot: $341/sqft
      • Annual tax amount: $8,062
      • Date on market: 8/12/2026

        Estimated market value

        $547,600

        $471,000 - $635,000

        $2,404/mo

        Price history

        DateEventPrice
        8/21/2026Listed for sale$650,000+26.2%$341/sqft
        Source: AKMLS #26-10271 Report a problem
        8/5/2026Listing removed$1,800$1/sqft
        Source: Zillow Rentals Report a problem
        7/2/2026Listed for rent$1,800$1/sqft
        Source: Zillow Rentals Report a problem
        6/15/2026Listing removed$1,800$1/sqft
        Source: Zillow Rentals Report a problem
        6/2/2026Price change$1,800-18.2%$1/sqft
        Source: Zillow Rentals Report a problem
        4/25/2026Listed for rent$2,200+18.9%$1/sqft
        Source: Zillow Rentals Report a problem
        3/7/2026Listing removed$1,850$1/sqft
        Source: Zillow Rentals Report a problem
        2/4/2026Listed for rent$1,850$1/sqft
        Source: Zillow Rentals Report a problem
        3/18/2025Sold--
        Source: AKMLS #25-1044 Report a problem
        2/6/2025Pending sale$515,000$270/sqft
        Source: AKMLS #25-1044 Report a problem
        2/3/2025Listed for sale$515,000$270/sqft
        Source: AKMLS #25-1044 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Turnagain

        Getting around

        50 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lake Hood
        • Middle: Romig
        • High: West Anchorage

        Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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