LOCATION LOCATION LOCATION! CLOSE TO HATCHER PASS! Rare opportunity to own a thoughtfully designed detached duplex offering flexibility for investors, owner-occupants, or multigenerational living on over an acre of flat, usable land at the end of a quiet culdesac. Each unit features approximately 1,500 square feet of living space with 2 bedrooms, 2 bathrooms and additionalspace that could serve as a bonus room, office, guest area, or hobby space. Separate kitchenette hookups provide even more versatility for a variety of living arrangements. Built with function and comfort in mind, both units showcase quality finishes throughout including LVP flooring, upgraded appliances, abundant storage, and well-designed floorplans that maximize usable living space. Pride of ownership is evident at every turn. Enjoy efficient radiant in-floor heat throughout each unit, along with gas plumbing already in place for the range, washer and dryer, and a future gas stove in the living room if desired. The spacious layouts offer excellent separation of living spaces while maintaining an open and inviting feel. Outside, ample parking allows flexibility depending on owner preference and configuration. Whether you're looking to generate rental income, live in one side and rent the other, or accommodate extended family, this unique property offers exceptional versatility and long-term value. Close to Hatcher Pass and within walking distance of Reed Lake and public access to the Little Su-properties with this level of design, functionality, and pride of ownership are hard to find. Don't miss your chance to own a truly special investment opportunity!
For sale
$719,000
5281 E McDowell Rd, Wasilla, AK 99654
4beds
3,000sqft
Duplex
Built in 2024
-- sqft lot
$716,700 Zestimate®
$240/sqft
$-- HOA
What's special
Ample parkingUpgraded appliancesQuality finishes throughoutAbundant storageQuiet culdesacSeparate kitchenette hookupsLvp flooring
- 11 days |
- 506 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Lily Cole,
Keller Williams Realty Alaska Group of Wasilla,
Anita M Raubeson,
Keller Williams Realty Alaska Group of Wasilla
Source: AKMLS,MLS#: 26-7359
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant Floor
Appliances
- Included: Washer/Dryer
- Laundry: Washer/Dryer HkUp
Features
- Flooring: Luxury Vinyl
- Has basement: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Waterfront features: No Access, None
Lot
- Size: 1.04 Acres
Details
- Parcel number: 7316000L003
- Zoning: MFR
- Zoning description: Multi-Family Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Frame - 2x6
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $47,300
- Annual tax amount: $540
- Date on market: 6/19/2026
Estimated market value
$716,700
$681,000 - $753,000
$1,647/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $719,000$240/sqft |
Source: | ||
| 5/26/2015 | Sold | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $540 -0.3% | $47,300 +2.2% |
| 2024 | $541 +4.7% | $46,300 +0.9% |
| 2023 | $517 -5% | $45,900 +1.8% |
| 2022 | $544 -7.8% | $45,100 +1.8% |
| 2021 | $590 -2.4% | $44,300 +0.9% |
| 2020 | $605 +1.4% | $43,900 +2.3% |
| 2019 | $597 +1% | $42,900 +0.5% |
| 2018 | $591 | $42,700 +0.5% |
| 2017 | -- | $42,500 +70% |
| 2016 | -- | $25,000 |
| 2015 | -- | $25,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 99654
Nearby schools
GreatSchools rating
- 7/10John Shaw Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 7/10Colony Middle SchoolGrades: PK-8Distance: 4.7 mi
- 8/10Colony High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- High: Colony
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Alaska
- Matanuska Susitna Borough
- Wasilla
- 99654
- 5281 E McDowell Rd






