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4825 Topaz Avenue

Anchorage, AK 99502
  • $875,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 26-8409
New On Site 3 Days Ago
UPDATED: 23 min ago
$875,000
  • 5
    BEDS
  • 0.23
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 4,657
    SQFT
  • $188
    $/SQFT
Type:
Multi-Family
Built:
1997

School Information

Elementary School:
Middle School:
High School:

Description

Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter. Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence. Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated. Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage. Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.

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Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Team Dimmick | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2026-07-12T23:36:41.553.

www.teamdimmick.com/homes/178600988
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4825 Topaz Avenue Anchorage, AK 99502

  • Price: $875,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 23 min ago
  • MLS #: 26-8409
5
Beds
5
Baths
1
½ Baths
0.23
Acres
4,657
SQFT
$188
$/SQFT
1997
Built
Neighborhood:
West Tudor Rd - Dimond Blvd
Area:
West Tudor Rd - Dimond Blvd
Elementary School:
Kincaid
Middle School:
Mears
High School:
Dimond
Property Description
Rare townhouse-style investment opportunity offering exceptional versatility, quality construction, and long-term value. Built by a commercial contractor and meticulously maintained over the years, this one-of-a-kind property can function as a triplex or as a duplex with unit 2 currently connected to unit 1, making it ideal for investors or owner-occupants seeking rental income or space. See more Each unit features its own private entrance, soaring vaulted ceilings, abundant natural light, and thoughtful design. The main level throughout is heated with in-floor radiant heat, while the upper levels are equipped w/baseboard heating. Heated driveways provide added convenience during the winter. Unit 1 welcomes you with dramatic vaulted ceilings and an open-concept living, dining, and kitchen area. The spacious layout includes two bedrooms, two full bathrooms, a large walk-in pantry/laundry room, and an oversized two-car garage with room for 2 full-size pickup trucks. Upstairs, you'll find a versatile bonus room with closets and skylights that open, perfect for an office, guest space, or playroom. Across the hall, there is direct access to Unit 2, allowing the spaces to remain connected or be separated with a wall for complete independence. Unit 2 is an expansive studio apartment featuring impressive ceiling height, abundant natural sunlight, and a loft that provides additional living space. The unit is already plumbed for a kitchenette, making it easy for a new owner to add. This flex space offers tons of potential for a furnished short-term or long-term rental. Currently connected to unit 1 but can be easily separated. Unit 3 offers a spacious layout with two bedrooms, each featuring its own private ensuite bathroom, plus an additional half bath for guests. The unit includes a full kitchen, dining area, and a two-story living room, along with an attached one-car garage. Units 1 and 3 both enjoy access to the backyard, concrete patios for outdoor enjoyment. Each unit also includes its own washer and dryer. Unit 2 does not have a washer/dryer but you can easily add one next to the spiral staircase. Properties of this quality, flexibility, and construction are exceptionally rare.
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Exterior Finish Masonry2 Yes Exterior Finish Vinyl2 Yes Foundation Details BlockPoured Concrete Garage Type Attached Yes Open Parking Spaces 3 Parking Features HeatedAttachedTuck Under Roof CompositionShingleAsphalt

Interior Features

Flooring CarpetLinoleumOtherLuxury VinylTile Heating Baseboard Yes Heating Radiant Floor Yes Living Area 4657 Mf Features Vaulted Ceilings Yes Mf Features Washer Dryer Hk Up Yes Unit Num1 Bath Full 2 Unit Num1 Bedroom 2 Unit Num2 Bedroom 1 Unit Num3 Bath Full 2 Unit Num3 Bath Half 1 Unit Num3 Bedroom 2

Property Features

Construction Materials Other Foreclosure Bank Own No Frontage Type None Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes Listing Terms Financing FHA Yes Listing Terms VALoan Yes Lot Features LevelSloping Mf Features In City Limits Yes MLSArea Major 1A - Anchorage Municipality Multi Family Type Sideby Side Yes Multi Family Type Tri Plex Yes New Construction YN No Other Structures [] Property Info Construction Status Existing Structure Property Info Prkg Spcs 3 Road Surface Type Dedicated RoadPavedMaintained Security Features Smoke Detector(s) Sewer Public Sewer View [] Water Source Public Zoning R2M - Multi Family Residential

Alaska MLS logo Listing Office Herrington and Company, LLC: 907-263-9333. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Team Dimmick | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2026-07-12T23:36:41.553.

 
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Team Dimmick | Keller Williams Realty Alaska Group
1400 W Benson Blvd Suite 370
Anchorage AK, 99503