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500 W Roy Road

Wasilla, AK 99654
  • $680,000
  • STATUS: Active
  • ON SITE: 192 Days
  • MLS #: 25-6514
UPDATED: 47 min ago
$680,000
  • 8
    BEDS
  • 0.92
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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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: 2025-12-10T14:36:34.05.

www.teamdimmick.com/homes/164418871
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500 W Roy Road Wasilla, AK 99654

  • Price: $680,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 47 min ago
  • MLS #: 25-6514
8
Beds
4
Baths
0
½ Baths
0.92
Acres
4,400
SQFT
$155
$/SQFT
2004
Built
Neighborhood:
Wasilla
Area:
Wasilla
Elementary School:
Tanaina
Middle School:
Teeland
High School:
Wasilla
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!
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Foundation Details Poured Concrete Garage Type Attached Yes Open Parking Spaces 8 Parking Features Attached Roof []

Interior Features

Flooring [] Heating Baseboard Yes Living Area 4400

Property Features

Construction Materials Wood Frame Foreclosure Bank Own No Frontage Type [] Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes Listing Terms Financing FHA Yes Listing Terms VALoan Yes Lot Features [] MLSArea Major 1D - Matanuska Susitna Borough Multi Family Type Four Plex Yes New Construction YN No Other Structures [] Property Info Construction Status Existing Structure Property Info Prkg Spcs 8 Road Surface Type [] Security Features [] Sewer Septic Tank View [] Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Alaska MLS logo Listing Office My Favorite Realty LLC: 907-746-4663. Copyright 2025 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: 2025-12-10T14:36:34.05.

 
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