4825 Topaz Avenue,Anchorage, AK 99502
Anchorage, AK 99502
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.
Details
| MLS # | 26-8409 |
|---|---|
| Listing Type | For Sale |
| Building Name | Owner Builder |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1997 |
| Days On Site | 47 |
| Listing Provided By | Herrington and Company, LLC | Jacob Masog |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,657 |
| Garage | 3 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | R2M - Multi Family Residential |
| Acreage | 0.23 |
Interior
| Heating | Baseboard, Radiant Floor |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Asphalt, Composition, Shingle |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Level, Gentle Sloping |
| Construction Materials | Other |
| Foundation Details | Block, Poured Concrete |
| Exterior Sp Finish Co Exterior Sp Finish | Vinyl, Masonry |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Heated Garage, Tuck Under |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Dedicated Road, Paved, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 11414.5 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | Onnolee L1 B1 |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99502 |
| Area | 1A Anchorage Municipality |
| Subarea | W Tudor Rd Dimond Blvd |
| School District | Dimond |
| Elementary School | Kincaid |
| High School | Dimond |
| Listing VS Median (in 99502) | |
Price: $875,000 low | high Med: $452,500 sqft: 4,657 low | high Med: 1,548 $ / sqft: $188 low | high Med: $292 On site: 47 low | high Med: 18.5 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99502 |
| Area | 1A Anchorage Municipality |
| Subarea | W Tudor Rd Dimond Blvd |
| School District | Dimond |
| Elementary School | Kincaid |
| High School | Dimond |
| Listing VS Median (in 99502) | |
Price: $875,000 low | high Med: $452,500 sqft: 4,657 low | high Med: 1,548 $ / sqft: $188 low | high Med: $292 On site: 47 low | high Med: 18.5 | |
