8015 E 3rd Ave
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Nearby Schools
Educational options and performance ratings in the area.
Muldoon Elementary School
Nicholas J. Begich Middle School
Bartlett High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At a purchase price of $399,900, the property offers razor-thin margins with a monthly cash flow of approximately $203. This level of return provides almost no buffer for unforeseen capital expenditures, vacancy periods, or rising interest rates. While Anchorage maintains a stable local economy anchored by military and energy sectors, the modest yield combined with the high cost of maintenance in an Alaskan climate makes this a precarious investment. Investors are essentially relying entirely on a 4% appreciation rate to generate wealth, as the operational cash flow is insufficient to mitigate typical ownership risks. This property is better suited for an owner-occupant than a cash-flow-focused investor.
- • Stable regional economy supported by military and energy sectors
- • Reasonable price-per-square-foot for the Anchorage market
- • Lower volatility compared to speculative urban markets
- • Extremely thin monthly cash flow leaves no room for emergency repairs
- • High operating costs and winterization requirements typical of Alaska
- • Heavy reliance on appreciation rather than operational yield
- • Limited scalability due to marginal rental income performance
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-06 | Price change | $399,900 | $202 |
| 2026-08-02 | Listed for sale | $425,000 | $215 |
| 2024-10-17 | Listing removed | $275,000 | $139 |
| 2022-01-14 | Sold | $0 | – |
| 2021-11-20 | Pending sale | $279,000 | $141 |
| 2021-11-15 | Listed for sale | $279,000 | $141 |
| 2021-10-04 | Listing removed | $0 | – |
| 2021-09-13 | Pending sale | $275,000 | $139 |
| 2021-08-19 | Listed for sale | $275,000 | $139 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,322.81 | $337,100 |
| 2024 | $5,508.67 | $341,200 |
| 2023 | $5,195.85 | $305,100 |
| 2022 | $5,250.71 | $311,800 |
| 2021 | $0 | $270,000 |
| 2020 | $0 | $274,500 |
| 2019 | $0 | $267,100 |
| 2018 | $0 | $267,100 |
| 2017 | $3,946.99 | $272,900 |
| 2016 | $3,946.99 | $278,600 |
| 2015 | $3,946.99 | $266,200 |
| 2014 | $3,946.99 | $260,500 |
| 2013 | $0 | $255,400 |
| 2012 | $0 | $253,500 |
| 2011 | $0 | $254,500 |
| 2010 | $0 | $257,300 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $21,579/yr
On $88,550 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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