540 Eyak Dr, Anchorage, AK 99501
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PENDING
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540 Eyak Dr
Anchorage, AK 99501

Fairview
  • 8 Beds
  • 4 Baths
  • 5,385 sqft

$949,000

Est. Mortgage $5,987/mo*
Get Pre-Qualified

$949,000

Est. Mortgage $5,987/mo*
Get Pre-Qualified
8 Beds
4 Baths
5,385 sqft

Home Highlights

Parking
4 Car Garage
Climate Control
Heating only
Price/Sqft
$176
Listed
159 days ago

Local Information

  • Map ViewExplore the area around 540 Eyak Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

High-performing downtown Anchorage fourplex delivering strong cash flow with a proven hybrid income model. Two units provide stable long-term rental income, while two fully furnished units operate as high-revenue short-term rentals with demonstrated nightly income potential. Built in 2003, this 5,385 SF property features four 2BR/1BA units, each with garage space and heated interior storage.A rare amenity package that supports premium rents. 12 total on-site parking spaces, public utilities, natural gas heat, and fire sprinkler system. Prime downtown location near sporting venue, restaurants, Coastal Trail access, medical facilities, and major employers, driving consistent short- and long-term demand. Furnishings available under separate bill of sale. Excellent opportunity for investors seeking immediate income with upside and operational flexibility.

Home Details for 540 Eyak Dr

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 5385 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer/DryerLaundry: Common Area
Heating & Cooling
Heating: Baseboard,Natural GasHas HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl
Levels, Entrance, & Accessibility
Floors: Luxury Vinyl
View
Has a ViewView: City Lights, Mountain(s)

Exterior Features

Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Paved,No Carport,Attached,Heated Garage,Tuck Under
Frontage
Waterfront: No Access, NoneRoad Frontage: GovernmentRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Sloping

Days on Market

Days on Market: 159

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl Siding, FrameNot a New Construction
Property Information
Parcel Number: 0021633200001

Price & Status

Price
List Price: $949,000Price Per Sqft: $176

Active Status

MLS Status: Pending

Media

Location

Direction & Address
City: Anchorage
School Information
Elementary School: North StarJr High / Middle School: CentralHigh School: West Anchorage

Agent Information

Listing Agent
Listing ID: 26-1876

Building

Building Area
Building Area: 5385 Square Feet

Lot Information

Lot Area: 6969.6 sqft

Miscellaneous

Mls Number: 26-1876
Last check for updates: about 4 hours ago
Listing courtesy of Derek J. Hert
CORE Real Estate Group, LLC.
Source: AKMLS, MLS#26-1876
Also Listed on AKMLS.

Market trends in Anchorage

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$395K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$251
$3MoM
Available listings
541
30MoM

Price History for 540 Eyak Dr

DatePriceEventSource
07/29/2026$949,000PendingAKMLS #26-1876
06/11/2026$949,000PriceChange
AKMLS #26-1876
03/12/2026$989,000Listed For SaleAKMLS #26-1876
05/31/2023--Sold
AKMLS #23-2662
03/27/2023$829,000PendingAKMLS #23-2662
03/22/2023$829,000Listed For SaleAKMLS #23-2662
08/29/2022ListingRemovedN/A
08/28/2022$850,000Listed For SaleN/A

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Comparable Sales for 540 Eyak Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
413 Eyak Dr, Anchorage, AK
0.11
Multi-Family Home
-
12/17/25
8
5
3,842
525 E 14th Ave, Anchorage, AK
0.16
Multi-Family Home
-
08/03/26
11
6
4,264
935 E 13th Ave, Anchorage, AK
0.34
Multi-Family Home
-
12/17/25
8
4
2,912
1516 Latouche St, Anchorage, AK
0.40
Multi-Family Home
-
05/13/26
9
4
3,796
615 E 11th Ave, Anchorage, AK
0.36
Multi-Family Home
-
05/18/26
7
4
3,456
726 E 11th Ave, Anchorage, AK
0.34
Multi-Family Home
-
10/06/25
11
6
5,904
230 E 11th Ave, Anchorage, AK
0.39
Multi-Family Home
-
11/05/25
6
4
3,188
437 E 14th Ave, Anchorage, AK
0.18
Multi-Family Home
-
08/29/25
4
3
3,000
523 E 12th Ave, Anchorage, AK
0.29
Multi-Family Home
-
12/08/25
4
6
4,550
2225 Eagle St, Anchorage, AK
0.46
Multi-Family Home
-
04/09/26
8
4
3,432

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 540 Eyak Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Fairview
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairview

At least 33 Trulia users voted on each feature.

  • 79 % Say parking is easy

  • 78 % Say car is needed

  • 71 % Say there are sidewalks

  • 66 % Say it's walkable to grocery stores

  • 62 % Say it's dog friendly

  • 60 % Say there's wildlife

  • 55 % Say there's holiday spirit

  • 50 % Say neighbors are friendly

  • 46 % Say streets are well-lit

  • 42 % Say yards are well-kept

  • 41 % Say it's quiet

  • 38 % Say it's walkable to restaurants

  • 37 % Say kids play outside

  • 33 % Say there are community events

  • 31 % Say they plan to stay for at least 5 years

  • 31 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "My dog has been attacked twice by loose dogs without any owners in sight. I often see loose dogs and most do not clean up after their dogs. "
    1
    Flag
  • Trulia User
    "It’s a more affordable area to live and it’s close to downtown. There are problem areas in the neighborhood, certain streets are not safe. I moved away after being mugged outside the grocery store. "
    1
    Flag
  • Paul B.
    "I have lived in this community for 40 years. The people that live here are for the most part decent and hard working and the neighborhood has an active community council where residents can get involved or have their voices heard. The community has a mix of people from every walk of life and is one of the most diverse in Anchorage. There are areas of concern surrounding some parts of the neighborhood where social service agencies provide services and undesirable negative externalities remain unmitigated. Yet in those areas a person can still feel safe however although I wouldn't want to own a home or business adjacent. These areas that are challenging and the others this community face are not insurmountable. The neighborhood has easy access to parks, trails, sports complexes as well as venues for concerts, sporting events and other cultural attractions. Someone looking for a place to live and grow with a community and make a difference in the world would do well to consider Fairview. The future of Anchorage passes through Fairview."
    13
    Flag
  • Victoriabusig
    "I have never participated in Fairview activities, it is not safe. I have lived in Fairview for 7 years and it has never been safe after dark. "
    8
    Flag
  • Mpmalouf
    "The blocks around the elementary school are lovey, relatively safe and nice views of mountains. I never leave anything valuable in my car and don’t go walking after 10:30p. "
    6
    Flag
  • Earlinealinsunurin
    "There is a school and parents always walk their children back and forth.there is only 1 child on our block. many young working people here."
    5
    Flag
  • k
    "Some drivers cAn be inconsiderate. Traffic gets pretty thick on the main roads here. Lots of school buses and fair share of police patrolling. "
    0
    Flag
  • T Aime
    "Roads aren’t laid out ideal for Young kids to be out playing. Kids that walk to school have no safe way during winter, roads are not safe enough for them IMO. Lots of cars driving through the night. "
    1
    Flag
  • Frostletters
    "It’s quirky with a mix of low/mid and mid/high incomes. The neighborhood is very close to shops and parks. "
    13
    Flag

LGBTQ Local Legal Protections

Derek J. Hert, CORE Real Estate Group, LLC.
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 Zillow, Inc. 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
540 Eyak Dr, Anchorage, AK 99501 is a 8 bedroom, 4 bathroom, 5,385 sqft multi-family built in 2003. 540 Eyak Dr is located in Fairview, Anchorage. This property is currently available for sale and was listed by AKMLS on Feb 28, 2026. The MLS # for this home is MLS# 26-1876.