3 months on rocket

3107 W 31st Ave, Anchorage, AK, 99517

$589,000

Home List Price

$6,994*

Closing Credit

5 Bedrooms
3 Full Baths
2,708 SqFt
$218/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3107 W 31st Ave, Anchorage$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Attached Garage1 space
Year Built1965
HeatingBaseboard, Natural Gas
MLS #24-12668
Lot Size0.16 Acres
StatusActive

About 3107 W 31st Ave

Beautifully updated duplex. Perfect for investors, Airbnb hosts, or owner-occupants, this property offers exceptional flexibility and earning potential. The upper unit shines with 3 spacious bedrooms, 2 full baths, and 1,508 sq. ft. of bright, airy living space. A stunning marble fireplace adds elegance, while the private rear deck is the ideal spot to enjoy morning coffee or evening sunsets. The lower unit is equally inviting, featuring 2 bedrooms, 1 bath, and 1,200 sq. ft. of cozy yet open living space. The bright kitchen flows into the dining area, and the private rear deck is perfect for summer BBQs and entertaining guests. Additional highlights include an oversized garage (fits 1.75 cars), a 260 sq. ft. storage room, and a 10 ft. double gate for vehicle access via the private alleyideal for parking boats or trailers. Upgrades are complete: brand-new roof (September 2024), freshly painted exterior, and updated rear decks, stairs, and French doors. The low-maintenance yard even includes raspberry bushes for fresh summer fruit. With both units currently rented below market, there's immediate potential to boost rental income. Seller is offering closing cost assistance and rate buy-down incentivesthis turnkey property is ready for you to capitalize on its exceptional potential.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 2,708 SqFt

Listing Office:

  • Office Name: Frontier Realty
  • Office Phone: (907) 622-1345

Interior Features

Interior Information:

  • Flooring Type: Linoleum, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas

Other

Directions Information:

  • Directions: West on Northern Lights Blvd. Turn South(left) on Wisconsin. Turn East(left) on West 31st Ave to 3107.

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $6,386
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Anchorage, AK.

Map thumbnail provided by MapBox

Anchorage, AK

City

Med. List Price

$397.7K

Med. Price/SqFt

$209

Avg. Days On Market

86

# of Sold Homes

208

3107 W 31st Ave vs Anchorage

93 DAYS ON ROCKET

+7 Days

$589,000

+$191.2K More

$218/SqFt

+$8 More

KEY TAKEAWAY

This property is $191.2K more than the Median List Price and $8/SqFt more than other homes in Anchorage, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-12668

Listing Office:

  • Office Name: Frontier Realty
  • Office Phone: (907) 622-1345

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 11:50:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,386$404,400
2020$6,191$398,700
2019$6,191$393,300
2018$6,191$377,500
2017$6,040$385,700

History based on county public records data.

Payment Calculator

$3,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-487906
5
/10

  • Turnagain Elementary School

  • 3500 W Northern Lights Blvd

  • 0.22 miles

  • Public Magnet Grades PK-6

school-card-donut-487907
6
/10

  • Lake Hood Elementary School

  • 3601 W 40th Ave

  • 0.61 miles

  • Public District Grades PK-6

school-card-donut-487908
7
/10

  • Aquarian Charter School

  • 1705 W 32nd Ave

  • 0.85 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,757. The most common annual income of people living in Anchorage, AK is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Alaska›Anchorage County›Anchorage›99517›3107 W 31st Ave

This home is located at 3107 W 31st Ave in Anchorage, AK and zip code 99517 in the Turnagain neighborhood. This 2,708 square foot home, which was built in 1965, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $589,000.

The number of listings in Anchorage, AK decreased by 21.5% between November 2024 and December 2024. Listings spent 86 days on the market in December 2024, and had a median list price of $397,793 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources