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Street View
$1,598,000
Monthly Est:$7,954
12 Beds
6 Baths6 full baths
6,096sqft
609 S Cobb St, Palmer, AK 99645
$1,598,000
$7,954/moEst:
Get Pre-Approved
Multi Family
Built in 1976
$-- HOA
9,583 sqft lot
$262/sq.ft
Description
TURNKEY DOWNTOWN PALMER SIX-PLEX | FULLY OCCUPIED | $136,800 ANNUAL GROSS INCOME! Exceptional opportunity to acquire a completely remodeled, income-producing multifamily property in the heart of Palmer. All six spacious 2-bedroom, 1-bath units are currently occupied, generating $11,400/month in gross rental income. Extensively renovated throughout with updated kitchens, bathrooms, flooring, doors, windows, trim, lighting, hardware, heaters, exterior improvements and more. Each unit features its own in-unit washer and dryer, a highly desirable amenity for today's rental marketIdeally located within walking distance of downtown Palmer's restaurants, shopping, parks and amenities. Low owner-paid expenses, strong rental history and extensive renovations make this an attractive opportunity for investors looking for immediate income with reduced near-term capital improvement needs.
Fully occupied and income-producing from day one. Excellent opportunity for a multifamily investor or 1031 exchange buyer. Rent roll and additional financial information available.
- Houzeo last checked: 9 minutes ago
- Listing updated: August 28, 2026 at 2:26 am
- Listing Provided by: Dustin Renner (907) 841-0128 DRE #16580, Marina Bochkovsky (907) 232-2486 DRE #116959 | Keller Williams Realty Alaska Group of Wasilla (907) 864-6500
- Source: Alaska MLS-AK | MLS#: 26-7822
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
--
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
6,096 sqft
Lot Size
9,583 sqft lot
Basement Area
- sqft
MLS Name
Alaska MLS
MLS Number
26-7822
MLS Status
Active
Days on Market
105
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Sewer
Public Sewer
Heating
Electric
Construction
Year Built
Year Built: 1976
Home type
Multi Family
Foundation Details
Poured Concrete
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
06/27/2026 Source: | Price Decreased | $1,598,000 -0.06% $262/sqft |
06/25/2026 Source: | Listed for Sale | $1,599,000 +120.55% $262/sqft |
03/28/2025 Source: | Sold | $725,000 $119/sqft |
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Based on information from Alaska MLS through Oct 10, 2026, 10:30PM but not compiled or published by Alaska MLS. Data maintained by Alaska MLS may not reflect all real estate activity in the market. Listing content is believed accurate but not guaranteed. 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 Congress Realty 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. The information or data used in this publication is copyrighted by Alaska MLS 2024 and no portion may be reproduced, redistributed or retransmitted without the express permission of Alaska MLS. Further, Alaska MLS does not warrant the accuracy of the information or data contained herein.© 2026 Alaska Multiple Listing Service Inc. All rights reserved.
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