609 S Cobb ST, Palmer, AK 99645
See all 24 photos
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Luke Steele

Luke Steele

+1(907) 310-2822
$ 1,599,000
Est. payment /mo
Save
New

609 S Cobb ST Palmer, AK 99645

12 Beds

6 Baths

6,096 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,096 sqft

Price per Sqft $262

MLS Listing ID 26-7822

Bedrooms 12

Full Baths 6

Construction Status Existing Structure

Year Built 1976

Lot Size 9,583 Sqft

Acres 0.22

Source Alaska Multiple Listing Service

Property Description

Exceptional Downtown Palmer Investment Opportunity! Rarely does a property of this caliber become available in the heart of Palmer. This fully remodeled six-plex offers investors a true turnkey asset with all units currently occupied, providing immediate and reliable income from day one. Ideally situated within walking distance of downtown Palmer's shops, restaurants, parks, and local amenities Don't miss this opportunity to own a fully remodeled six-unit apartment building in a prime downtown location. Every spacious 2-bedroom, 1-bathroom unit has been thoughtfully updated with modern finishes and includes the convenience of an in-unit washer and dryer, making this property highly desirable to today's tenants.

The extensive renovation provides investors with a truly turnkey asset while minimizing future maintenance costs. Ideally situated near shopping, restaurants, parks, schools, and major employers, this property enjoys strong rental demand and excellent long-term appreciation potential.

Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this income-producing property offers immediate cash flow with updated interiors and a location that continues to attract quality tenants.

Location

State AK

Area Pa - Palmer

Zoning UNK - Unknown (re: all MSB)

Direction Coming north into Palmer on the Glenn Highway, turn R at the light on Dogwood, then the subject property is situated in the next intersection.

Interior

Heating Electric

Exterior

Waterfront Description None

Water Access Desc Public

Building

Foundation Poured Concrete

Lot Size Range 0.22

Sewer Public Sewer

Water Public

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Btv-Undiscl By Ll

Middle Schools Btv-Undiscl By Ll

High Schools Btv-Undiscl By Ll

Others

Tax ID 001B11L012

Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan, Other

Listing Terms Cash, Conventional, 1031 Exchange, VA Loan, Other

Alaska MLS
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
Listed by Keller Williams Realty Alaska Group of Wasilla
Luke Steele

Luke Steele

Owner/Licensee | License ID: ak.116641

+1(907) 310-2822

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Alpenglow Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

609 S Cobb ST