Great income property in a high demand location. Enjoy everything downtown Palmer has to offer, right outside your door! Multiple parades a year, right in your back yard! Live music on the grass, bi-weekly at the Palmer City Alehouse, moments from home. A family friendly festival, virtually every weekend, all summer long. All types of dining, moments away. Like to paint? Artists Uncorked offers family, child or adult classes. Or, try paint night every Thursday at the Moosehead.. Or maybe coffee and mosaic classes are more your style? At the Art Cafe you can spend the day glazing pottery, making jewelry and mosaic art, less than a block away. Fireside, Palmer’s brick and mortar book store is a gem! Vagabond Blues for a round of hot coco during the winter parade. Sewing, yoga, gift shops, fine food or small town diners, community gardens, art galleries, and so much more. Watch the fireworks from your lawn several times a year! This location is very special, and very rare income property to boot. Easy to rent, regardless of the time of year. Mid December? No problem. You’ll never have a down month. Leaving state, and so forced to sell. This price is barely above the borough assessed value. As good a deal as you’ll ever find in downtown Palmer. Real estate agents are ok. Qualified buyers only please. Shown by appointment only. Please don’t disturb the tenants. Thanks and cheers!
Off market
$458,700
225 S Bailey St, Palmer, AK 99645
5beds
2,322sqft
MultiFamily
Built in 2002
-- sqft lot
$458,700 Zestimate®
$198/sqft
$2,663 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Linoleum / Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,322 sqft
Property
Parking
- Parking features: Carport, Garage - Attached, Off-street
Features
- Exterior features: Wood
Lot
- Size: 0.29 Acres
Details
- Parcel number: 5176B02L015A
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 2002
Community & neighborhood
Location
- Region: Palmer
Other
Other facts
- Cats Allowed
- Garbage included in rent
- Gas included in rent
- Heating system: Heat
- Sewage included in rent
- Small Dogs Allowed
- Water included in rent
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.