Øvre Asgård is located one and a half kilometers west of Tromsø's town centre. The complex consists of 5 low-rise blocks with flats and one-roomed flats. The blocks are arranged into three rows. The main façade faces towards the west, with a stunning view of Sandnessund and the Kvaløya Island. The premises are situated near a forest and the island's greenbelt, which offers accessible trails for walking and skiing. All of the blocks are three-storied, have flat roofs and an exterior clad with wooden panelling and stone slabs. Suspended balconies and steel chimney pipes bestow the complex with a characteristic appearance.

The construction boom of high-rise blocks during the 50s and 60s was met with criticism. This was partially because the residents' concerns were often not attended to. In addition, construction of the high-rise blocks required the use of cranes, something that severely damaged the surrounding vegetation. Throughout the 70s, a combination of low-rise and compact low-rise block construction became more common. This was a result from attempts at combining the blocks' rational attributes with terrace house qualities.