$475,000
Fairbanks, AK 99701
MLS# 26-7527
10 beds | 10 baths | 7000 sqft
1 / 6
Property Description
Rare, high-density investment opportunity! Versatile 10-bedroom, 10-bathroom multiplex offers steady income-stream, & located in prime location. Perfectly configured for a group home, supportive housing network, or specialized residential care facility, expansive complex with balance of community spaces and private residential units, ready for new owners!
Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 475000
Date-Listing: 2026-06-22
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 10
Bathrooms Total: 10
Bldgs-Ttl #: 1
Acres: 0.48
SF-Lot: 21065
Lot Area Source: Tax Authority
Zoning: GC - General Commercial
Garage Spaces: 0
Carport Spaces: 10
Prkg Spcs: 10
Beds: 10
Year Built: 1959
SF-Res: 7000
Number of Units: 10
Location, Tax and Legal
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Leasure L3 B5
School-Elementary: Hunter
School-Middle: Ryan
School-High: Lathrop
Directions and Remarks
Directions: Take Cushman/Old Richardson Hwy Exit, continue on 30th Ave, Left on Leasure St., Right on Romans Way
Multi-Family Type
Multi Family: 1
To Show
ShowingTime: 1
Building Info
Units-# of 1 BR: 5
Units- # of 2 BR: 2
Listing Terms Financing
AHFC: 1
Conventional: 1
Heating
Unknown: 1
Foundation Type
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Unknown: 1
Water Source
Unknown-BTV: 1
Mortgage Info
EM Minimum Deposit: 5200
Features-MultiFamily
Fire Sprinkler System: 1
Laundry Facility: 1
Location Tax and Legal
Area: 720 - Southeast Fairbanks
Street #: 253
Street Name: Romans
Arterial: Way
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Features
Multi-Family Type: Multi Family
Foundation Type: Unknown - BTV
Heating: Unknown
Sewer-Type: Unknown
Water Source: Unknown-BTV
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Fire Sprinkler System; Laundry Facility
To Show: ShowingTime
Listing Terms Financing: AHFC; Conventional
Supplements
(1) 2-Bedroom Units Currently rented at $1,400/mo
(1) 2-Bedroom Units Currently rented at $1,300/mo
(5) 1-Bedroom Units Currently rented at $1,100/mo
(4) Single Room Occupancy (SRO) $600/mo (two tenants per room $300 each)
Approximately $10,600 rental income. Current rents
priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.
IDX
Listing Office: Next Level Realty, LLC
Last Updated: June - 23 - 2026
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 the site owner are marked with 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. Site contains live data.