$330,000
Fairbanks, AK 99701
MLS# 25-13072
Status: Pending
3 beds | 3 baths | 2064 sqft
1 / 15
Property Description
612 College Road has everything that makes a rental property work long-term: a central location, a captive tenant pool, and the kind of quiet, steady demand that doesn't depend on market timing. And, based on the last three years of annual expenses and income, a prospective owner occupant would stand to pay roughly $450/mo to live, after electric, heat, and water and sewer! That's less than the
Details
Maps
Documents
Location, Legal, and School Info
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
Tax ID: 0641282
School-Elementary: Joy
School-Middle: Randy Smith
School-High: Lathrop
Legal: UMB03 B4 Lemeta 2012 T/R Assembled W PTN L8 & W PTN L10 B4 Lemeta
Contract Info
Foreclosure/Bank Own: No
Price-List: 330000
Date-Listing: 2025-10-13
Status: Pending
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 3
Bathrooms Total: 3
Acres: 0.19
SF-Lot: 8087
Lot Area Source: Tax Authority
Zoning: RMKS - See Remarks
Garage Spaces: 0
Carport Spaces: 0
Beds: 3
SF-Res: 2064
Year Built: 1950
Remarks and Directions
Directions: Across from Geraldos on College.
Residential Type
Single Family Res: 1
Heating
Baseboard: 1
Oil: 1
Roof Type
Membrane: 1
Construction Type
Concrete: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Appliances
Range: 1
Oven: 1
Microwave: 1
Refrigerator: 1
Water Source
Public: 1
Sewer Type
Public Sewer: 1
Location Legal and School Info
Area: 710 - North Fairbanks
Street #: 612
Street Name: College
Arterial: Road
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Sold Info
Date-Pending: 2026-03-26
Property Features
Residential Type: Single Family Res
Construction Type: Concrete
Roof Type: Membrane
Foundation Type: Poured Concrete
Garage Type: None
Carport Type: None
Heating: Baseboard; Oil
Sewer Type: Public Sewer
Water Source: Public
Appliances: Range; Oven; Microwave; Refrigerator
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Supplements
the rent on a dry cabin!
This single-story triplex offers three 1-bed, 1-bath units across 2,064 square feet, each with updated flooring, fixtures, and newly installed triple-pane windows. Boiler heat keeps operating costs predictable. Unit 3 adds an attached garage -- for an owner-occupant suite if desired! Historically, rents run $1,300/unit/month, and the location offers tenants a short bus ride to the university, downtown, and major shopping corridors.
And then there's the lot next door.
An adjacent 4,200 square feet of land is available alongside the triplex -- room to build a second income property, add storage units, or even move snow in the winter!
At $330,000, this isn't a speculative bet. It's an already-performing asset with room to grow, in a location that tenants keep choosing year after year
Electric #1 
IDX
Listing Office: Majors Realty Group, LLC
Last Updated: March - 26 - 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.