$5,200,000
Fairbanks, AK 99701
MLS# 25-11382
26000 sqft
1 / 50
Property Description
Investment Opportunity in the Heart of Downtown Fairbanks! Don't miss this rare chance to own a 34-unit complex ideally located in the vibrant core of downtown Fairbanks. This property has been thoughtfully maintained with recent exterior upgrades, including new roofs, fresh paint, updated decks, and improved foundation flashing, ensuring long-term durability and appeal.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 5200000
Date-Listing: 2025-09-03
Status: Active
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: Fairbanks Townsite L4-7 B116
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.7
SF-Lot: 30365
Lot Area Source: Tax Authority
Zoning: GC - General Commercial
Type of Property: Mixed Use
SF-Res: 26000
Directions and Remarks
Directions: Cushman Street, Turn Left on Tenth Ave, Property on the left, across from police station.
Exterior Finish
Other - See Remarks: 1
Heating
Baseboard: 1
Roof Type
Membrane: 1
Other: 1
Construction Type
Wood Frame - 2x4: 1
Flooring
Laminate: 1
Access
Maintained: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Location Tax and Legal
Area: 710 - North Fairbanks
Street #: 622
Street Name: 11th
Arterial: Avenue
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Features
Heating: Baseboard
Exterior Finish: Other - See Remarks
Construction Type: Wood Frame - 2x4
Roof Type: Membrane; Other
Flooring: Laminate
Sewer: Public Sewer
Water Source: Public
Access: Maintained
Supplements
With a proven track record of strong performance, these units offer high income generation with minimal expenses. Investors will appreciate the impressive cap rate of over 8%, making this an exceptional addition to any portfolio. Whether you're looking to expand your holdings or enter the Fairbanks market with a rock-solid investment, this property checks all the boxes. Bring your investorsopportunities like this don't last long!
Listing Package 
IDX
Listing Office: Walden Home Group
Last Updated: September - 16 - 2025
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.