$5,375,000
622 632 11th Avenue
Fairbanks, AK 99701
MLS# 26-12465
63 beds  |  48 baths  |  26000 sqft


Gated 34plex
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Gated 34plex Entry 1 Entry 2 open floor plan Kitchen LVP flooring Full bath Living area Kitchen Microwave in all units Full kitchens Baseboard steam heat Living room Bedroom bedroom to hallway bedroom ceiling fans Newly painted Bedroom Another view Another view full bedroom suite full bath Living to kitchen 2nd full bath Downtown location individual codes drone Drone Drone Drone Drone Drone Drone Drone Drone drone Drone

Property Description
Gated community 34plex in downtown Fairbanks,with convenience galore.Apartments stay full,with a cap rate over 8%,upgraded with new roof,updated windows, vehicle plug-ins for every unit, apartments have been upgraded with LVP, new appliances, new outside paint, reinforced decks. Also includes 635 & 639 10th Ave, 4 updated buildings, Family owned & operated, kept in top condition. Great investment!

Details
Maps
Contract Info
Price-List: 5375000
Concessions YN: No
Date-Listing: 2026-09-25
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 63
Bathrooms Full: 48
Bathrooms Total: 48
Bldgs-Ttl #: 4
Year Built: 1977
Year Updated: 2026
SF-Res: 26000
Number of Units: 34
SF-Lot: 30364.98
Acres: 0.7
Prkg Spcs: 34
Lot Area Source: Tax Authority
Zoning: GC - General Commercial
Directions and Remarks
Directions: Cushman street, Turn Left on 10th Ave, Property on the left. Police station across the street Fire Dept very close
Building Info
Units-# of 1 BR: 20
Units-# of 3 BR: 14
Vacancy Rate: 1
Mortgage Info
EM Minimum Deposit: 53000
Location Tax and Legal
Area: 710 - North Fairbanks
Street #: 622 632
Street Name: 11th
Arterial: Avenue
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Features
Multi-Family Type: Multi Family
Exterior Finish: Wood
Roof Type: Bitumen/Torch Down; Membrane
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Paved; Maintained
View Type: City Lights; Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Smoke Detector(s); Paved Driveway
Flooring: Carpet; Linoleum; Luxury Vinyl
To Show: ShowingTime
Docs Avl for Review: Docs Posted on MLS
Listing Terms Financing: 1031 Exchange; Cash; Conventional

IDX
Listing Office: Living Alaska Style Real Estate

Last Updated: September - 27 - 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.