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

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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.