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Fairbanks, AK Multifamily Homes & Duplexes for Sale

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  • /42

    $490,000

    • 6 Beds
    • 4 Baths
    • 2,430 Sq Ft

    799 8th Ave, Fairbanks, AK 99701

    799 8th Avenue has been part of downtown Fairbanks through decades of Alaska winters, economic shifts, and neighborhood change — and it's never looked better than it does right now. This up and down duplex offers 3 beds and 2 baths per unit across 2,430 square feet, fully and meticulously renovated from the roof down — new mechanical, electrical, and heating systems, modern flooring, all-new

    Agent Photo

    Dan Kiernan

    MAJORS REALTY GROUP, LLC

    (877) 552-7544

    799 8th Ave, Fairbanks, AK 99701
  • /46

    $490,000

    • 7 Beds
    • 2,994 Sq Ft

    11 Bonnie Ave, Fairbanks, AK 99701

    Welcome to 11 Bonnie Avenue—a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks’ main shopping district right in between. Situated on 0.30 acres and

    Agent Photo

    Nic Williams

    THE REAL ESTATE COLLECTIVE

    (888) 497-6061

    11 Bonnie Ave, Fairbanks, AK 99701
  • /50

    $489,900

    • 4 Beds
    • 3 Baths
    • 2,970 Sq Ft

    3264 Edby Rd, Fairbanks, AK 99709

    Properties with this kind of space and layout are rare—and this one checks boxes buyers have been waiting on. Set on over an acre of Edby road in the Edanella Heights area, this 4-bedroom, 3-bath home offers nearly 3,000 square feet of usable space with a layout built for real life. Multiple living areas give you flexibility—whether you need room to spread out, host, or simply not feel on top of

    Agent Photo

    Jon Majors

    MAJORS REALTY GROUP, LLC

    (855) 683-5142

    3264 Edby Rd, Fairbanks, AK 99709
  • /26

    $199,900

    • 3 Beds
    • 1,568 Sq Ft

    1526 Noble St, Fairbanks, AK 99701

    Welcome to 1526 Noble Street, a charming and historic triplex located in the heart of Fairbanks. Built in 1947, this well-maintained property offers classic character with strong rental potential, producing a gross annual income of approximately $36,000. With a total of 1,568 square feet, the home is divided into three 1 bedroom, 1 bathroom units. Two traditional 1 bedroom apartments upstairs and

    Agent Photo

    Nic Williams

    THE REAL ESTATE COLLECTIVE

    (855) 425-7706

    1526 Noble St, Fairbanks, AK 99701
  • /9

    $379,000

    • 4 Beds
    • 2 Baths
    • 2,450 Sq Ft

    251 Minnie St, Fairbanks, AK 99701

    Spacious Duplex sitting on two lots on corner of Betty and Minnie St. Over size two car garage could be used as a three car in tandem. Large fenced front yard with a wrap around deck with spot for the Hot tub. One of the only few Lindel Cedar Log homes in Fairbanks. Currently rent for $1850/month, tenant occupied.

    Ray Brasier BRASIER REALTY

    251 Minnie St, Fairbanks, AK 99701
  • /31

    $8,750,000

    • 28,204 Sq Ft

    1533 Lacey St, Fairbanks, AK 99701

    As close to a new multifamily build as you can get in Fairbanks today! This fully remodeled apartment building, originally constructed as a 60 unit hotel and thoughtfully converted into 44 modern residential units. The Building was remote- walled insulated adding 9 inches to the exterior making the walls 15" thick, making it extremely efficient, only using approximately $10,000 a year in natural

    Ray Brasier BRASIER REALTY

    1533 Lacey St, Fairbanks, AK 99701
  • /26

    $755,000

    • 6 Beds
    • 3,968 Sq Ft

    1632 Stacia St, Fairbanks, AK 99701

    MOTIVATED SELLER — PRICED TO MOVE | 2022-BUILT TRIPLEX | STRONG CASH FLOW Don't miss this rare opportunity to own a nearly new, fully occupied, income-producing triplex in one of Fairbanks' most accessible Southeast neighborhoods. Built in 2022 with quality construction throughout, 1632 Stacia Street is a turnkey investment delivering real returns from day one — and the seller is ready to make a

    Michael Garza GARZA GROUP REALTY

    1632 Stacia St, Fairbanks, AK 99701
  • /49

    $324,900

    • 4 Beds
    • 2.5 Baths
    • 1,500 Sq Ft

    316 Brandt St, Fairbanks, AK 99701

    Many updates and upgrades in this amazing Home that includes a Rental house! Main home has 3 Bedrooms, 2 bathrooms and full basement! Arctic entry and woodstove help reduce fuel costs. A previous garage was renovated to create a very well insulated 1 bedroom, 1-bath house that has rented short-term for $160.00 a night, recently rented for $1200.00 a month. Walking distance to downtown Fairbanks.

    Ginger Orem CROWN REAL ESTATE AK INC

    316 Brandt St, Fairbanks, AK 99701
  • /42

    $850,000

    • 1,620 Sq Ft

    732 Old Steese Hwy N, Fairbanks, AK 99712

    Great opportunity for a house and business together. Birchview Trail Court consists of 24 trailer pads, a house and detached heated garage. The owner also owns four trailers, three of which are rented out, the fourth one is probably not salvageable. They get $400/month for the pads as land rent and have a few pads that were never developed. Immediate opportunity for site improvement and

    Joel Johnson EMPIRE REALTY, LLC

    732 Old Steese Hwy N, Fairbanks, AK 99712
  • /43

    $1,100,000

    • 9 Beds
    • 7 Baths
    • 4,744 Sq Ft

    1731 Old Steese Hwy N, Fairbanks, AK 99712

    7 living units clustered in the north corner within 56.9 acres. The structure with the large 2nd story deck is a duplex consisting of 2 Bdrms / 1Bath on each level. Could easily be a 4 Bedroom / 2 Bath Single Family Home. Other 5 cabins are rented at $800 per month. Apparent past use for this property was mining. TL6 is the west side of the Old Steese parcel consisting of an estimated 43 acres,

    Richard Kelley Rich Kelley Realty

    1731 Old Steese Hwy N, Fairbanks, AK 99712
  • /42

    $319,000

    • 5 Beds
    • 4 Baths
    • 3,072 Sq Ft

    816 29th Ave, Fairbanks, AK 99701

    Unlock the potential in this spacious up-and-down duplex offering over 3,000 square feet of living space on a generous 14,500 sq ft lot. Featuring a total of 5 bedrooms and 4 full bathrooms. Each unit is equipped with their own washer/dryer hook ups and separate entrances. This property is ideal for investors or owner-occupants looking to offset their mortgage with rental income. This property

    Caitlin Causey NEXTHOME ARCTIC SUN

    816 29th Ave, Fairbanks, AK 99701
  • /2

    $374,000

    • 4 Beds
    • 4 Baths
    • 1,902 Sq Ft

    1421 Kent Ct, Fairbanks, AK 99709

    Income-producing duplex in west Fairbanks. One unit rented for immediate income, second ready for owner or tenant. Near UAF, shopping, and bases. Rental details available.

    VERA BIVOL Majors Realty Group, LLC

    1421 Kent Ct, Fairbanks, AK 99709
  • /6

    $2,275,000

    • 19,353 Sq Ft

    1901 Mary Ann St, Fairbanks, AK 99701

    This 44 unit complex consists of 5 individual 1 bedroom homes, an 18plex, a 7plex, and a 14plex. The 18plex and the 14plex were both remote walled insulated about 10 years ago. the 18plex R52 wall and the 14plex has a R48, with all windows replaced, and bathroom fans added to both complexes, new pitched roof was added to the 14plex approx. 8 years ago. All buildings have had new natural gas

    Ray Brasier BRASIER REALTY

    1901 Mary Ann St, Fairbanks, AK 99701
  • /35

    $499,900

    • 7 Beds
    • 1,800 Sq Ft

    615 Sheep Creek Rd, Fairbanks, AK 99709

    An Exceptional Multi-Residence Retreat Near UAF — A Rare Investment Offering in Fairbanks. Set in a serene, wooded enclave just three miles from the University of Alaska Fairbanks, this distinctive property presents a rare opportunity to own a private four-cabin compound with direct access to premier ski, bike, and running trails only 100 feet away. Thoughtfully designed for both comfort and

    Samuel Oxman THE REAL ESTATE GROUP AK

    615 Sheep Creek Rd, Fairbanks, AK 99709
  • /32

    $249,600

    • 1,484 Sq Ft

    561 Nature Trail Unit 567, 547, 549 Nature, Fairbanks, AK 99709

    Unique Investment Opportunity – 3.5 Acres with 4 Dry Cabins! Less than 4 miles from UAF, this private, wooded retreat offers incredible rental income potential, Situated on two spacious lots, this property features four charming dry cabins, perfect for long-term rentals, Airbnb, or a personal getaway. Easy access for snow machining, Fat-bike riding, & all around recreational activities, whether

    KYLE ALLISON NEXTHOME ARCTIC SUN

    561 Nature Trail Unit 567, 547, 549 Nature, Fairbanks, AK 99709
  • /46

    $380,000

    • 3 Beds
    • 2 Baths
    • 2,014 Sq Ft

    809 Andrew St, Fairbanks, AK 99701

    Live in one unit and let the other pay your mortgage! This nicely updated duplex offers modern living and solid rental income in a prime location. Step inside to an entry area where you can access each unit - upstairs unit offers a two bedroom/ one bath and downstairs - one bedroom/ one bath. Both units have spacious living rooms and kitchens. The upstairs unit has vaulted ceilings and a laundry

    HEATHER WEBER SOMERS SOTHEBY'S

    809 Andrew St, Fairbanks, AK 99701
  • /12

    $334,900

    • 2,626 Sq Ft

    1543 Porchet Way, Fairbanks, AK 99709

    This is a 4- Plex in the heart of Fairbanks off College Rd. It features 2- 2 bedroom units, and 2- 1 bedroom units. The seller is currently covering all utilities for the tenants and the property has positive cash flow. Live in one unit and have the other 3 pay your mortgage!

    Cameron Harter ALASKA REAL ESTATE COMPANY

    1543 Porchet Way, Fairbanks, AK 99709
  • /17

    $179,000

    • 2 Beds
    • 1,000 Sq Ft

    980 Breanne St, Fairbanks, AK 99709

    Dry cabin duplex on 4+ acres with room to grow! If you’ve been thinking about getting into rental property ownership, this is a straightforward, no-frills way to start. Dry cabins are already in place, each with a sleeping loft and simple, efficient layouts that are easy to maintain and operate. Built in 2007 and heated with monitor stoves, these cabins offer the kind of low-maintenance setup

    HEATHER FERGUSON CENTURY 21 GOLD RUSH

    980 Breanne St, Fairbanks, AK 99709

Why Live in Fairbanks

Fairbanks in central Alaska feels both compact and expansive, with about 30,000 residents in town and many more spread across the wider Fairbanks North Star Borough. Daily life often revolves around short commutes to major employers in tourism, health care, oil and mining, as well as the University of Alaska Fairbanks. Locals describe a strong sense of independence paired with a willingness to help, especially during intense winter storms. Outdoor recreation is highly seasonal: summers in the 70s bring hiking, mountain biking and kayaking, while winters with roughly 65 inches of snow and temperatures that can dip below -40 degrees support skiing, dog mushing and ice fishing, plus frequent northern lights sightings during long dark days. Nearby attractions include Creamer’s Field Migratory Waterfowl Refuge, the Chena River riverwalk and Pioneer Park, with Denali National Park about 120 miles away. Downtown Fairbanks is a hub for shopping, dining and museums, including the Fairbanks Ice Museum, Fairbanks Children’s Museum and Fairbanks Community Museum, and it hosts major events like Golden Days, the Midnight Sun Festival and the Tanana Valley State Fair. Housing ranges from 1930s–1950s ranch-style homes near downtown to newer homes in Hamilton Ridge and larger rural lots in areas like Goldstream and Farmers Loop. Families often look to Watershed Charter School, a highly rated option within the Fairbanks North Star Borough School District.

Home Trends in Fairbanks, AK

Housing Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$354,950
Median Townhouse Sale Price
$239,500
Median 2 Bedroom Sale Price
$192,000
Median 1 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
75
Last 12 months Home Sales
721
Months of Supply
1.20
Median List Price
$349,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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