Seller's Agent in 2024
Melissa Richardson
NextHome Arctic Sun
(907) 388-2175
10 in this area
137 Total Sales
100 10th Ave Fairbanks, AK 99701
Downtown Fairbanks Neighborhood
64
Beds
64
Baths
59,616
Sq Ft
2.3
Acres
About This Home
As of July 2024Welcome to the Dixon Apartments, a prime investment opportunity nestled in the heart of Fairbanks. This multi-family complex offers a total of 64units spread across two well-maintained buildings, presenting an excellent chance for investors seeking stable returns and long-term growth. The complex offers a mix of unit sizes, including one-bedroom, and two-bedroom apartments, catering to a diverseWelcome to the Dixon Apartments, a prime investment opportunity nestled in the heart of Fairbanks. This multi-family complex offers a total of 64 units spread across two well-maintained buildings, presenting an excellent chance for investors seeking stable returns and long-term growth. The complex offers a mix of unit sizes, including one-bedroom, and two-bedroom apartments, catering to a diverse tenant base. In addition to residential units, the property includes 60+ indoor storage units, providing an opportunity for supplementary income. Over the years, several upgrades have been made, including a new sewer line (2019), exterior insulation, new siding, and storm windows (2009), and interior renovations as needed, ensuring the property remains attractive and competitive. Each building features coin-operated laundry facilities, providing convenience for tenants and additional revenue streams for the owner. Conveniently situated off Steese Highway on 10th Avenue, the Dixon Apartments offer easy access to amenities, schools, and transportation routes. With a current 5% vacancy rate and well-maintained facilities, the Dixon Apartments present a compelling investment opportunity with significant upside potential. Efficient management and strategic marketing initiatives can further enhance rental income and maximize returns for investors. Don't miss out on this exceptional investment opportunity in Fairbanks. Whether you're a seasoned investor or exploring your first venture in real estate, the Dixon Apartments offer a solid foundation for long-term success. Call today to schedule a private viewing and take the first step toward building your investment portfolio.
Last Agent to Sell the Property
NextHome Arctic Sun License #18401 Listed on: 04/28/2024
Property Details
Home Type
- Apartment
Year Built
- Built in 1945
Lot Details
- 2.3 Acre Lot
- Sprinkler System
Parking
- 64 Parking Spaces
Home Design
- 59,616 Sq Ft Home
- Shingle Roof
Bedrooms and Bathrooms
- 64 Bedrooms
- 64 Full Bathrooms
Schools
- Ann Wien Elementary School
- Ryan Middle School
- Lathrop High School
Utilities
- Heating Available
Community Details
Overview
- 2 Buildings
- 64 Units
Building Details
- Gross Income $717,840
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | -- | -- | -- |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | For Sale | $5,750,000 | -- | $96 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
Agents Affiliated with this Home
-
Melissa Richardson
Map
Source: Alaska Multiple Listing Service
MLS Number: 24-4548
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X are marked with either the listing brokerage’s logo or 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. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Nearby Homes
- 202 10th Ave
- 202 10th Ave Unit 202 & 142 10th
- NHN Slater Dr
- 701 Bentley Dr
- 307 Slater Dr
- Lot 4 Chena River Access
- 729 Bentley Dr
- 305 Kody Dr
- 579 Slater Dr
- 79 Slater Dr Unit 4
- 79 Slater Dr
- 699 Stacia St
- 1421 Mary Ann St
- 1534 Noble St
- 550 2nd St
- NHN Chena Landings Loop Rd
- 741 8th Ave
- 812 5th Ave
- 1616 Mary Ann St
- 310 18th Ave