$779,700
$10K PRICE DROP

1109 Merganser St Unit Cabin 1 - 12 Fairbanks, AK 99709

Chena Ridge Neighborhood

Estimated payment $4,545/month

Total Views 13,373
-- Bed
-- Bath
4,600 Sq Ft
$170 Price per Sq Ft

About This Home

Great Opportunity To Own 12 Dry Cabins! Each Cabin Has Their Own Electricity, Fuel Tanks, & Outhouses, Tenants Pay Their Own Utilities, Makes This Investment Easy Maintenance & Operation, Located Close To The UAF & Boat Shop, On West Side Of Town, Flat Ground & Maintained Road All The Way, Cabins Owned By AK Licensed Realtor. Sold AS-IS. All Cabins Are Full Rented Grossing $8,700/Month! 10.3% Cap Rate!! Motivated Sellers!!!

Listing Agent

KYLE ALLISON

NEXTHOME ARCTIC SUN License #171076 Listed on: 09/17/2025

NEXTHOME ARCTIC SUN

Co-Listing Agent

Melissa Richardson

NEXTHOME ARCTIC SUN License #RECS18401

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,215

Year Built

  • Built in 2000

Parking

  • 12 Parking Spaces

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Oven or Range

Schools

  • University Park Elementary School
  • Randy Smith Middle School
  • West Valley High School

Additional Features

  • 1.84 Acre Lot
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 12-A
  • Assessor Parcel Number 0122602

Community Details

Overview

  • 12 Units

Building Details

  • Gross Income $108
  • Net Operating Income $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,215

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Age: 20 + yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 169.5
  • Year Built: 2000
  • Configuration: Cabins
  • Subd Township Range: Chena Mar3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator
  • Windows: Vinyl, Wood

Exterior Features

  • Construction: Log
  • Exterior Finish: Log
  • Foundation: Treated Posts
  • Road Service: Public
  • Roof: Metal
  • Road Access: Dirt, Maintained

Garage/Parking

  • Number Of Parking Spaces: 12
  • Outside Parking Space Unt: 12

Utilities

  • Heating: Monitor/Toyo
  • Sewer Type: Other/See Remarks

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 12-A
  • Mill Rate: 16.035
  • Number Of Acres: 1.836
  • Zoning: General Use District - 1
  • Zoning Overlay: UNK
  • Lot Sq Ft: 79976

Tax Info

  • Taxes: 5,215.34
  • Assessor Parcel Number: 0122602

Multi Family

  • Total Number Of Units: 12
  • Type Of Units Eff: 12

MLS Schools

  • Elementary School: University Park
  • Senior High School: West Valley
  • Middle School: Randy Smith

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $779,700 0.0% $170 / Sq Ft
10/18/2025 10/18/25 Price Changed $779,800 0.0% $170 / Sq Ft
10/12/2025 10/12/25 Price Changed $779,900 -0.6% $170 / Sq Ft
09/22/2025 09/22/25 Price Changed $784,900 -0.6% $171 / Sq Ft
09/17/2025 09/17/25 For Sale $789,900 -- $172 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 158694

Greater Fairbanks Board of REALTORS®
Alaska Fairbanks North Star Borough Fairbanks 99709 Chena Ridge

1109 Merganser St Unit Cabin 1 - 12, Fairbanks, AK

For Sale

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Listing Agent
KYLE ALLISON
Section Image
NEXTHOME ARCTIC SUN
(907) 388-0000