$412,000

1517 Lathrop St Fairbanks, AK 99701

Estimated payment $2,690/month

Total Views 2,080
6 Beds
2 Baths
2,240 Sq Ft
$184 Price per Sq Ft

Highlights

  • Popular Property
  • Vaulted Ceiling
  • Triple Pane Windows
  • Deck
  • 2 Car Attached Garage
  • Intercom

About This Home

Duplex Opportunity in Prime Fairbanks Location – Live In or Invest! Welcome to 1517 Lathrop Street – This Lindal Cedar Home is a spacious and well-maintained 6-bedroom, 2-bath duplex located in the heart of Fairbanks. This property features a 3-bedroom, 1-bath unit upstairs and a 3-bedroom, 1-bath unit downstairs, each with generous living space and shared access to an attached heated two-car garage. The downstairs unit is currently rented for $1,800/month with a lease expiring at the end of September, offering immediate income potential. The upstairs unit is vacant, making it perfect for an owner-occupant or a new tenant. Built with 2x6 construction on a poured concrete slab, this duplex includes 2,240 sq ft of living space plus a 729 sq ft garage and sits on a 0.38-acre lot. The exterior features durable lap siding with T1-11 and a shingled roof. Centrally located and within walking distance to Chief Andrew Isaac Health Center and Fairbanks Memorial Hospital, with easy access to downtown, shopping, schools, and the bus line. Property Highlights: Total: 6 Bedrooms | 2 Bathrooms Upstairs: 3 Bed, 1 Bath – Vacant Downstairs: 3 Bed, 1 Bath – Rented @ $1,800/mo through September 2,240 sq ft living space + 729 sq ft heated garage 0.38-acre lot | City water/sewer Strong rental history & investment potential Ideal location close to hospitals, schools, public transit & amenities Perfect for investors or those looking to live in one unit while renting the other – don’t miss this opportunity!

Listing Agent

Michael Garza

ALASKA LIFE REALTY License #105594 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 1974

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Triple Pane Windows
  • Drapes & Rods
  • Laminate Flooring
  • Oven or Range
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Schools

  • Denali Elementary School
  • Ryan Middle School
  • Lathrop High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • 0.4 Acre Lot

Listing and Financial Details

  • Tax Lot 10a
  • Assessor Parcel Number 0062511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,920

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: 2 Story
  • Access: Paved, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 2240
  • Fire Service: Public
  • Price Per Sq Ft: 183.93
  • Year Built: 1974
  • Subd Township Range: Council
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator, Washer, Dryer, Curtain Rods, Garage Door Opener, Drapes
  • Interior Amenities: Intercom, Vaulted Ceiling, Smoke Detectors, Laminate Flooring
  • Windows: Triple Pane
  • Number Of Bedrooms: 6
  • Lower Level Number Bedrooms: 3
  • Upper Level Number of Bedrooms: 3
  • Total Bathrooms: 2
  • Lower Level Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Finished
  • Laundry: Upper Level, Lower Level

Exterior Features

  • Construction: 2x6
  • Exterior Features: Deck/Patio, Cable TV, Internet Available, Paved Driveway
  • Exterior Finish: Cedar
  • Foundation: Poured Concrete
  • Road Service: Public
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached/HTD
  • Garage Capacity: 2
  • Estimated Garage Sq Ft: 756
  • Number Of Parking Spaces: 2

Utilities

  • Heating: Hot Water Baseboard
  • Water: Public
  • Sewer Type: Public

Condo/Co-op/Association

  • Monthly HOA Fees: Unk

Schools

  • Elementary School: Denali
  • Middle School: Ryan
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 16467
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 10a
  • Mill Rate: 16.453
  • Number Of Acres: 0.4
  • Zoning: Two-Family Residential District
  • Zoning Overlay: unknown

Tax Info

  • Taxes: 4920.08
  • Assessor Parcel Number: 0062511

MLS Schools

  • Elementary School: Denali
  • Senior High School: Lathrop
  • Middle School: Ryan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,737 $286,879 $55,329 $231,550
2023 $1,744 $304,951 $55,329 $249,622
2022 $1,515 $274,392 $55,329 $219,063
2021 $3,896 $247,985 $55,329 $192,656
2020 $767 $230,490 $55,329 $175,161
2019 $3,896 $232,932 $55,329 $177,603
2018 $1,557 $235,909 $55,329 $180,580
2017 $1,638 $224,175 $55,329 $168,846
2016 $3,372 $217,522 $55,329 $162,193
2015 $3,488 $214,713 $55,329 $159,384
2014 $3,488 $210,286 $55,329 $154,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $412,000 -- $184 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

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Source: Greater Fairbanks Board of REALTORS®

MLS Number: 158225

Greater Fairbanks Board of REALTORS®

APN: 62511