1616 Mary Ann St Fairbanks, AK 99701
Estimated payment $2,987/month
Highlights
- Greenhouse
- Deck
- Thermal Windows
- RV Access or Parking
- Wood Frame Window
- 4 Car Attached Garage
About This Home
Investment Opportunity – Triplex Near Hospital! Don’t miss this chance to own a well-maintained triplex in a prime location close to the hospital. This property offers steady income with two long-term, reliable tenants already in place, while the third unit is owner-occupied—making it eligible for VA or FHA financing. The building includes: Two units: each with 2 bedrooms and 1 bathroom One unit: spacious 4 bedrooms and 2 bathrooms Two-car heated garage Recent upgrades add major value, including a new roof and a high-efficiency Buderus boiler system. Current rental income is approximately $4,400 per month, with potential for even greater cash flow. This is a perfect opportunity to let your tenants help cover the mortgage while building long-term equity. Whether you’re a first-time investor or looking to expand your portfolio, this property is worth a closer look. Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,495
Year Built
- Built in 1978
Lot Details
- 0.34 Acre Lot
- Fenced
- Garden
Home Design
- Triplex
- Concrete Foundation
- Shingle Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 8 Bedrooms
- 4,794 Sq Ft Home
- Thermal Windows
- Double Pane Windows
- Wood Frame Window
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
Parking
- 4 Car Attached Garage
- Heated Garage
- RV Access or Parking
Outdoor Features
- Deck
- Greenhouse
- Shed
Schools
- Hunter Elementary School
- Ryan Middle School
- Lathrop High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Oil
- High Speed Internet
- Cable TV Available
Community Details
- Gross Income $52,800
Listing and Financial Details
- Tax Lot 17 & 18
- Assessor Parcel Number 0090638
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,113 | $370,222 | $12,750 | $357,472 |
| 2023 | $6,004 | $361,284 | $12,750 | $348,534 |
| 2022 | $5,271 | $292,118 | $12,750 | $279,368 |
| 2021 | $0 | $281,509 | $12,750 | $268,759 |
| 2020 | $5,668 | $289,550 | $12,750 | $276,800 |
| 2019 | $5,868 | $294,871 | $12,750 | $282,121 |
| 2018 | $5,868 | $295,918 | $12,750 | $283,168 |
| 2017 | $5,147 | $289,387 | $12,750 | $276,637 |
| 2016 | $4,918 | $288,101 | $12,750 | $275,351 |
| 2015 | $4,533 | $245,157 | $12,750 | $232,407 |
| 2014 | $4,533 | $245,157 | $12,750 | $232,407 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $465,000 | +38.8% | $97 / Sq Ft |
| 03/31/2016 03/31/16 | Sold | -- | -- | -- |
| 02/15/2016 02/15/16 | Pending | -- | -- | -- |
| 04/06/2015 04/06/15 | For Sale | $335,000 | -- | $70 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity Ttl Agcy Of Ak Llc | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $261,886 | FHA | |
| Closed | $294,074 | FHA |
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 158539
APN: 90638
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