2008 Gillam Way Fairbanks, AK 99701
Estimated payment $690/month
About This Home
Investment Opportunity in the Heart of Fairbanks! This centrally located triplex offers incredible potential for the savvy investor or contractor looking to build equity. Featuring two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this multi-family property is just minutes from schools, shopping, childcare, churches, restaurants, and all the conveniences of town. Please note: the property has experienced freeze damage to the heating and plumbing systems and will require significant repairs. Due to the condition, it will need a cash offer or reno/mini construction loan. Whether you're looking to renovate and rent or fix and flip, this is a rare opportunity to own income-producing real estate in a prime Fairbanks location.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 0.33 Acre Lot
- Lawn
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Concrete Foundation
- Shingle Roof
- Plywood Siding Panel T1-11
- Vinyl Siding
Interior Spaces
- 3,158 Sq Ft Home
- Natural lighting in basement
Outdoor Features
- Shed
Schools
- Hunter Elementary School
- Ryan Middle School
- Lathrop High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Oil
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot Lots 15 & 16
- Assessor Parcel Number 0544876
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 |
|---|---|---|---|---|
| 2025 | $3,923 | $238,409 | $30,442 | $207,967 |
| 2024 | $4,332 | $262,332 | $30,442 | $231,890 |
| 2023 | $4,247 | $255,578 | $30,442 | $225,136 |
| 2022 | $3,587 | $198,796 | $30,442 | $168,354 |
| 2021 | $3,739 | $191,175 | $30,442 | $160,733 |
| 2020 | $3,691 | $188,572 | $30,442 | $158,130 |
| 2019 | $3,759 | $190,206 | $30,442 | $159,764 |
| 2018 | $3,830 | $193,153 | $30,442 | $162,711 |
| 2016 | $3,214 | $188,283 | $30,442 | $157,841 |
| 2015 | $3,511 | $188,283 | $30,442 | $157,841 |
| 2014 | $3,511 | $188,283 | $30,442 | $157,841 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Pending | -- | -- | -- | |
| 11/03/2025 11/03/25 | Price Changed | $110,000 | -19.1% | $35 / Sq Ft | |
| 10/01/2025 10/01/25 | Price Changed | $136,000 | -6.8% | $43 / Sq Ft | |
| 08/20/2025 08/20/25 | Price Changed | $146,000 | -6.4% | $46 / Sq Ft | |
| 07/18/2025 07/18/25 | For Sale | $156,000 | -13.3% | $49 / Sq Ft | |
| 10/26/2018 10/26/18 | Sold | -- | -- | -- | View Prior Sale |
| 07/03/2018 07/03/18 | Pending | -- | -- | -- | |
| 02/27/2018 02/27/18 | For Sale | $179,900 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Trustee Deed | $168,100 | Stewart Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Yukon Title Company Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,500 | VA |
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 158202
APN: 544876
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