$607,000

253 Romans Way Fairbanks, AK 99701

Estimated payment $4,001/month

Total Views 809
10 Beds
10 Baths
7,000 Sq Ft
$87 Price per Sq Ft

About This Home

Rare opportunity to own spacious/versatile 10-BR, 10 BA multiplex in prime location! Offers flexibility, includes multiple units with separate entries, office space, laundry facility, lg parking area, & lot. Located near schools, shopping, public transportation, & Pioneer Park! Great for investors, potential group home/supportive housing. Whether you're looking to generate rental income or care-related business, this property has the space, structure, & location to meet your needs! Schedule your showing to explore all it has to offer! Rents: 2 - 2BR $1400 mo., 5 - 1BR $1100 mo., 4 - Single Room Occupancy $600 mo. Total rents $10,700, currently below AHFC market rates.

Listing Agent

Jennifer & Will Bernard

Next Level Realty, LLC License #14908 Listed on: 06/09/2025

Co-Listing Agent

William Bernard

Next Level Realty, LLC License #15291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 10 Parking Spaces

Home Design

  • 7,000 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Schools

  • Hunter Elementary School
  • Ryan Middle School
  • Lathrop High School

Additional Features

  • 0.48 Acre Lot
  • Heating Available

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Co List Office Mls Id: 959
  • Co List Office Phone: 907-562-6577
  • Directions: Take Cushman/Old Richardson Hwy exit, continue on 30th Ave, Left on Leasure St, Right on Romans Way
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 10
  • Total Bedrooms: 10
  • Living Area: 7000

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Common Area
  • Heating: Unknown
  • Heating Yn: Yes
  • Sewer: Unknown
  • Water Source: Unknown-BTV

Schools

  • Elementary School: Hunter
  • High School: Lathrop
  • Middle Or Junior School: Ryan

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20908.8
  • Mobile Dim Units: Feet
  • Zoning Description: General Commercial
  • Zoning: GC

Green Features

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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ICE

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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 Change Sq Ft Price
06/09/2025 06/09/25 For Sale $607,000 +246.9% $87 / Sq Ft
05/13/2014 05/13/14 Sold -- -- --
04/25/2014 04/25/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $175,000 -- $25 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-6992

Alaska Multiple Listing Service