$365,000

Estimated payment $2,237/month

Total Views 475
5 Beds
-- Baths
2,344 Sq Ft
$156 Price per Sq Ft

About This Home

Investment opportunity in a convenient Fairbanks location! This four-plex is currently generating $5,670 per month in rental income, offering an attractive opportunity to add an income-producing property to your portfolio. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, providing a versatile unit mix with four total units and five bedrooms. With approximately 2,344 square feet, the property sits on a .195-acre lot and offers 8 off-street parking spaces for tenants. Located in North Fairbanks with convenient access to College Road, shopping, schools, downtown and nearby amenities. Whether you're looking to expand an existing rental portfolio or make your first move into multifamily investing, this property offers established rental income at an approachable price point. Four units. $5,670/month in current income. One opportunity to put your money to work from day one.

Listing Agent

Jerry Lymburner

POWERED BY LYMBURNER REALTY License #RECS18504 Listed on: 09/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1945

Parking

  • 8 Parking Spaces

Home Design

  • 2,344 Sq Ft Home
  • Quadruplex
  • Concrete Foundation

Schools

  • Ann Wien Elementary School
  • Randy Smith Middle School
  • West Valley High School

Additional Features

  • 5 Bedrooms
  • 8,520 Sq Ft Lot

Community Details

  • 4 Units
  • Gross Income $68,040

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 262005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,555

Year Built

Built in 1945

Lot Details

8,520 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Age: 20 + yrs.
  • Price Per Sq Ft: 155.72
  • Year Built: 1945
  • Configuration: Apartment Style
  • Subd Township Range: Snowball
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Number of Bathrooms Areas: 4

Exterior Features

  • Construction: Furred Out
  • Foundation: Concrete Block

Garage/Parking

  • Number Of Parking Spaces: 8
  • Outside Parking Space Unt: 2

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 4
  • Mill Rate: 16.587
  • Number Of Acres: 0.195
  • Zoning: Two-Family Residential District
  • Zoning Overlay: UNK
  • Lot Sq Ft: 8520

Tax Info

  • Taxes: 2555
  • Assessor Parcel Number: 262005

Multi Family

  • Bedrooms Unit: Combo
  • Total Number Of Units: 4
  • Type Of Units1 Bdrm: 3
  • Type Of Units2 Bdrm: 1

MLS Schools

  • Elementary School: Ann Wien
  • Senior High School: West Valley
  • Middle School: Randy Smith

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/08/2026 09/08/26 For Sale $365,000 -- $156 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 161252

Greater Fairbanks Board of REALTORS®
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