$2,600,000

Estimated payment $16,035/month

Total Views 1,919
-- Bed
-- Bath
12,000 Sq Ft
$217 Price per Sq Ft

Highlights

  • 4.67 Acre Lot
  • Triple Pane Windows
  • Water Softener
  • Radiant Floor

About This Home

Prime Investment Opportunity: Three Modern 4-Plex Buildings on One Lot Discover an exceptional real estate investment with these three newly constructed 4-plex buildings, built 2017, 2019 and 2023 situated on a single, well-maintained lot. This turnkey property offers a total of 12 well-appointed, fully occupied units, each featuring 2 bedrooms and 1 bathroom—designed with modern finishes and tenant comfort in mind. Generating an impressive $252,000 in gross annual revenue, this income-producing asset boasts consistent cash flow and 100% occupancy, making it an ideal addition to any investor’s portfolio. The contemporary design, quality construction, and desirable layouts ensure low vacancy rates and strong tenant demand. Each unit is thoughtfully equipped to meet today’s rental market standards, offering spacious living areas and ample natural light. Located in a single, convenient lot, this property simplifies management while maximizing land use efficiency. Perfect for seasoned investors or those looking to enter the multifamily market with a high-performing asset. Don’t miss this rare chance to own a modern, revenue-generating multi-unit property with proven returns—schedule your showing today!

Listing Agent

Mike Vansickle

CENTURY 21 GOLD RUSH License #RECB15933

CENTURY 21 GOLD RUSH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,607

Year Built

  • Built in 2017

Lot Details

  • 4.67 Acre Lot

Parking

  • 24 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 12,000 Sq Ft Home
  • Triple Pane Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Radiant Floor
  • Luxury Vinyl Plank Tile

Schools

  • Midnight Sun Elementary School
  • N. Pole Middle School
  • N. Pole High School

Utilities

  • Heating System Uses Oil
  • Well
  • Water Softener
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • 12 Units
  • Gross Income $252,000

Listing and Financial Details

  • Tax Lot TRACT D1
  • Assessor Parcel Number 0429902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,607

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Age: 6-10 yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 216.67
  • Year Built: 2017
  • Configuration: Multiple Structures
  • Subd Township Range: Hobed Industria
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Microwave, Dishwasher, Smoke Detector, Water Softener, Refrigerator
  • Interior Amenities: HRV, Smoke Detectors, Luxury Vinyl Planking
  • Windows: Triple Pane, Vinyl
  • Number of Bathrooms Areas: 12

Exterior Features

  • Construction: Furred Out
  • Exterior Features: Cable TV, Telephone Service
  • Exterior Finish: Vinyl
  • Foundation: Slab on Grade
  • Roof: Shingle
  • Road Access: Gravel

Garage/Parking

  • Number Of Parking Spaces: 24

Utilities

  • Heating: Radiant Floor
  • Water: Private Well
  • Sewer Type: Private

Schools

  • Elementary School: Midnight Sun
  • Middle School: N. Pole Middle
  • High School: N. Pole High

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: TRACT D1
  • Mill Rate: 14.168
  • Number Of Acres: 4.67
  • Zoning: General Use District - 1
  • Lot Sq Ft: 203425

Tax Info

  • Taxes: 18606.70
  • Assessor Parcel Number: 0429902

Multi Family

  • Bedrooms Unit: Two
  • Total Number Of Units: 12
  • Type Of Units2 Bdrm: 12

MLS Schools

  • Elementary School: Midnight Sun
  • Senior High School: N. Pole High
  • Middle School: N. Pole Middle

Map

Range of Values:

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Average Value
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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
04/01/2025 04/01/25 For Sale $2,600,000 +3729.2% $217 / Sq Ft
06/29/2017 06/29/17 Sold -- -- --
06/13/2017 06/13/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $67,900 -- --
Source: Greater Fairbanks Board of REALTORS®

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 157203

Greater Fairbanks Board of REALTORS®