298 W 5th Ave North Pole, AK 99705
Estimated payment $2,217/month
Total Views
97,942
4
Beds
--
Bath
1,440
Sq Ft
$242
Price per Sq Ft
Highlights
- Double Pane Windows
- Shed
- Ceiling Fan
About This Home
Attention investors—don’t miss this income-generating triplex at 298 West 5th Avenue in North Pole, Alaska, listed at $349,000. With two of the three units already rented and the third available for owner occupancy or immediate leasing, this property offers strong potential for both cash flow and long-term equity. Situated on 0.30 acres with durable 2x6 construction, the building includes a total of four bedrooms and three bathrooms, with ample parking for up to eight vehicles. The layout consists of three side-by-side units: Unit 3 is a spacious two-bedroom, one-bathroom residence, while Units 1 and 2 are efficient one-bedroom, one-bathroom apartments. Whether you're looking to house hack by living in one unit while the others help pay the mortgage, or fully lease the property for passive income, this triplex provides flexibility and low overhead. Located just minutes from both Fort Wainwright and Eielson Air Force Base, it’s an ideal location for attracting military tenants, and the rental history reflects consistent demand. The property is easy to maintain, cost-effective to operate, and primed for reliable returns. A virtual tour is available in the link—be sure to check it out and see why this North Pole property is a smart addition to any portfolio. rents are currently $1600 for the 2 bed unit and $1400 for the 1 bed units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,591
Year Built
- Built in 1957
Parking
- 7 Parking Spaces
Home Design
- Triplex
- Concrete Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 1,440 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Laminate Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Cooktop
- Microwave
Laundry
- Dryer
- Washer
Schools
- North Pole Elementary School
- N. Pole Middle School
- N. Pole High School
Additional Features
- Shed
- 13,720 Sq Ft Lot
- Heating System Uses Oil
Community Details
- 3 Units
- Gross Income $40
Listing and Financial Details
- Tax Lot Lot 1A
- Assessor Parcel Number 0111341
Map
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Tax 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.
| 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 | $3,591 | $227,740 | $14,406 | $213,334 |
| 2024 | $3,500 | $222,624 | $14,406 | $208,218 |
| 2023 | $3,381 | $217,149 | $14,406 | $202,743 |
| 2022 | $3,169 | $177,215 | $14,406 | $162,809 |
| 2021 | $3,299 | $169,562 | $14,406 | $155,156 |
| 2020 | $3,020 | $158,499 | $14,406 | $144,093 |
| 2019 | $2,795 | $155,356 | $14,406 | $140,950 |
| 2018 | $2,553 | $151,200 | $14,406 | $136,794 |
| 2017 | $2,161 | $145,851 | $14,406 | $131,445 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $349,000 | 0.0% | $242 / Sq Ft | |
| 04/15/2026 04/15/26 | Pending | -- | -- | -- | |
| 07/21/2025 07/21/25 | For Sale | $349,000 | +62.4% | $242 / Sq Ft | |
| 10/16/2020 10/16/20 | Sold | -- | -- | -- | View Prior Sale |
| 07/24/2020 07/24/20 | For Sale | $214,900 | +34.4% | $149 / Sq Ft | |
| 07/23/2020 07/23/20 | Pending | -- | -- | -- | |
| 09/26/2016 09/26/16 | Sold | -- | -- | -- | View Prior Sale |
| 06/11/2016 06/11/16 | Pending | -- | -- | -- | |
| 06/07/2016 06/07/16 | For Sale | $159,900 | -- | $111 / Sq Ft |
Source: Greater Fairbanks Board of REALTORS®
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Personal Reps Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $161,550 | New Conventional | |
| Previous Owner | $175,698 | VA | |
| Previous Owner | $116,925 | Unknown |
Source: Public Records
About the Listing Agent
I'm a proud transplant Alaskan. My story starts as a Army brat growing up all around the East Coast and Germany. I've been an athlete and Team player my whole life. After High School I attended Virginia Military Institute and earn my Bachelors degree in International Studies as well as Modern Languages and Culture.After graduation I started my 9 year career with the US Army as an Infantry Officer. I have deployed to Afghanistan as a member of the historic 101st Airborne Division and Deployed to
Nic's Other Listings
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 158215
APN: 111341
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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