$425,000

405 Lathrop St Fairbanks, AK 99701

Weeks Field Neighborhood

Estimated payment $2,444/month

5 Beds
3.5 Baths
3,528 Sq Ft
$120 Price per Sq Ft

Highlights

  • Deck
  • Covered Patio or Porch
  • Shed
  • Den
  • Double Pane Windows
  • 1-minute walk to Chena Riverwalk

About This Home

Beautifully Updated Duplex Near the Chena River and Downtown Fairbanks! Excellent investment or owner-occupant opportunity in a prime location just minutes from the Chena River, Fairbanks Memorial Hospital, and downtown amenities. This well-maintained duplex offers two spacious and versatile units. The main unit features 3 bedrooms and 2 bathrooms, showcasing tasteful updates throughout, a bright open layout, and comfortable modern finishes — perfect for owner occupancy or long-term tenants. The second unit offers a large living area, 1 bedroom plus an office, and an additional office or flex space upstairs — ideal for remote work or creative use. Step outside to enjoy the huge covered deck, perfect for entertaining or relaxing year-round, plus a massive covered storage area below for all your Alaska gear and equipment. Conveniently located near trails, parks, and all Fairbanks conveniences, this property combines solid rental potential with comfortable living in one of the city’s most desirable areas.

Listing Agent

Zeb Mabie

SUMMIT REALTY GROUP License #RECS16591 Listed on: 11/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1983

Lot Details

  • 9,313 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 3,528 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Den
  • Tile Flooring
  • Natural lighting in basement
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Denali Elementary School
  • Ryan Middle School
  • Lathrop High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot Lot 4A of 5
  • Assessor Parcel Number 0570893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: Daylight Basement
  • Single Family Options: DETACHED
  • Access: Gravel, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 3528
  • Fire Service: Public
  • Price Per Sq Ft: 120.46
  • Year Built: 1983
  • Subd Township Range: Herning
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Refrigerator, Blinds
  • Interior Amenities: Tile Floor, Smoke Detectors
  • Windows: Double Pane
  • Number Of Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Number of Partial Bathrooms: 1
  • Other Rooms: Den/Study/Office

Exterior Features

  • Construction: 2x6
  • Exterior Features: Deck/Patio, Fence, Shed, Covered Deck/Patio
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Metal

Utilities

  • Heating: Hot Water Baseboard
  • Water: Public
  • Sewer Type: Public

Condo/Co-op/Association

  • Monthly HOA Fees: $0

Lot Info

  • Estimated Lot Sq Ft: 9313
  • Assessments: Unknown
  • Flood Zone: X
  • Lot Tax Lot: Lot 4A of 5
  • Mill Rate: 16.453
  • Number Of Acres: 0.2
  • Zoning: Two-Family Residential District

Tax Info

  • Taxes: $2623.82
  • Assessor Parcel Number: 0570893

MLS Schools

  • Elementary School: Denali
  • Senior High School: Lathrop
  • Middle School: Ryan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,624 $159,473 $17,295 $142,178
2024 -- -- -- --
2023 $0 $300,546 $32,595 $267,951
2022 $0 $304,074 $32,595 $271,479
2021 $0 $305,054 $32,595 $272,459
2020 $3,002 $153,344 $16,297 $137,047
2019 $3,031 $153,344 $16,297 $137,047
2018 $3,041 $153,344 $16,297 $137,047
2017 $2,728 $153,344 $16,297 $137,047
2016 $2,617 $153,344 $16,297 $137,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $425,000 -- $120 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Trustee Deed $93,754 None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 159007

Greater Fairbanks Board of REALTORS®

APN: 570893

Alaska Fairbanks North Star Borough Fairbanks 99701 Weeks Field

405 Lathrop St, Fairbanks, AK

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.

Greater Fairbanks Board of REALTORS® 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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Zeb Mabie
Listing Agent
Zeb Mabie
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SUMMIT REALTY GROUP
(907) 388-6348