4751 Old Airport Rd Fairbanks, AK 99709
College NeighborhoodEstimated payment $2,518/month
Total Views
5,488
4
Beds
--
Bath
2,576
Sq Ft
$159
Price per Sq Ft
Highlights
- Very Popular Property
- Lawn
- Separate Outdoor Workshop
- RV Access or Parking
- Covered Patio or Porch
- 10 Car Detached Garage
About This Home
Opportunity knocks with this unique and income-generating triplex located at 4751 Old Airport Rd in West Fairbanks. This well-maintained property features three distinct units: a spacious two-bedroom, one-bathroom unit on the main floor and two one-bedroom, one-bathroom units upstairs. Sitting on over half an acre (0.64 acres) in a Light Industrial zoning district, this versatile property is ideal for owner-occupants looking to offset living expenses or investors seeking strong rental income potential. The lower-level unit spans the entire first floor and includes a cozy living room, an open-concept kitchen and dining space, two generously sized bedrooms, and a full bathroom. This unit is currently occupied by a long-term tenant on a month-to-month lease at $1,800/month. Upstairs, each of the one-bedroom units has a private entry into a welcoming living space, corner kitchen, full bathroom, and separate bedroom—all updated with durable laminate flooring. Unit 2 is currently rented at $1,400/month, while Unit 3 is vacant and ready for new possibilities, with previous rents reaching up to $1,600/month. The property also includes a detached three-car garage (no value assigned) and offers approximately 10 off-street parking spots. Built in 1956, the structure blends vintage character with updated finishes in the rental units. Its prime location near Fred Meyer, Raven School, Birch Bowl Company, and the local cigar shop makes it especially convenient for tenants. Whether you're a first-time investor or a seasoned landlord expanding your portfolio, this triplex delivers flexibility, location, and consistent cash flow. Virtual tour available on Zillow. Full rent roll available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,461
Year Built
- Built in 1956
Lot Details
- 0.64 Acre Lot
- Lawn
Home Design
- Triplex
- Poured Concrete
- Membrane Roofing
- Flat Tile Roof
- Aluminum Siding
Interior Spaces
- 4 Bedrooms
- 2,576 Sq Ft Home
- Ceiling Fan
- Triple Pane Windows
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Concrete
- Tile
Laundry
- Laundry on lower level
- Dryer
- Washer
Parking
- 10 Car Detached Garage
- RV Access or Parking
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
Schools
- Denali Elementary School
- Ryan Middle School
- Lathrop High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Oil
Community Details
- 3 Units
- Gross Income $56
Listing and Financial Details
- Tax Lot TL 739
- Assessor Parcel Number 0167401
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,461 | $261,064 | $81,173 | $179,891 |
| 2023 | $3,619 | $274,083 | $81,173 | $192,910 |
| 2022 | $4,223 | $243,069 | $81,173 | $161,896 |
| 2021 | $4,033 | $212,928 | $81,173 | $131,755 |
| 2020 | $3,903 | $204,519 | $81,173 | $123,346 |
| 2019 | $3,897 | $205,762 | $81,173 | $124,589 |
| 2018 | $3,650 | $206,383 | $81,173 | $125,210 |
| 2017 | $3,454 | $208,496 | $81,173 | $127,323 |
| 2016 | $3,349 | $208,496 | $81,173 | $127,323 |
| 2015 | $3,533 | $208,496 | $81,173 | $127,323 |
| 2014 | $3,533 | $208,496 | $81,173 | $127,323 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | For Sale | $410,000 | 0.0% | $159 / Sq Ft |
| 08/23/2025 08/23/25 | Price Changed | $410,000 | +6.5% | $159 / Sq Ft |
| 07/13/2025 07/13/25 | Pending | -- | -- | -- |
| 07/07/2025 07/07/25 | For Sale | $385,000 | 0.0% | $149 / Sq Ft |
| 02/28/2025 02/28/25 | Rented | $1,600 | 0.0% | -- |
| 12/19/2024 12/19/24 | For Rent | $1,600 | 0.0% | -- |
| 11/14/2022 11/14/22 | Sold | -- | -- | -- |
| 07/27/2022 07/27/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $327,000 | -- | $127 / Sq Ft |
Source: Greater Fairbanks Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Yukon Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $319,080 | FHA | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $188,522 | FHA | |
| Previous Owner | $155,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available |
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: 158072
APN: 167401
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