$450,000
$50K PRICE DROP

Estimated payment $2,745/month

Total Views 3,931
7 Beds
-- Bath
2,221 Sq Ft
$203 Price per Sq Ft

About This Home

Seller willing to consider any and all serous offers on this standout income-producing investment property. Located in the Goldstream Valley, this well-maintained multi-family opportunity offers strong rental performance. Situated on 5.9 acres, the property features seven quality-built rental cabins with thirteen additional cabin sites cleared and ready for development. There are five efficiency cabins, one one-bedroom, and one two-bedroom unit. Four of the cabins are dry, while three that are damp with running water for showers and kitchen sinks. All cabins are separately metered with tenants paying their own utilities—ideal for low overhead and easy property management. The gravel roads throughout the property are professionally constructed with proper underlayment, avoiding the mud issues common to similar properties. The street names and cabin addresses are registered with the borough, which ensures smooth delivery and emergency services access. The property has a reliable rental history with long-term tenants, as well as two units operated as short-term rentals for added flexibility and income potential. Whether you're an investor expanding your rental portfolio, a developer exploring a cabin community, or a buyer seeking steady cash flow and long-term potential, this rare offering checks all the boxes.

Listing Agent

DOUGLAS LANGE

EXP REALTY, LLC License #145686 Listed on: 06/07/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 2012

Parking

  • 14 Parking Spaces

Home Design

  • Shingle Roof
  • Metal Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 7 Bedrooms
  • 2,221 Sq Ft Home
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Schools

  • University Park Elementary School
  • Randy Smith Middle School
  • West Valley High School

Utilities

  • Heating System Uses Oil
  • Water Holding Tank

Additional Features

  • Air Exchanger
  • 5.9 Acre Lot

Community Details

  • 7 Units
  • Gross Income $50,000

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0595631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,169

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: SEVEN PLEX
  • Age: 11-15 yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 202.61
  • Year Built: 2012
  • Configuration: Cabins
  • Subd Township Range: T2N R1W
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Passive Air Exchange, Smoke Detectors
  • Total Bedrooms: 7
  • Windows: Vinyl

Exterior Features

  • Construction: 2x6
  • Exterior Finish: T1-11
  • Roof: Metal, Shingle
  • Road Access: Gravel, Maintained

Garage/Parking

  • Number Of Parking Spaces: 14

Utilities

  • Heating: Monitor/Toyo
  • Water: Holding Tank
  • Sewer Type: None

Schools

  • Elementary School: University Park
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 5
  • Mill Rate: 15.096
  • Number Of Acres: 5.9
  • Zoning: General Use District - 1
  • Lot Sq Ft: 257047

Tax Info

  • Taxes: 4169
  • Assessor Parcel Number: 0595631

Multi Family

  • Total Number Of Units: 7
  • Type Of Units1 Bdrm: Cabin
  • Type Of Units2 Bdrm: Cabin
  • Type Of Units Eff: Cabin

MLS Schools

  • Elementary School: University Park
  • Senior High School: West Valley
  • Middle School: Randy Smith

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

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $450,000 -10.0% $203 / Sq Ft
06/07/2025 06/07/25 For Sale $500,000 -- $225 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 157815

Greater Fairbanks Board of REALTORS®