$176,000
$9K PRICE DROP

L5 Fairbanks St Anchorage, AK 99503

Midtown Neighborhood

Estimated payment $1,109/month

Total Views 15,805
0.26 Acre
$676,923 Price per Acre
11,326 Sq Ft Lot

About This Lot

Vacant Land - R3 Zoning in a Well-Regarded Location. This property allows for the construction of a 4-plex, or up to a 6 or 7-unit multifamily complex, presenting a direct opportunity for tailored development with various housing options. Ideal for investors and builders looking to capitalize on the demand in this area.

Listing Agent

Rodger Cinkota

Denali Real Estate License #215616 Listed on: 04/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,151

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R3, Multiple Family Residential

Property Views

  • Peek-A-Boo Views

Schools

  • North Star Elementary School
  • Central Middle School
  • West Anchorage High School

Property Details

Property Type

Land

Est. Annual Taxes

$2,151

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From Seward Highway, west on Fireweed Lane, right on Eagle Street. Right on E 24th Ave, Left on Fairbanks St, Lot is to the left.
  • Special Features: None

Exterior Features

  • Lot Features: Fire Service Area, City Lot, Multi-Family Ok
  • Topography: Level
  • View: Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No

Schools

  • Elementary School: North Star
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2150.52
  • Tax Map Number: N/A
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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
06/26/2025 06/26/25 Price Changed $176,000 -1.7% --
05/26/2025 05/26/25 Price Changed $179,000 -3.2% --
04/28/2025 04/28/25 For Sale $185,000 -- --
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-4734

Alaska Multiple Listing Service
Alaska Anchorage Borough Anchorage 99503 Midtown

L5 Fairbanks St, Anchorage, AK

This home is located at L5 Fairbanks St, Anchorage, AK 99503 and is currently priced at $176,000. L5 Fairbanks St is a home located in Anchorage Municipality with nearby schools including Rogers Park Elementary School, Romig Middle School, and West High School.

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Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes
Listing Agent
Rodger Cinkota
Section Image
Denali Real Estate
(907) 315-1974