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Price Drop: $50K (09/24)
Street View
$549,900
Monthly Est:$2,737
11 Beds
11 Baths11 full baths
6,874sqft
612 11th Avenue, Fairbanks, AK 99701
$549,900
$2,737/moEst:
Get Pre-Approved
Multi Family
Built in 1971
$-- HOA
8,784 sqft lot
$80/sq.ft
Description
See more for additional full detailed remarks on this 11 plex. Great investment opportunity on this 11 plex located in downtown Fairbanks, needs some work but a little sweat equity will go a long way with the potential for high yields. Seller just got done installing a brand new $100,000 roof on (9-1-2026), heating upgrades and a fully remodeled unit. Out of the 11 units there are currently only 6 rented that bring in $5325.00 per month. out of the 4 studio units, 3 are already gutted and the 4th needs gutted. the one remaining 1 bedroom is ready to be put back together with doors and cabinets and tub on site. There are also 2 extra rooms in the basement that are not included in the 11 units. Show your creative side and turn this apartment building into a downtown investment property for the long term. At its current list price that is putting the property at just under $88.00 a sq/ft. What a Deal.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 6, 2026 at 10:56 pm
- Listing Provided by: Rich Harter (907) 385-3004 DRE #17863 | Alaska Life Realty (907) 385-3004
- Source: Alaska MLS-AK | MLS#: 26-12331
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
--
City
Neighborhood
Year Built
1971
HOA Fees
-
Finished Area
6,874 sqft
Lot Size
8,784 sqft lot
Basement Area
- sqft
MLS Name
Alaska MLS
MLS Number
26-12331
MLS Status
Active
Days on Market
16
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 11
Interior
Heating
Baseboard
Sewer
Public Sewer
Construction
Year Built
Year Built: 1971
Home type
Multi Family
Roof
Membrane, Rubber
Foundation Details
Block
Construction Materials
Wood Frame 2x6
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Level
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Price Decreased | $549,900 -8.33% $80/sqft |
09/24/2026 Source: | Listed for Sale | $599,900 $87/sqft |
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Based on information from Alaska MLS through Oct 10, 2026, 09:00PM but not compiled or published by Alaska MLS. Data maintained by Alaska MLS may not reflect all real estate activity in the market. Listing content is believed accurate but not guaranteed. 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 Congress Realty Inc. 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. The information or data used in this publication is copyrighted by Alaska MLS 2024 and no portion may be reproduced, redistributed or retransmitted without the express permission of Alaska MLS. Further, Alaska MLS does not warrant the accuracy of the information or data contained herein.© 2026 Alaska Multiple Listing Service Inc. All rights reserved.
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