612 11th Avenue, Fairbanks, AK 99701
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 26-12331
Contract Info
- Price-List
- 549900
- Date-Listing
- 2026-09-24
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 710 - North Fairbanks
- Street #
- 612
- Street Name
- 11th
- Arterial
- Avenue
- Closest USPS Town
- Fairbanks
- State
- AK
- Zip Code
- 99701
Property Info
- Realtor.com Type
- Multi-Family
- Construction Status
- Existing Structure
- Beds
- 11
- Bathrooms Full
- 11
- Bathrooms Total
- 11
- Bldgs-Ttl #
- Yes
- Year Built
- 1971
- Year Remodeled
- 2026
- Year Updated
- 2026
- SF-Res
- 6874
- Number of Units
- 11
- SF-Lot
- 8784
- Acres
- 0.2
- Prkg Spcs
- 14
- Lot Area Source
- Plat
- Zoning
- MF - Multiple Family Residential
Directions and Remarks
- Directions
- Google Maps