Active

612 11th Avenue

Fairbanks, AK 99701

$599,900 $2,529/Mo

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Overview

Bed

Bath

6,874

Sqft

8,784

Sqft(Lot)

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 t he long term. At its current list price that is putting the property at just under $88.00 a sq/ft. What a Deal.

Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 91495080

MLS Id : 26-12331

Beds : 11

Lot Size : 8,784 Sq. Ft

Living Area Size : 6,874 Sq. Ft

Tax Amount : $5,452.46

Year Built : 1971

County : Fairbanks North Star Borough

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 11

Bathroom Information

Total Baths: 11 Full Baths: 11
Roofing Information

Rubber, Membrane
Interior Features

Roof: Rubber, Membrane
Heating & Cooling

Has Heating: Yes Heating: Baseboard

Building Information

Year Built: 1971 Building Area Total: 6874 Construction Materials: Wood Siding, Frame Private Pool: No

Lot Information

Main Square Feet: 8784 Square Feet Lot Size Acres: 0.2 Lot Size Square Feet: 8784 Lot Description: Level

Listing Price Information

Listing Price: $599900

Tax Information

Parcel Number: 040959 Tax Year: 2026 Annual Tax: $5452.46 Tax Legal Desc: Fairbanks Townsite L3 B116

School Information

Elementary School: Joy

Junior High School: Ryan

Senior High School: West Valley
Location Information

Direction: Google Maps WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
L12 B51 19th Avenue, Fairbanks, AK, 99701	$2,950,000	24	24	10,300	26,650 Sq. Ft
L11-13 B51 19th Avenue, Fairbanks, AK, 99701	$1,950,000	10	10	6,730	26,650 Sq. Ft
622 632 11th Avenue, Fairbanks, AK, 99701	$5,375,000	63	48	26,000	30,364.98 Sq. Ft
1533 Lacey Street, Fairbanks, AK, 99701	$8,750,000	50	44	28,204	34,200 Sq. Ft
253 Romans Way, Fairbanks, AK, 99701	$450,000	10	10	7,000	21,065 Sq. Ft

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ByOwner last updated this listing 10/03/2026 @ 03:34

MLS: 26-12331 LISTED BY: Rich Harter, Alaska Life Realty 907-385-3004 SOURCE: Alaska Multiple Listing Service