Active

622 632 11th Avenue

Fairbanks, AK 99701

$5,375,000 $22,661/Mo

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Overview

Bed

Bath

26,000

Sqft

30,364.98

Sqft(Lot)

Description

Gated community 34plex in downtown Fairbanks,with convenience galore.Apartments stay full,with a cap rate over 8%,upgraded with new roof,updated windows, vehicle plug-ins for every unit, apartments have been upgraded with LVP, new appliances, new outside paint, reinforced decks. Also includes 635 & 639 10th Ave, 4 updated buildings, Family owned & operated, kept in top condition. Great investment!

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Property Details

Property Type : Residential Income

Price : $5,375,000

AD Id : 91544201

MLS Id : 26-12465

Beds : 63

Lot Size : 30,364.98 Sq. Ft

Living Area Size : 26,000 Sq. Ft

Year Built : 1977

County : Fairbanks North Star Borough

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 63

Bathroom Information

Total Baths: 48 Full Baths: 48
Flooring Information

Linoleum, Carpet, Vinyl
Roofing Information

Rubber, Membrane
Interior Features

Roof: Rubber, Membrane
Heating & Cooling

Has Heating: Yes Heating: Baseboard

Building Information

Year Built: 1977 Building Area Total: 26000 Construction Materials: Wood Siding, Frame Private Pool: No View: City Lights, Mountain(s)

Lot Information

Main Square Feet: 30364.98 Square Feet Lot Size Acres: 0.7 Lot Size Square Feet: 30364.98 Lot Description: Level

Listing Price Information

Listing Price: $5375000 Cash, Conventional, 1031 Exchange

Tax Information

Parcel Number: 0519456 Tax Legal Desc: UMB01 B116 FAIRBANKS TOWNSITE 2002T/R ASSEMBLED L6-7 B116 TOWNSITE

Parking Information

None

School Information

Elementary School: BTV-Undiscl by LL

Junior High School: BTV-Undiscl by LL

Senior High School: BTV-Undiscl by LL
Location Information

Direction: Cushman street, Turn Left on 10th Ave, Property on the left. Police station across the street Fire Dept very close WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)

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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
612 11th Avenue, Fairbanks, AK, 99701	$599,900	11	11	6,874	8,784 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 @ 04:26

MLS: 26-12465 LISTED BY: Elise Buchholz, Living Alaska Style Real Estate 907-242-2442 SOURCE: Alaska Multiple Listing Service