612 11th Avenue, Fairbanks, AK 99701

Fairbanks
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
612 11th Avenue,Fairbanks, AK 99701
$524,900
  • 11 Beds
  • 11 Baths
  • 6,874 sq. ft.
  • Multi-family
  • Pending
Listed by: rich harter
Office: alaska life realty
MLS#:26-12331
Source:AK_AMLS

Price summary

  • Price:$524,900
  • Price per sq. ft.:$76.36

About this home

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.

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Home facts

  • Year built:1971
  • Listing ID #:26-12331
  • Added:45 day(s) ago
  • Updated:November 09, 2026 at 09:41 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:11
  • Full bathrooms:11
  • Living area:6,874 sq. ft.

Structure and exterior

  • Roof:Membrane, Rubber
  • Year built:1971
  • Building area:6,874 sq. ft.
  • Lot area:0.2 Acres
  • Construction Materials:Wood Frame - 2x6
  • Foundation Description:Block

Schools

  • High school:West Valley
  • Middle school:Ryan
  • Elementary school:Joy

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$524,900
  • Price per sq. ft.:$76.36
  • Tax amount:$5,452
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