612 College Road, Fairbanks, AK 99701
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
612 College Road,Fairbanks, AK 99701
$330,000
- 3 Beds
- 3 Baths
- 2,064 sq. ft.
- Single family
- Pending
Listed by: dan kiernan
Office: majors realty group, llc.
MLS#:25-13072
Source:AK_AMLS
Price summary
- Price:$330,000
- Price per sq. ft.:$159.88
About this home
612 College Road has everything that makes a rental property work long-term: a central location, a captive tenant pool, and the kind of quiet, steady demand that doesn't depend on market timing. And, based on the last three years of annual expenses and income, a prospective owner occupant would stand to pay roughly $450/mo to live, after electric, heat, and water and sewer! That's less than thethe rent on a dry cabin!
This single-story triplex offers three 1-bed, 1-bath units across 2,064 square feet, each with updated flooring, fixtures, and newly installed triple-pane windows. Boiler heat keeps operating costs predictable. Unit 3 adds an attached garage -- for an owner-occupant suite if desired! Historically, rents run $1,300/unit/month, and the location offers tenants a short bus ride to the university, downtown, and major shopping corridors.
And then there's the lot next door.
An adjacent 4,200 square feet of land is available alongside the triplex -- room to build a second income property, add storage units, or even move snow in the winter!
At $330,000, this isn't a speculative bet. It's an already-performing asset with room to grow, in a location that tenants keep choosing year after year...
Contact an agent
Home facts
- Year built:1950
- Listing ID #:25-13072
- Added:164 day(s) ago
- Updated:March 27, 2026 at 12:42 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,064 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Membrane
- Year built:1950
- Building area:2,064 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Concrete
- Foundation Description:Concrete Perimeter
Schools
- High school:Lathrop
- Middle school:Randy Smith
- Elementary school:Joy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$330,000
- Price per sq. ft.:$159.88
New listings near 612 College Road
$345,000Pending3 beds 2 baths1,725 sq. ft.2007 Central Avenue, Fairbanks, AK 99709
MLS# 26-2644Listed by: ALASKA LIFE REALTY
$348,900Pending2 beds 3 baths2,176 sq. ft.164 Carlyle Way, Fairbanks, AK 99709
MLS# 26-2597Listed by: ALASKA LIFE REALTY
$775,000Active5 beds 4 baths3,372 sq. ft.149 Concord Avenue, Fairbanks, AK 99712
MLS# 26-2242Listed by: WALDEN HOME GROUP
$8,750,000Active50 beds 44 baths28,204 sq. ft.1533 Lacey Street, Fairbanks, AK 99701
MLS# 26-2211Listed by: BRASIER REALTY
$409,900Pending3 beds 3 baths2,520 sq. ft.691 Steele Creek Road, Fairbanks, AK 99712
MLS# 26-2052Listed by: WALDEN HOME GROUP
$399,900Pending3 beds 3 baths2,368 sq. ft.695 Whitney Drive, Fairbanks, AK 99712
MLS# 26-1912Listed by: MAJORS REALTY GROUP, LLC
$250,000Pending4 beds 2 baths1,938 sq. ft.1206/1208 Kennicott Avenue, Fairbanks, AK 99701
MLS# 26-1844Listed by: MAJORS REALTY GROUP, LLC
$475,000Active4 beds 3 baths2,086 sq. ft.310 Steelhead Road, Fairbanks, AK 99709
MLS# 26-1851Listed by: WALDEN HOME GROUP
$489,900Active5 beds 3 baths2,268 sq. ft.4416 Stanford Drive, Fairbanks, AK 99709
MLS# 26-1589Listed by: ALASKA LIFE REALTY
$29,900Active15.73 AcresL12 B3 Riverview, Fairbanks, AK 99701
MLS# 26-1345Listed by: WALDEN HOME GROUP