This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring 34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks’ thriving rental market.
For sale
$5,500,000
622 11th Ave #632-639, Fairbanks, AK 99701
62beds
48baths
26,000sqft
Est.:
Other/See Remarks
Built in 1972
-- sqft lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
Well-maintained buildings
- 114 days
- on Zillow |
- 531 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: January 22, 2025 at 06:55pm
Listed by:
Gary Gallemore 907-371-3070,
WALDEN HOME GROUP,
Cullen Wallace
Source: GFMLS,MLS#: 156741

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 62
- Bathrooms: 48
Heating
- Hot Water
Appliances
- Included: Range/Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: Daylight,Finished,Full
Interior area
- Total structure area: 26,000
- Total interior livable area: 26,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 32
- Parking features: Other
- Has garage: Yes
Features
- Patio & porch: Deck/Patio
- Exterior features: Lawn, Telephone Service
Lot
- Size: 0.7 Acres
Details
- Parcel number: See FNSB
- Zoning: n/a
- Zoning description: General Commercial District
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style
- Property subtype: Other/See Remarks
Materials
- Cedar, Concrete, 2x4
- Foundation: Other
- Roof: Flat,Membrane
Condition
- 20 + yrs.
- New construction: No
- Year built: 1972
Utilities & green energy
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Fairbanks Townsite
HOA
- Has HOA: Yes
- Services included: Heat, Insurance, Maintenance Grounds, Sewer, Snow Removal, Taxes, Trash, Water
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $212/sqft
- Price range: $5.5M - $5.5M
- Date on market: 1/22/2025
- Listing terms: Cash/Refinance
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