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1220 9TH AVENUE, Fairbanks, AK 99701

Fairbanks
Local realty services provided by:CENTURY 21 Gold Rush
1220 9TH AVENUE,Fairbanks, AK 99701
$515,000
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  • 6 Beds
  • - Baths
  • 2,475 sq. ft.
  • Multi-family
  • Pending
Listed by: jerry lymburner
Office: powered by lymburner realty
MLS#:160851
Source:AK_GFBOR

Price summary

  • Price:$515,000
  • Price per sq. ft.:$208.08

About this home

Own one. Rent two. Build wealth from day one. Exceptional investment opportunity in the heart of Fairbanks! This extensively updated triplex features a spacious 3 bed/2 bath owner's residence, a 2 bed/1 bath income-producing unit, and a 1 bed/1 bath income-producing unit—offering the rare combination of immediate cash flow, owner-occupancy flexibility, and future income upside. Whether you're looking to house hack, expand your investment portfolio, or operate a successful short-term rental business, this property delivers. Currently generating approximately $67,000 in annual gross income from only two established rental units, this property allows the next owner to continue operating as-is or unlock even greater earning potential by renting all three units. Situated on a rare oversized double lot, the property features modern updates throughout, durable 2x6 construction, attractive curb appeal, a heated detached garage, ample off-street parking, and flexible living arrangements to...

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Home facts

  • Year built:1952
  • Subdivision & Development:Fairbanks Townsite
  • Listing ID #:160851
  • Added:46 day(s) ago
  • Updated:September 11, 2026 at 07:43 AM

Rooms and interior

  • Bedrooms:6
  • Flooring:Laminate Floors
  • Kitchen Description:Microwave, Range/Oven, Refrigerator
  • Basement Description:Daylight, Finished
  • Living area:2,475 sq. ft.

Heating and cooling

  • Heating:Hot Water Baseboard, Oil

Structure and exterior

  • Roof:Shingle
  • Year built:1952
  • Building area:2,475 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Metal
  • Exterior Features:Deck/Patio, Fence, Garden Area, Lawn
  • Foundation Description:Concrete Block

Schools

  • High school:Lathrop
  • Middle school:Ryan
  • Elementary school:Denali

Utilities

  • Water:Public

Finances and disclosures

  • Price:$515,000
  • Price per sq. ft.:$208.08
  • Tax amount:$4,172

Features and amenities

  • Laundry features:Dryer, Main Level, Washer
  • Amenities:Cable TV, High Speed Internet, Smoke Detectors, Telephone Service, Vinyl Windows

Parking

  • Total parking spaces:6
  • Parking description:Detached Garage, RV Parking
  • Garage spaces:2

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