1221 THIRD AVENUE, Fairbanks, AK 99701

Local realty services provided by:CENTURY 21 Gold Rush
1221 THIRD AVENUE,Fairbanks, AK 99701
$275,000
  • 5 Beds
  • 3 Baths
  • 3,558 sq. ft.
  • Single family
  • Active
Listed by: jerry lymburner
Office: powered by lymburner realty
MLS#:161564
Source:AK_GFBOR

Price summary

  • Price:$275,000
  • Price per sq. ft.:$77.29

About this home

Room to spread out, space to grow, and options for rental income—all near downtown Fairbanks, just off Cushman Street! The main level features four bedrooms, two bathrooms, and an open kitchen, dining, and living area with large windows that welcome natural light. A separate one-bedroom basement apartment includes its own kitchen and bathroom, offering flexibility to live upstairs and rent the apartment, provide separate space for family or guests, or enjoy the entire home. Property was previously used as an assisted living facility. Solar panels help offset electricity costs, and a ADA ramp provides entry access. Additional. features include a generator backup and sprinkler system. Outside, the fenced backyard features a deck, greenhouse, and raised garden beds ready for next summer’s planting. Arctic Engineering (Tim Henry) Engineer report on file with most items complete. A convenient location and versatile layout make this property worth a look!

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Home facts

  • Year built:1978
  • Subdivision & Development:Fairbanks Townsite
  • Listing ID #:161564
  • Added:1 day(s) ago
  • Updated:October 17, 2026 at 05:45 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Laminate Flooring
  • Kitchen Description:Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedroom Description:Master Suite
  • Basement Description:Full Size, Walkout
  • Living area:3,558 sq. ft.

Heating and cooling

  • Heating:Hot Water Baseboard, Oil

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:3,558 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:T1-11
  • Exterior Features:Covered Deck/Patio, Deck/Patio, Fence, Garden Area, Lawn, Natural, Shed, Solar Panel
  • Foundation Description:Poured Concrete
  • Levels:2 Story

Schools

  • High school:Lathrop
  • Middle school:Randy Smith
  • Elementary school:Denali

Utilities

  • Water:Public

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$77.29

Features and amenities

  • Laundry features:Dryer, Main Level, Washer
  • Amenities:Cable TV, Internet Available, Luxury Vinyl Planking, Smoke Detectors, Solid Type Countertop, Telephone Service, Triple Pane Windows, Vinyl Windows

Parking

  • Total parking spaces:2