612 COLLEGE ROAD, Fairbanks, AK 99701
Local realty services provided by:CENTURY 21 Gold Rush
612 COLLEGE ROAD,Fairbanks, AK 99701
$330,000
- 3 Beds
- - Baths
- 2,064 sq. ft.
- Multi-family
- Active
Listed by: daniel kiernan
Office: majors realty group, llc.
MLS#:159502
Source:AK_GFBOR
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 the 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 ($1,600 for the one with a garage!), 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 #:159502
- Added:520 day(s) ago
- Updated:March 12, 2026 at 11:47 PM
Rooms and interior
- Bedrooms:3
- Flooring:Laminate Floors
- Kitchen Description:Microwave, Range/Oven, Refrigerator
- Basement Description:Cellar
- Living area:2,064 sq. ft.
Heating and cooling
- Heating:Hot Water Baseboard, Oil
Structure and exterior
- Roof:Flat, Membrane
- Year built:1950
- Building area:2,064 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Concrete
- Exterior Features:Lawn
- Foundation Description:Concrete Block
Schools
- High school:Lathrop
- Middle school:Randy Smith
- Elementary school:Joy
Utilities
- Water:Public
Finances and disclosures
- Price:$330,000
- Price per sq. ft.:$159.88
- Tax amount:$3,421
Features and amenities
- Amenities:Double Pane Windows, Triple Pane Windows
Parking
- Total parking spaces:4
- Parking description:Attached Garage
New listings near 612 COLLEGE ROAD
- New
$55,000Active9.94 AcresNHN Chulitna Drive, Fairbanks, AK 99712
MLS# 159512Listed by: BRASIER REALTY - New
$430,000Active3 beds 2 baths1,616 sq. ft.4359 BISHOP CIRCLE, Fairbanks, AK 99709
MLS# 159508Listed by: POWERED BY LYMBURNER REALTY - New
$490,000Active6 beds 4 baths2,430 sq. ft.799 EIGHTH AVENUE, Fairbanks, AK 99701
MLS# 159501Listed by: MAJORS REALTY GROUP, LLC - New
$625,000Active3 beds 2 baths3,693 sq. ft.1260 HELDIVER STREET, Fairbanks, AK 99709
MLS# 159499Listed by: SOMERS SOTHEBY'S - New
$47,500Active3.83 AcresNHN WHISTLING SWAN, Fairbanks, AK 99712
MLS# 159496Listed by: HEDGECOCK GROUP REAL ESTATE, LLC - New
$499,900Active4 beds 3 baths2,076 sq. ft.462 CARLTON DRIVE, Fairbanks, AK 99701
MLS# 159494Listed by: EMPIRE REALTY, LLC - New
$775,000Active5 beds 4 baths3,372 sq. ft.149 Concord Avenue, Fairbanks, AK 99712
MLS# 26-2242Listed by: WALDEN HOME GROUP - New
$284,000Active2 beds 2 baths1,743 sq. ft.218 ANTOINETTE AVENUE, Fairbanks, AK 99701
MLS# 159485Listed by: THE REAL ESTATE COLLECTIVE - New
$465,000Active3 beds 2 baths2,080 sq. ft.1113 SUNSET DRIVE, Fairbanks, AK 99709
MLS# 159483Listed by: SOMERS SOTHEBY'S - New
$309,900Active3 beds 2 baths1,350 sq. ft.1427 GARAY STREET, Fairbanks, AK 99709
MLS# 159482Listed by: POWERED BY LYMBURNER REALTY