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4751 Old Airport Road, Fairbanks, AK 99709

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For Sale

$410,000

2,576 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $159.16
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Opportunity knocks with this unique and income-generating triplex located at 4751 Old Airport Rd in West Fairbanks. This well-maintained property features three distinct units: a spacious two-bedroom, one-bathroom unit on the main floor and two one-bedroom, one-bathroom units upstairs. Sitting on over half an acre (0.64 acres) in a Light Industrial zoning district, this versatile property is ideal for owner-occupants looking to offset living expenses or investors seeking strong rental income potential. The lower-level unit spans the entire first floor and includes a cozy living room, an open-concept kitchen and dining space, two generously sized bedrooms, and a full bathroom. This unit is currently occupied by a long-term tenant on a month-to-month lease at $1,800/month. Upstairs, each of the one-bedroom units has a private entry into a welcoming living space, corner kitchen, full bathroom, and separate bedroom, all updated with durable laminate flooring. Unit 2 is currently rented at $1,400/month, while Unit 3 is currently rented for $1,600/month. The property also includes a detached three-car garage (no value assigned) and offers approximately 10 off-street parking spots. Built in 1956, the structure blends vintage character with updated finishes in the rental units. Its prime location near Fred Meyer, Raven School, Birch Bowl Company, the local cigar shop, and just 5 minutes from the international airport makes it especially convenient for tenants. Whether you're a first-time investor or a seasoned landlord expanding your portfolio, this triplex delivers flexibility, location, and consistent cash flow. Virtual tour available on Zillow. Full rent roll available upon request. Total rents equal $4800 a month currently!
MLS# 158072

Courtesy Of Summit Realty Group

(907) 374-3208

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Lawn, Patio
  • Appliances
    Cooktop, Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.64 Acres
  • Roof Type
    Membrane

Map and Directions

Directions to 4751 Old Airport Road, Fairbanks, AK 99709

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.