Fairbanks Homes with Fixer-Upper Exterior features

Fairbanks Homes with Fixer-Upper Exterior features

Welcome to Fairbanks, Alaska – a city where the spirit of adventure meets the warmth of community. Nestled in the heart of the Last Frontier, Fairbanks is known for its stunning natural beauty, vibrant culture, and a unique blend of outdoor activities. With the majestic Northern Lights illuminating the night sky and the Chena River winding through the city, Fairbanks offers a picturesque backdrop for residents and visitors alike.

For those with a keen eye for potential, Fairbanks presents an exciting opportunity in the realm of real estate. The city is home to an array of charming homes featuring fixer-upper exteriors, perfect for those looking to invest in a property with character and endless possibilities. These homes often boast classic Alaskan architecture, with unique designs that reflect the region’s heritage. With a little creativity and elbow grease, you can transform these properties into your dream home, tailored to your personal style.

Imagine revitalizing a cozy cabin with a stunning view of the surrounding wilderness or restoring a vintage home that echoes Fairbanks' rich history. Whether you’re an experienced renovator or a first-time buyer eager to make your mark, the fixer-upper homes in Fairbanks provide a canvas for your vision.

Living in Fairbanks means embracing a lifestyle filled with outdoor adventures, community events, and a strong sense of belonging. With the potential to create your ideal space, these fixer-uppers are more than just houses; they are the foundation for a life well-lived in one of Alaska's most enchanting cities. Embrace the challenge and discover the beauty of Fairbanks today!

Newest Fairbanks Homes with Fixer-Upper Exterior features

408 Eureka Avenue, Fairbanks
$199,500
1 Beds ⋅ 1 Baths ⋅ 161547 MLS
Opportunity awaits! Whether you’re looking for an investment property, a potential rental, or a place to call your own, this 1-bedroom, 1-bath home offers plenty of possibilities. With 1,087 square feet of living space and a one-car garage, the home sits on a spacious, fully fenced city lot with convenient alley access, making RV parking and storage for all your Alaska toys a breeze. A storage shed and greenhouse add even more versatility to the property. With a little vision and some elbow grease, this home has the potential to really shine! An excellent opportunity for a handy first-time buyer or investor looking to build equity and make the most of a property’s potential. Priced to reflect its current condition, the property is being offered as-is.

408 Eureka Avenue, Fairbanks
1367 Sixth Avenue, Fairbanks
$184,000
1 Beds ⋅ 1 Baths ⋅ 161544 MLS
Cute little downtown home....conveniently located near everything!! Majority of windows have been replaced, home has lots of natural light. Roof appears to be in great condition. Large fenced yard. Shed and greenhouse out back. Bedroom has a room off of it that would make a perfect office, workout room or an additional bedroom... Garage has been converted into a bonus room, great for additional living/ entertaining space. This downtown home has lots of possibilities! -Walking distance to Denali Elementary, The Chena River, bus stops, restaurants and shopping!

1367 Sixth Avenue, Fairbanks
4019 Dunlap Ave, Fairbanks
$175,000
3 Beds ⋅ 2 Baths ⋅ 161424 MLS
Looking for Your Next Winter Project? Here’s an opportunity to bring your vision to life! This fixer-upper is located in a great neighborhood near UAF and offers a solid foundation with plenty of potential. Originally designed as a 4-bedroom home, the layout could easily be converted back to four bedrooms—or keep the open space and create a spacious primary suite. The possibilities are yours to explore! The property sits on a beautiful, private lot of nearly one-third of an acre, right in town and surrounded by mature trees. With a great location, generous lot, and a flexible floor plan, this could be the perfect project to transform into your dream home. This home could be financeable using a variety of rehab loans including VA. Reach out for more options on the great programs available!

4019 Dunlap Ave, Fairbanks
3530 Moonshine Run, Fairbanks
$172,400
2 Beds ⋅ 161413 MLS
Secluded Fairbanks retreat with Ester Dome and Ester Valley views. Well-built and full of potential, this partially finished home offers a rare opportunity to create a custom retreat in a peaceful, secluded setting. Soaring vaulted ceilings and a north-facing view over the Ester Valley provide an exceptional backdrop—especially for enjoying Fairbanks’ spectacular aurora displays. Set on a large parcel with a quiet, private feel, the property includes a grey water system and a solid foundation for someone ready to take the project to the finish line. The remaining work includes exterior siding, interior finishes, and completion of the plumbing system. Bring your vision, finish it your way, and make this unique Fairbanks property your own. Cash purchase or construction/renovation financing required.

3530 Moonshine Run, Fairbanks
612 11th Avenue, Fairbanks
$524,900
161396 MLS
Great investment opportunity on this 11 plex located in downtown Fairbanks, needs some work but a little sweat equity will go a long way with the potential for high yields. Seller just got done installing a brand new $100,000 roof on (9-1-2026), heating upgrades and a fully remodeled unit. Out of the 11 units there are currently only 6 rented that bring in $5325.00 per month. out of the 4 studio units, 3 are already gutted and the 4th needs gutted. the one remaining 1 bedroom is ready to be put back together with doors and cabinets and tub on site. There are also 2 extra rooms in the basement that are not included in the 11 units. Property is heated by District steam Heat for a substantially lower cost than gas or oil. Show your creative side and turn this apartment building into a downtown investment property for the long term. At its current list price that is putting the property at just under $80.00 a sq/ft. What a Deal.

612 11th Avenue, Fairbanks
3153 Francis Street, Fairbanks
$265,000
3 Beds ⋅ 1 Baths ⋅ 161298 MLS
Location, character and opportunity come together at 3153 Francis Street! Conveniently located just minutes from UAF, College Road, shopping, restaurants and other Fairbanks amenities, this 3-bedroom home offers a versatile layout with an additional upstairs bonus room—perfect for a home office, hobby room, guest space or additional living area. The current owners have invested considerable time and money into improving the property, completing numerous updates throughout the home including work to major systems, newer flooring, bedroom windows, water heater, kitchen and bath improvements, interior and exterior paint, and more. After tackling an extensive list of improvements, the sellers are ready to pass the torch to the next owner and have priced the home accordingly. The property is being sold AS-IS; sellers will not make repairs or negotiate repair requests. Outside, you'll find a large deck and seating area, fenced yard, garden space and additional workshop/storage space, giving you plenty of room to enjoy those long Fairbanks summer evenings, tackle projects, garden or simply relax at home. The sellers have also completed a pre-listing engineering inspection, and the report along with repair and improvement documentation is available for buyer review. For additional peace of mind, the home includes a transferable Select Home Warranty with coverage currently in place through December 16, 2027. If you're looking for a Fairbanks home near UAF where much of the heavy lifting has already been done—but there's still room to add your own finishing touches—3153 Francis Street deserves a look. Bring your ideas, see the potential, and make it yours!

3153 Francis Street, Fairbanks
3278 Jefferson Drive, Fairbanks
$275,000
4 Beds ⋅ 4 Baths ⋅ 161110 MLS
Short Sale property (pending short sale approval) All offers will be based on the lender approving the short sale. offers need to be Cash or construction/renovation loans only. Large 4-bedroom home located in Fairbanks on city utilities. Home needs some TLC and updating and is being sold AS-IS at the current price. New system 2000 boiler installed in 2022. If you're looking for in town living with enough bedrooms and bathrooms for a large family, then this is the buy for you. Power is currently shut off.

3278 Jefferson Drive, Fairbanks
1545 Eielson Street, Fairbanks
$154,900
160923 MLS
This is a very good opportunity to get into a 4 plex at a good price! The building needs work but its well kept and it cash flows. The seller will consider owner financing because the zoning is TF. A grandfather letter might be possible from the FNSB.

1545 Eielson Street, Fairbanks
1533 Eielson Street, Fairbanks
$144,900
2 Beds ⋅ 3 Baths ⋅ 160789 MLS
This is a great opportunity for an investor or for someone looking for a starter home to build some sweat equity. The master bedroom could be a master suite with the bathroom finished. There is an unfinished basement that you could make into additional living space. There is also a well manicured yard that is fenced in!

1533 Eielson Street, Fairbanks
5083 Haystack Drive, Fairbanks
$95,000
2 Beds ⋅ 1 Baths ⋅ 160736 MLS
Check out 5083 Haystack — 1.38 acres, 2 living areas and a 900sqft shop, power, heat, water, and septic, all for $90k! ? This is a land-and-bones opportunity 30 minutes north of town up the Steese, sitting just 1 minute off the highway but private enough that you'd never know it. The parcel holds an 820 square foot 1 bed, 1 bath home, a 200 square foot studio cabin with a loft, and a 900 square foot steel frame/sided shop with a loft of its own. Both the house and the cabin have woodstoves. The house and garage each have their own septic system, and everything runs off the same well, which produces great water. The foundation on the house was also redone, check out the photos at the end to see steel pilings / concrete work being done. ? Regarding the condition: the shop is the solid structure here. The house and cabin need significant work, and the property carries a fair amount of accumulated material that a buyer will likely want to clear. Priced accordingly at $90,000, cash only. Zoning is GU-1, which keeps your options open. For the right buyer, this is 1.38 acres with power, water, and septic already in place, a usable shop, and a price that leaves room to build it into whatever you want. Bring your vision, and a truck.

5083 Haystack Drive, Fairbanks
362 Old Chena Hotsprings Road, Fairbanks
$205,900
9 Beds ⋅ 4 Baths ⋅ 160727 MLS
Investment Opportunity on 2 Acres! Don't miss this income-producing property sitting on a 2-acre corner lot! Featuring two homes on one property, this property is perfect for investors, multi-generational living, or owner-occupants looking for rental income. The secondary house is a spacious 1,600+ square foot, 4-bedroom, 2-bath home that is ready for tenants or new owners. The main house is an over 3120sq duplex with 4 bedrooms in one unit and 1 bedroom in the other. Rents are as follows: Unit A: $2,200 Unit B: $1,700 Unit C: $1,800

362 Old Chena Hotsprings Road, Fairbanks
812 5th Avenue, Fairbanks
$115,000
5 Beds ⋅ 2 Baths ⋅ 160580 MLS
Opportunity is knocking in the heart of downtown Fairbanks! This 5-bedroom, 2-bath home offers plenty of space, a flexible layout, and an excellent opportunity for you to build sweat equity. With over 1,200 square feet of living space situated on a unique street-to-street lot stretching from 4th Avenue to 5th Avenue, there's room to bring your vision to life. Several recent improvements have already been completed including a new water service line, a new water meter, and a new Toyo stove, helping lay the groundwork for future updates. The kitchen has been updated with newer appliances, while the spacious primary bedroom features its own private bathroom. The home's layout offers flexibility with additional bedrooms and living space to accommodate a variety of needs. This property offers a chance to build equity in a convenient downtown location. Just minutes from shopping, restaurants, schools, parks, and everything downtown Fairbanks has to offer, this is an opportunity you won't want to miss! Cash/Renovation loan only. Home is occupied. Showings are by appointment only.

812 5th Avenue, Fairbanks
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