South East Fairbanks Real Estate

Rare opportunity to own a beautifully renovated property that lives like a spacious single-family home while offering the flexibility and income potential of a duplex. Completely transformed from top to bottom, this extensively renovated 3,148-square-foot property is ideal for owner-occupants, multigenerational living, or investors seeking immediate rental potential. The main living area features 4 bedrooms, 2 full bathrooms, an inviting open-concept living and dining area, a beautifully updated kitchen with stainless steel appliances, luxury vinyl plank flooring, walk-in closets, main-level laundry, and an arctic entry. The fully separate lower-level apartment offers its own private entrance, 2 bedrooms, 1 full bathroom, a spacious living room, full kitchen, and separate living space, making it an excellent option for extended family, guests, or rental income. The property is also being marketed as a duplex, providing outstanding flexibility for homeowners and investors alike. Extensive renovations throughout create the feel of a much newer home while preserving the generous square footage buyers are looking for. Additional features include triple-pane vinyl windows, public water and sewer, hot water baseboard heat, RV parking, abundant storage, and, if confirmed, a newer boiler, providing additional peace of mind. Whether you're looking to live in one unit while renting the other, generate income from both units, provide private living quarters for family members, or simply enjoy over 3,100 square feet of beautifully updated living space, this move-in-ready property offers exceptional versatility that is difficult to find in today's market.

1936 Mary Ann Street, Fairbanks

$480,000

6 Beds ⋅ 3 Baths ⋅ 160886 MLS

Rare opportunity to own a beautifully renovated property that lives like a spacious single-family home while offering the flexibility and income potential of a duplex. Completely transformed from top to bottom, this extensively renovated 3,148-square-foot property is ideal for owner-occupants, multigenerational living, or investors seeking immediate rental potential. The main living area features 4 bedrooms, 2 full bathrooms, an inviting open-concept living and dining area, a beautifully updated kitchen with stainless steel appliances, luxury vinyl plank flooring, walk-in closets, main-level laundry, and an arctic entry. The fully separate lower-level apartment offers its own private entrance, 2 bedrooms, 1 full bathroom, a spacious living room, full kitchen, and separate living space, making it an excellent option for extended family, guests, or rental income. The property is also being marketed as a duplex, providing outstanding flexibility for homeowners and investors alike. Extensive renovations throughout create the feel of a much newer home while preserving the generous square footage buyers are looking for. Additional features include triple-pane vinyl windows, public water and sewer, hot water baseboard heat, RV parking, abundant storage, and, if confirmed, a newer boiler, providing additional peace of mind. Whether you're looking to live in one unit while renting the other, generate income from both units, provide private living quarters for family members, or simply enjoy over 3,100 square feet of beautifully updated living space, this move-in-ready property offers exceptional versatility that is difficult to find in today's market.

1936 Mary Ann Street, Fairbanks

$149,900

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

$70,000

160759 MLS

Two city lots close to downtown, the possibilities are endless! You could build a single family home, multi-family home, or a storefront for your business. There are two structures on the property that need some love or removal, no value given for either.

1524 Stacia Street, Fairbanks

$278,900

3 Beds ⋅ 2 Baths ⋅ 160611 MLS

Welcome home to this move-in ready zero lot line townhome at 1220 27th Avenue! Thoughtfully updated and ready for its next owner, this home features brand-new windows, a new roof, and fresh interior and exterior paint, giving you peace of mind and modern curb appeal from day one. Enjoy the convenience of an attached heated one-car garage, perfect for Alaska winters, along with a low-maintenance lifestyle in a centrally located neighborhood close to shopping, restaurants, schools, parks, and other everyday amenities. Whether youâre a first-time homebuyer, looking to downsize, or searching for an excellent investment property, this well-maintained townhome offers comfort, convenience, and value. Donât miss your opportunity to make this move-in ready home yours!

1220 27th Avenue, Fairbanks

$1,950,000

160579 MLS

PROPOSED 10-UNIT APARTMENT DEVELOPMENT | BUILD-TO-SUIT MULTIFAMILY INVESTMENT OPPORTUNITY. Take advantage of the boroughs 10 year Tax exemption with this build!* Bring your multifamily investment vision to life with this proposed 10-unit apartment development. Positioned on three city lots in central Fairbanks, this proposed apartment complex presents a rare opportunity to develop a modern rental community in one of Fairbanks' strongest multifamily markets. Designed to meet the continued demand for quality housing, this project offers investors the ability to partner with an established Alaska builder to create a long-term income-producing asset. Location matters, and this project delivers. Situated near Fairbanks Memorial Hospital, Fort Wainwright, schools, parks, shopping, and downtown Fairbanks, the property is well-positioned to attract healthcare professionals, military personnel, government employees, and other residents seeking convenient access to work, recreation, and everyday amenities. The combination of nearby employment centers and essential services helps support year-round rental demand and long-term investment potential. The proposed three-story apartment building features ten spacious 1 bedroom, 1 bath units. Planned amenities include modern floor plans, in-unit laundry, dedicated parking, bike storage, and attractive finishes designed to appeal to today's renters while supporting tenant retention and occupancy performance. Unlike a traditional new construction offering, construction has not yet commenced. This creates a unique opportunity for investors and developers to customize the project, modify specifications, and tailor the development to their investment strategy before construction begins. Whether your objective is to expand a multifamily portfolio, complete a 1031 exchange, develop workforce housing, or create a new apartment community in Fairbanks, this project offers a level of flexibility rarely found in today's market. With strong rental demand, a highly desirable central Fairbanks location, and the ability to work directly with an experienced Alaska multifamily builder, this is an exceptional opportunity to take a proven apartment development concept from plan to reality. Annual gross rents are projected at $198k/Year based off local rental data. The 19th Avenue location is being utilized to showcase the development concept and potential. The proposed apartment design may also be adapted to another suitable development site based on a buyer's goals, location preferences, and project requirements. Larger projects are available, inquire for details. See Fairbanks North Star Borough for Tax exemption details.

NHN 19th Avenue, Fairbanks

$2,950,000

160578 MLS

PROPOSED 12-UNIT APARTMENT DEVELOPMENT | BUILD-TO-SUIT MULTIFAMILY INVESTMENT OPPORTUNITY. Take advantage of the boroughs 10 year Tax exemption with this build!* Bring your multifamily investment vision to life with this proposed 12-unit apartment development. Positioned on three city lots in central Fairbanks, this proposed apartment complex presents a rare opportunity to develop a modern rental community in one of Fairbanks' strongest multifamily markets. Designed to meet the continued demand for quality housing, this project offers investors the ability to partner with an established Alaska builder to create a long-term income-producing asset. Location matters, and this project delivers. Situated near Fairbanks Memorial Hospital, Fort Wainwright, schools, parks, shopping, and downtown Fairbanks, the property is well-positioned to attract healthcare professionals, military personnel, government employees, and other residents seeking convenient access to work, recreation, and everyday amenities. The combination of nearby employment centers and essential services helps support year-round rental demand and long-term investment potential. The proposed three-story apartment building features twelve spacious 2-bedroom, 1 & 2 bath units ranging from approximately 712 SF on the first floor to 838 SF on the second and third floors. Planned amenities include modern floor plans, in-unit laundry, dedicated parking, bike storage, and attractive finishes designed to appeal to today's renters while supporting tenant retention and occupancy performance. Unlike a traditional new construction offering, construction has not yet commenced. This creates a unique opportunity for investors and developers to customize the project, modify specifications, and tailor the development to their investment strategy before construction begins. Whether your objective is to expand a multifamily portfolio, complete a 1031 exchange, develop workforce housing, or create a new apartment community in Fairbanks, this project offers a level of flexibility rarely found in today's market. With strong rental demand, a highly desirable central Fairbanks location, and the ability to work directly with an experienced Alaska multifamily builder, this is an exceptional opportunity to take a proven apartment development concept from plan to reality. Annual gross rents are projected at $288k/Year based off local rental data. The 19th Avenue location is being utilized to showcase the development concept and potential. The proposed apartment design may also be adapted to another suitable development site based on a buyer's goals, location preferences, and project requirements. Larger projects are available, inquire for details. See Fairbanks North Star Borough for Tax exemption details.

NHN 19th Avenue, Fairbanks

$30,000

1 Baths ⋅ 160430 MLS

Brand-new 20' dry cabin â high-end, fully furnished, and built for Alaska. No plumbing. Think upscale hunting cabin or off-grid guest suite in a tough, portable package. ~128 SF. Arctic-rated R-32 closed-cell spray foam insulation, smart electric heat, recessed halo LED lighting, tempered glass windows, insulated entry door, 50-amp service. Fully furnished with queen bed and frame, couch, 50" TV, kitchenette with hot plate, microwave, and mini-fridge. Choose your flooring â LVP, carpet, vinyl, or a mix. Customize interior and exterior colors from the full Sherwin-WilliamsÂ® palette. Dry sink, upper and lower cabinets available as add-ons. 10-year container leak warranty plus 20-year Sherwin-WilliamsÂ® coating warranty. Free delivery within 30 miles of Fairbanks/North Pole â statewide delivery quotes available. 0% down financing available with approved credit. $30,000. Garza Group Realty â Authorized MTM Alaska Dealer.

NHN None Assigned, Fairbanks

$285,000

4 Beds ⋅ 2 Baths ⋅ 160096 MLS

This 4 bed, 2 bath home provides the perfect opportunity to move in, make improvements over time and build value in a central location. Enjoy the ease of being on city utilities while being close to everything Fairbanks has to offer. Outside you'll find a huge backyard ready for your summer BBQs, garden, or storing your gear and toys. Inside offers plenty of space, sizable bedrooms and charming details. The window seating in the living room doubles as storage for snow boots and gear and would make the perfect book-nook. And did you see the size of the laundry room? A little dreaming and sweat equity will go a long way.

2218 Turner Street, Fairbanks

$314,900

160092 MLS

Freshly updated lower-level 2-bedroom, 2-bath apartment private washer/dryer conveniently located near schools, Ft. Wainwright, and downtown Fairbanks. This well-maintained duplex features an updated common staircase entry, exterior painting completed recently, radiant floor heat, and some newer vinyl windows for added comfort and efficiency throughout the year. Inside, youâll find a functional upper-level unit 2-bedroom, 1-bath apartment layout with great natural light, in-unit washer and dryer as well, and a spacious kitchen offering ample prep and storage space. Both bedrooms are comfortably sized, and the bathroom features a clean, practical layout with a shower, don't forget the outside deck that is south facing, Additional amenities include off-street parking spaces on a paved driveway and access to a shared fully fenced grassy backyard. Convenient location with quick access to shopping, dining, military bases, and city amenities makes this a great place to call your NextHome!

1042 26th Avenue, Fairbanks

$2,600,000

160080 MLS

Pleased to exclusively offer the opportunity to acquire 1285 Queens Way, delivering a versatile industrial facility with a performing tenant in place and a prime location overlooking the water in the primary industrial hub of Fairbanks. First year Bonus depreciate up to $470k in the first year & $174k tax savings with the Estimated Cost Segregation on file! Delivered with stable in-place income, this is a prime opportunity for investors seeking to enter or expand in Alaskaâs second largest market. Further enhancing this incredible offer, a new owner will enjoy the added opportunity to purchase the existing business. This turnkey operation has a history of success in the location, with plenty of work on the books to hand off to a new owner. The shop is running as an active business - please do not disturb - all tours must be scheduled with the listing broker. Presenting an expertly maintained industrial asset, 1285 Queens Way spans a total of 10,536 square feet that was originally constructed on the 1.51-acre lot in 1985 and fully renovated in 2015. It is equipped with a wealth of desirable features and specs that meet the needs of modern industrial businesses. Robust loading capabilities at the property include four grade-level drive-in doors, including 16- and 18-foot front doors, a 22-foot clear height, as well as a pull through bay. The main workshop features a columnless design for flexible configurations, and operations are supported by three dedicated offices, including an elevated office on a second level overlooking the main workspace, as well as a break room and kitchenette. Other high-quality features that benefit a new owner include oil and air supply lines that run from a central station throughout the property for convenient refueling. There is abundant yard space for vehicle or trailer parking and outdoor storage, and the facility is protected by a newer security system with open-circuit cameras. Sitting within an existing commercial hub, benefits from proximity to large industrial tenants, major highways, and robust logistics infrastructure. The building is surrounded by similar sized facilities for contractors, engineers, auto-related businesses, construction companies, warehouses, and distributors, offering potential for strong synergy and partnership. The site can easily reach both Highways 2 and 3, facilitating the movement of goods across the metro area and the greater region. Longer-distance freight solutions are also available nearby at the Alaska Railroad Fairbanks Depot and the Fairbanks International Airport, both reachable in 10-15 minutes. The exceptional location also enhances appeal for employees and clients with easy access to the cityâs best shopping, dining, and recreation amenities. Just 1 mile away, the Cushman Street commercial corridor offers a vibrant thoroughfare lined with national retailers, boutique shops, and popular local restaurants. With several beautiful nearby public parks, including the Tanana Lakes Recreation Area and Pioneer Park, employees and clients at the property are never far from best-in-class outdoor recreation. Lending support for local businesses, Fairbanks boasts a performing Industrial Market along with a valuable demographic profile within 10 miles. The area brings a population of more than 70,000, a workforce of more than 50,000, and over 5,800 businesses. With over 20% of the local workforce employed in blue-collar industries, there is a strong talent pipeline of motivated and qualified new employees for industrial businesses. This has created a consistent stream of demand for quality space like the subject property, driving vacancies well below the 5- and 10-year average to just 5.1%, while rents have displayed steady annual growth of 4.5% on average during the past five years. This cements 1285 Queens Way as a premier industrial investment, with significant short-term and long-term growth potential.

1285 Queen's Way, Fairbanks

$157,400

160067 MLS

Neighbors property had fuel contaminants that leaked over, report attached in regard to remediation work done. Two one bed houses and a duplex with one bed each side for a total of 4 units. Rents for front house are 1,200, rents on both sides of duplex are 950 and back house rent is 1,400. Owner pays heat and water, tenant pay electric. Old Fairbanks untreated wood crib foundation as reflected in the price. No owner financing.

1536 Stacia Street, Fairbanks

South East Fairbanks Real Estate

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