South East Fairbanks Homes under $200,000

South East Fairbanks Homes under $200,000

Welcome to South East Fairbanks, a hidden gem nestled in the heart of Alaska! Known for its breathtaking landscapes and vibrant community spirit, this region offers a unique blend of natural beauty and urban convenience. Fairbanks, often referred to as the "Golden Heart City," is renowned for its stunning views of the Northern Lights, rich cultural heritage, and outdoor recreational opportunities. Whether you’re an adventurer at heart or someone who appreciates the tranquility of nature, South East Fairbanks has something for everyone.

For those looking to invest in their dream home without breaking the bank, you'll be pleased to discover that South East Fairbanks boasts an array of charming homes priced under $200,000. These affordable options make it an ideal area for first-time homebuyers, families, or anyone looking to embrace the Alaskan lifestyle. Imagine cozy evenings in a snug cabin or a quaint bungalow, all while being just a stone's throw away from the majestic wilderness that surrounds you.

In addition to its affordable housing, South East Fairbanks offers a welcoming community atmosphere, with local shops, schools, and parks just minutes away. The region’s friendly residents and strong sense of community make it easy to feel at home. Plus, with easy access to recreational activities like hiking, fishing, and skiing, you'll never run out of adventures to embark on.

Come explore South East Fairbanks—where affordability meets the beauty of Alaska, and your dream home awaits!

Newest South East Fairbanks Homes under $200,000

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
912 23rd Avenue, Fairbanks
$120,000
1 Beds ⋅ 1 Baths ⋅ 160899 MLS
Affordable opportunities like this don’t come around often. Welcome to 912 23rd Avenue, a value-packed property in Southeast Fairbanks offering the convenience of in-town living, a detached outbuilding with rental income, and an attractive price point that’s ready to catch buyers’ attention. This cozy one-bedroom, one-bathroom home is ideal for buyers seeking an affordable place to call home, an investment property, or a low-maintenance lifestyle close to everything Fairbanks has to offer. Inside, you’ll find a comfortable living space that’s easy to maintain while providing all the essentials for everyday living. Outside, the fully fenced yard offers privacy and usable outdoor space for gardening, entertaining, or enjoying Alaska’s summer evenings. The long driveway accommodates four or more vehicles, providing ample off-street parking for residents, guests, recreational equipment, or work vehicles. A durable metal roof adds long-term value and peace of mind, while the property’s central location makes daily life incredibly convenient. Situated in Southeast Fairbanks on the Purple Bus Line, you’ll enjoy quick access to downtown shopping, restaurants, grocery stores, parks, schools, medical facilities, and local entertainment. Fort Wainwright’s front gate is just minutes away, making commuting simple for those working on or near the installation. Whether you’re searching for an affordable primary residence, looking to expand your investment portfolio, or hoping to own a property with supplemental rental income, 912 23rd Avenue offers outstanding value in today’s market. Priced to sell, this is an opportunity you won’t want to miss. Schedule your private showing today and discover everything this versatile Fairbanks property has to offer.

912 23rd Avenue, 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
NHN None Assigned, Fairbanks
$30,000
1 Baths ⋅ 160430 MLS
Brand-new 20' dry cabin — 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 — LVP, carpet, vinyl, or a mix. Customize interior and exterior colors from the full Sherwin-Williams® palette. Dry sink, upper and lower cabinets available as add-ons. 10-year container leak warranty plus 20-year Sherwin-Williams® coating warranty. Free delivery within 30 miles of Fairbanks/North Pole — statewide delivery quotes available. 0% down financing available with approved credit. $30,000. Garza Group Realty — Authorized MTM Alaska Dealer.

NHN None Assigned, Fairbanks
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