South East Fairbanks Homes under $400,000

South East Fairbanks Homes under $400,000

Welcome to South East Fairbanks, an enchanting corner of Alaska that offers a unique blend of natural beauty, rich history, and a tight-knit community spirit. Nestled near the banks of the Tanana River, this picturesque region is renowned for its stunning landscapes, including vast wilderness areas and the majestic Northern Lights that dance across the Alaskan sky. With a population that cherishes the great outdoors, residents enjoy a plethora of recreational activities, from hiking and fishing in the summer to snowmobiling and ice fishing in the winter.

For those seeking a home in this breathtaking area, South East Fairbanks presents an array of charming properties available for under $400,000. These homes provide an excellent opportunity for first-time buyers, families, or investors looking to embrace the Alaskan lifestyle without breaking the bank. Many properties feature spacious lots, beautiful views, and the potential for customization, allowing you to create your own personal sanctuary amidst the stunning backdrop of Alaska’s wilderness.

The community is known for its friendly atmosphere and offers a variety of amenities, including local shops, schools, and parks, making it an ideal place to raise a family or enjoy a peaceful retirement. With affordable housing options and a wealth of outdoor adventures right at your doorstep, South East Fairbanks is not just a place to live; it’s a place to thrive. Come explore the possibilities and discover why so many are proud to call this remarkable region home!

Newest South East Fairbanks Homes under $400,000

1460 Market Street, Fairbanks
$299,800
3 Beds ⋅ 2 Baths ⋅ 161260 MLS
Conveniently located close to everything Fairbanks has to offer, this updated two-story zero lot line home features 1,268 square feet of comfortable and functional living space. With three bedrooms, a dedicated office, two bathrooms, and a one-car garage, the layout offers flexibility for a variety of needs. The upper level features two bedrooms and a full bathroom, while the lower level offers an additional bedroom, office, and second bathroom—creating great separation of space for guests, a home office, or additional living needs. The open kitchen and dining area provide a welcoming place to gather, while the fireplace adds warmth and character to the home. Recent updates include new flooring, fresh interior paint, new doors, and a renovated kitchen highlighted by a butcher block island offering additional prep and gathering space. With thoughtful updates, a versatile two-level floor plan, and a convenient location near shopping, dining, schools, and everyday amenities, this Fairbanks home is move-in ready and easy to enjoy.

1460 Market Street, Fairbanks
1626 Market Street, Fairbanks
$288,900
3 Beds ⋅ 2 Baths ⋅ 161192 MLS
This beautifully maintained two-story home offers 1,241 sq. ft. of stylish and functional living space. Featuring 3 bedrooms and 2 full bathrooms, the thoughtfully designed layout is perfect for families, guests and an extra room for those needing an office space. Enjoy the fresh look of the new exterior paint, along with sunny afternoons and evening BBQs on the spacious back deck. The attached garage provides added convenience and year-round protection from the elements. Located in a desirable area and move-in ready, this inviting home offers comfort, functionality, and convenience. Don’t miss the opportunity to see it in person—you’ll want to make this one yours!

1626 Market Street, Fairbanks
913 22nd Avenue, Fairbanks
$259,900
3 Beds ⋅ 3 Baths ⋅ 161136 MLS
Freshly updated and move-in ready! This spacious 3-bedroom, 3-bath home offers a flexible floor plan with a second family room that could easily serve as a 4th bedroom, home office, or guest space. A newer boiler adds to the home's recent improvements and provides dependable heating for Interior Alaska winters. What really sets this property apart is the multi-family zoning, offering excellent flexibility and future income potential. Whether you're looking for a comfortable primary residence, room to accommodate a growing household, or a property with long-term investment possibilities, this home offers plenty of options. Enjoy the updates today while taking advantage of the property's potential for tomorrow.

913 22nd Avenue, Fairbanks
1516 Buttercup Street, Fairbanks
$379,900
5 Beds ⋅ 3 Baths ⋅ 161091 MLS
Spacious 5- Bedroom Home in Central Fairbanks! Conveniently located close to FMH, shopping, dining, schools and other everyday amenities, This 5-bedroom, 3-bath home offers plenty of space and flexibility. The seller is offering a $7,000 seller credit with an acceptable offer. The property is currently tenant-occupied, and the condition of the home may be unknown at the time of showing. Buyer and Buyers agent to verify and conduct appropriate due diligence. A great opportunity for those looking for a centrally located home with ample living space and seller incentive. Please allow for 48 hours notice when scheduling showings. HOME TO BE SOLD 'AS- IS'.

1516 Buttercup Street, Fairbanks
2650 19th Avenue, Fairbanks
$395,900
5 Beds ⋅ 3 Baths ⋅ 160978 MLS
This property comes with a unique opportunity to invest in, you could Replat this in to three separate Two-family lots! It is rare to get almost an acre within town. Currently the property is functioning as a duplex with 2 bed up and 3 down. Property is occupied, landlord pays utilities.

2650 19th Avenue, 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
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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