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$760,000
159901 MLS
Rare income-producing opportunity in the heart of North Pole! Five 1-bedroom cabins on 0.73 acres in North Pole with over $87k in annual gross income — this turn-key portfolio is ready for its next owner. First year Bonus depreciation estimate $164k and $60k 1st year tax savings on file. Built in 2019, each unit features luxury vinyl plank flooring, triple pane windows, full kitchen appliance package, in-unit washer/dryer, Toyo/Monitor heater and its own dedicated Conex box for tenant storage. Each unit operates on its own separate electric and fuel — dramatically reducing landlord liability and simplifying management. Ten off-street parking spaces, no CCRs, and easy access to the Richardson Highway, Eielson AFB, and Fort Wainwright. Don't let this one pass you by — five streams of income, zero guesswork.

2377 Edsson Avenue, North Pole

$899,900
159764 MLS
Spacious property offering approximately 6,415 square feet including the basement and featuring 10 bedrooms and 5 bathrooms. The building has a history of thoughtful additions and updates over the years. Originally purchased and remodeled in 2011, improvements included converting the former garage and upstairs area into owner living space along with updates and repairs throughout the property. In 2012, a large bedroom was added on the front corner along the 5th Avenue side next to the living room. A substantial 2013 addition on the 4th Avenue side expanded the building with four bedrooms, two bathrooms, an entry, and laundry area, allowing the property to function as a full assisted living facility, separate storage room, and full length mechanical room. In 2022, the property was remodeled and reconfigured into three short-term rental (STR) units, creating strong income potential and flexible use options. With its generous square footage and adaptable layout, this unique property offers a variety of possibilities for investors or owner-operators.

109 Fifth Avenue, North Pole

$2,950,000
159299 MLS
Prime Investment Opportunity: Three Modern 4-Plex Buildings on One Lot Discover an exceptional real estate investment with these three newly constructed 4-plex buildings, built 2017, 2019 and 2023 situated on a single, well-maintained lot. This turnkey property offers a total of 12 well-appointed, fully occupied units, each featuring 2 bedrooms and 1 bathroom—designed with modern finishes and tenant comfort in mind. Generating an impressive $235,000 in gross annual revenue, this income-producing asset boasts consistent cash flow and 100% occupancy, making it an ideal addition to any investor’s portfolio. The contemporary design, quality construction, and desirable layouts ensure low vacancy rates and strong tenant demand. Each unit is thoughtfully equipped to meet today’s rental market standards, offering spacious living areas and ample natural light. Located in a single, convenient lot, this property simplifies management while maximizing land use efficiency. Perfect for seasoned investors or those looking to enter the multifamily market with a high-performing asset. Don’t miss this rare chance to own a modern, revenue-generating multi-unit property with proven returns—schedule your showing today!

2969 Badger Road, North Pole

$419,000
9 Beds 6 Baths 159247 MLS
Detached Duplex! Incredible investment opportunity with two single family homes for sale on the same 2.02 acre lot with a view! Build equity while living in one home or generate some cash flow with both units. The upper home with a view has over 2800 SqFt of living area with six bedrooms and 3.5 baths. This home could be easily used as a multi-family unit with a few changes. It already has a kitchen in the lower level that could work as its own unit. The lower home closer to the road is over 1400 SqFt with three bedrooms and 1.5 baths. It has Alaska windows and is well insulated. Both homes have modern hot water base board systems. Some radiant heat in the lower level of the upper home. Large deck to see the views to the north. Each home has its own septic system. One shared well. The upper home has a poured concrete foundation while the lower home is a piling foundation. Both homes are clean and well maintained. Easy to view!

1403/1407 Redmond Avenue, North Pole

$349,000
158215 MLS
Attention investors—don’t miss this income-generating triplex at 298 West 5th Avenue in North Pole, Alaska, listed at $349,000. With two of the three units already rented and the third available for owner occupancy or immediate leasing, this property offers strong potential for both cash flow and long-term equity. Situated on 0.30 acres with durable 2x6 construction, the building includes a total of four bedrooms and three bathrooms, with ample parking for up to eight vehicles. The layout consists of three side-by-side units: Unit 3 is a spacious two-bedroom, one-bathroom residence, while Units 1 and 2 are efficient one-bedroom, one-bathroom apartments. Whether you're looking to house hack by living in one unit while the others help pay the mortgage, or fully lease the property for passive income, this triplex provides flexibility and low overhead. Located just minutes from both Fort Wainwright and Eielson Air Force Base, it’s an ideal location for attracting military tenants, and the rental history reflects consistent demand. The property is easy to maintain, cost-effective to operate, and primed for reliable returns. A virtual tour is available in the link—be sure to check it out and see why this North Pole property is a smart addition to any portfolio. rents are currently $1600 for the 2 bed unit and $1400 for the 1 bed units.

298 5th Avenue, North Pole