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$324,900
3 Beds ⋅ 1 Baths ⋅ 160882 MLS
Move-in ready with extensive energy-efficiency upgrades, this centrally located Fairbanks home offers comfort, functionality, and value. Situated just off College Road on a spacious 0.34-acre lot, this property provides quick access to the University, shopping, restaurants, schools, and everyday conveniences. Inside, you'll find a functional layout with two bedrooms on the main level, an inviting living area, kitchen and dining space. The finished lower level features a large third bedroom and flexible space ideal for a home office, workout area, hobby room, or additional living area. This home has been thoughtfully improved over the years with a retrofit HRV system, approximately four inches of added exterior foam insulation, additional interior insulation, synthetic stucco siding, double and triple-pane windows, gutters, and radiant floor heat downstairs to keep things comfortable through Interior Alaska winters. Outside, enjoy a fully fenced backyard with room to garden, entertain, or let pets play, plus a storage shed for tools and seasonal equipment. If you've been looking for an affordable home in a prime Fairbanks location with meaningful energy improvements already completed, this one deserves a look. Highlights: 3 bedrooms Large 0.34-acre lot Finished basement with flexible living space Radiant floor heat in lower level HRV ventilation system Added exterior and interior insulation Double and triple-pane windows Fully fenced backyard Convenient College Road location

1804 Caribou Way, Fairbanks
$115,000
4 Beds ⋅ 2 Baths ⋅ 160863 MLS
Four bedroom, 2 bathroom home that has all the potential to be a great single family home or easily split into a duplex. The large fenced in yard is absolutely a feature you do not want to miss out on! This home does not hold water pressure. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on "Start Offer". This property may qualify for Seller Financing (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists.

123 Bonnie Avenue, Fairbanks
$335,000
5 Beds ⋅ 2 Baths ⋅ 160654 MLS
Whether you're looking for a spacious single-family home or an investment opportunity, this charming downtown Fairbanks property offers incredible flexibility. In the past it has been occupied as a single family home with five bedrooms or more recently it was operated as a short term vacation rental with two separate units for rent. With approximately 1,800 square feet of living space, this adorable older home features five bedrooms, two full bathrooms. Functional layout that is easily a duplex or single family home. Located in the heart of downtown Fairbanks, you'll enjoy the convenience of city water and sewer, dining, schools and local amenities. The fenced yard provides a great space for pets, gardening, or entertaining, while the home's classic character offers warmth and charm that newer homes simply can't replicate. Whether you're searching for a place to call home or a property with income-producing potential, this unique opportunity is one you won't want to miss!

1382 Sixth Avenue, Fairbanks
$680,000
6 Beds ⋅ 6 Baths ⋅ 160622 MLS
The Adamina is a six-suite short-term rental property located just off the downtown Fairbanks area. Historically, five suites have operated as short-term rentals while the seller occupied the sixth suite as owner housing. A future owner could continue that arrangement, utilize the sixth suite for cleaner or manager housing, or convert it into an additional revenue-producing rental unit. Since opening on July 4, 2021, The Adamina has generated approximately $631,482 in documented payout revenue in less than five years of operation while maintaining competitive market pricing, strong guest reviews and consistent occupancy. Business Highlights • Six-suite property located just off the downtown Fairbanks area. • More than $631,000 in documented payout revenue generated since opening. • Strong operating history with consistent annual revenue exceeding $110,000 in recent years. • Historical performance achieved while only five of the six suites were utilized as short-term rentals. • Existing reservations secured into 2027. • Renovations and suite refresh projects have been completed on several units in recent years, with additional opportunities for future updates if desired. • Guest sauna program established as a unique winter-focused amenity that helps differentiate the property within the Fairbanks lodging market. • Consistently strong guest reviews across multiple booking platforms. • Competitive pricing relative to comparable accommodations throughout the Fairbanks North Star Borough. Market Position and Future Potential Booking.com market analytics indicate Fairbanks lodging demand increased approximately 13% during the most recent 365-day period compared to the prior year. During late 2025 and early 2026, booking availability settings were inadvertently impacted by channel-management software updates. Once identified and corrected, reservation activity returned rapidly to historical levels. This recovery occurred after several suite refresh projects were completed and the guest sauna program was introduced, suggesting continued strong demand for the property and its amenities. Historical revenue performance was achieved while maintaining competitive rates and without significant rate increases despite rising utility and operating costs throughout the local lodging industry. This has allowed the property to remain highly competitive while preserving flexibility for future ownership. The refreshed suites, established sauna program, strong guest reviews and existing reservation pipeline provide a solid foundation for continued operation as a short-term rental business. Property Offering The property is being offered at $680,000 unfurnished. Furniture, furnishings, operational equipment, future reservations and transition assistance may be availvable through separate negotiation or included in the purchase if acceptable to buyer, seller and lender. Depending on buyer interest, additional assets available for negotiation may include: • Suite furnishings and décor • Linens and guest inventory • Business-owned routers and networking equipment • Exterior security camera system • Sauna amenities currently utilized as part of the property's winter guest experience • Operational equipment and supplies • Existing future reservations secured at the time of sale • Transition assistance for establishing a new short-term rental operation While the business name itself is not included in the transaction, the seller is willing to assist a purchaser with transitioning operations, establishing a new short-term rental brand and maintaining continuity of existing reservations where practical. This is a rare opportunity to acquire an established Fairbanks short-term rental property with documented operating history, future reservations on the books, strong guest reviews and significant upside through expansion of the sixth suite or operational enhancements. 3.25% assumable VA loan. 2025 P&L statement now on file.

301 Erceg Street, Fairbanks
$249,900
2 Beds ⋅ 1 Baths ⋅ 160551 MLS
Starter home alert with an attached, heated garage! This home already has a newer roof, gutters, triple pane vinyl windows, garage door and deck. The deck is quite spacious and extremely well built. The yard has 6 foot fencing with a large swinging gate so you can park RV's, trailers, etc. This home is fully functioning and livable. It has been in the same family for over 45 years and is ready for cosmetic updates, giving a great opportunity for sweat equity without getting into a massive project.

1527 Aurora Drive, Fairbanks
$489,900
3 Beds ⋅ 3 Baths ⋅ 160195 MLS
Welcome to 1615 Kassi Court, a warm and inviting home with plenty of space to spread out, relax, and make your own. Inside, you’ll find a generous amount of livable space with a comfortable layout that works well for both everyday living and hosting family or friends. The kitchen features beautiful solid surface countertops that add both style and practicality to the heart of the home. Outside, The fully covered back patio is designed to help you enjoy Alaska summers in comfort, complete with pull-down blinds for added shade and privacy while still allowing you to enjoy the outdoor atmosphere. With its warm wood finishes and seamless indoor-outdoor feel, this space makes a perfect extension of the home for relaxing or entertaining throughout the season. The paved driveway adds convenience and curb appeal, while the nicely sized garage offers plenty of room for parking, storage, tools, or all the extra gear that comes with Alaska living. Conveniently located near the fairgrounds, Roaming Roots Cellar, and more, this home offers a great balance of peaceful living while still being close to local favorites and community events. Come see everything this property has to offer.

1615 Kassi Court, Fairbanks
$375,000
4 Beds ⋅ 3 Baths ⋅ 159871 MLS
Welcome to 2996 Totem Dr., a spacious and updated duplex in a prime location in Fairbanks, Alaska. This property offers two separate units, providing flexibility for rental income, extended family, or multi-generational living. Conveniently located between the University of Alaska, Fairbanks and Fort Wainwright, this duplex is perfect for students, professionals, or military personnel. The front unit is a generous 3-bedroom, 2-bathroom, two-story home. Upstairs, you’ll find an open-concept kitchen, dining room, and living room, creating a warm and inviting space for entertaining or everyday living. The main level also features a bedroom and a full bathroom. At the end of the kitchen, a staircase leads to the lower level, where you’ll find two additional bedrooms and a second full bathroom, offering privacy and comfort for everyone. The rear unit is a charming 1-bedroom, 1-bathroom apartment with its own open-concept living room and kitchen, perfect for a rental or guest suite. This unit also includes in-unit laundry for added convenience. The duplex has a fenced-in backyard that wraps around to the front, providing outdoor space for both units to enjoy. The property has been updated over the years with modern features, ensuring a comfortable and stylish living environment. With city utilities, residents will have reliable services and low-maintenance living. This duplex is a fantastic investment opportunity or an ideal setup for those looking to live in one unit and rent out the other. Don’t miss your chance to own this well-maintained and versatile property!

2996/2998 Totem Drive, Fairbanks
$69,000
6 Beds ⋅ 2 Baths ⋅ 159849 MLS
This spacious home offers excellent potential to be converted into a duplex or enjoyed as a single-family residence. Conveniently located next to UAF, it presents a strong rental opportunity. The property is being sold as-is and has sustained freeze damage, making it ideal for investors or buyers ready to take on a renovation project. The property is on a shared community sewer system maintained by FNSB. Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment

205 Madcap Lane, Fairbanks
$274,900
3 Beds ⋅ 1 Baths ⋅ 159547 MLS
Downtown charmer! The historic Fairbanks Townsite Subdivision is a hidden gem nestled right in the middle of town and this log home sits on anoversized lot (two lots, actually) which gives space for a detached two car garage, a finished shed and a generous lawn. Three bedrooms and abathroom, kitchen, dining and cozy living room with a beefy woodstove are all on the main level. The basement keeps the boiler, utilities and thelaundry along with storage. There are hookups in one of the bedrooms for the washer and dryer but the current owners preferred them in thebasement. Super easy access to the river, Pioneer Park, the library and downtown shops and restaurants for all of you walkers, runners andbikers out there.

943 Gilmore Street, Fairbanks
$367,500
3 Beds ⋅ 3 Baths ⋅ 159272 MLS
PRICE REDUCTION: SELLER WANTS THIS PROPERTY SOLD. THIS REDUCTION WILL SAVE $200+ ON MONTHLY PAYMENT! “ A Rare Piece of Fairbanks History River Views, Room to Grow & Endless Possibility This quaint, character-filled home is one of those properties you simply don’t find anymore, a true gem tucked into one of Fairbanks’ most desirable neighborhoods, right on the river, on a generous street-to-street lot just over 16,000 square feet. Whether you’re dreaming of a lovingly restored family home, a charming bed & breakfast, or a savvy income-producing duplex, this property has the bones and the soul to make it happen. The Home The 1,100+ sq ft main floor offers warm, livable spaces with real hardwood floors, built-in bookshelves, and a modern wood stove that anchors the spacious living and dining area. The kitchen features a cozy breakfast nook — the kind you want to linger in on a slow morning. A primary bedroom and bath, private office, and an additional guest or studio room round out the main level. Upstairs, a 700+ sq ft level with its own bath and living/studio space functions beautifully as a mother-in-law suite, creative retreat, or private guest quarters. The 900 sq ft basement adds even more flexibility — half bath, laundry area, and a large open room ready to become a game room, additional bedroom, or the anchor of a private studio apartment. A separate exterior entrance and existing kitchen and bath make a basement apartment conversion a genuinely compelling option for rental income or multigenerational living. A large, oversized garage provides abundant covered storage and workspace — a true Alaska necessity. The Property The lot is a standout. Mature privacy hedges, established landscaping, a darling garden house out back, raised garden bed potential, a circular driveway, and a patio bench tucked beside the sunroom — it all adds up to outdoor living that feels intentional and established. And the location? You’ll watch the beloved Golden Days Parade roll right past from the comfort of your own yard. This home needs updating and vision — but the character, the history, the location, and the sheer possibility here are everything. Properties like this don’t come along often. Priced to reflect the opportunity it is.”

1514 Second Avenue, Fairbanks
$490,000
158123 MLS
Welcome to 11 Bonnie Avenue—a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks’ main shopping district right in between. Situated on 0.30 acres and offering a total of 2,994 square feet, this multi-family zoned property features a solid concrete block foundation, two-by-six construction, and a pitched roof added in recent years to replace the original flat roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit—offering a total of seven bedrooms and four bathrooms across four fully separate living spaces. Tenants enjoy designated parking with up to 10 spots available, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear, providing a mix of privacy and convenience. Additional features include a shared shed, dedicated dumpster space for easy trash collection, and overflow parking on the side. Located near trail systems like Cramer's Field and some of the top-rated schools in Fairbanks, this property appeals to renters looking for a neighborhood feel with city convenience. With a gross annual income of $61,800 and a strong rental history, 11 Bonnie Avenue is an excellent opportunity for landlords seeking low-vacancy income in a desirable residential setting. Come take a look at this rare multi-family opportunity in one of Fairbanks’ most sought-after areas.

11 Bonnie Avenue, Fairbanks