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Three-Unit Rental Property
For Sale
$859,900

109 FIFTH AVENUE, North Pole, AK 99705

MULTI-FAMILY, North Pole, AK

Property Size6,415 SF
Lot Size0.41 Acres
Price / SF$134.05
Days on Market168

Property Features for 109 FIFTH AVENUE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning General Commercial Distri
Bedrooms 10
Bathrooms 5
Rooms Bedroom 7, Bedroom 10, Bathroom 3, Bedroom 3, Bathroom 5, Family Room, Bedroom 4, Bedroom 9, Dining Room, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 5, Bedroom 2
Parking 6
Window features Double Pane Windows, Triple Pane Windows, Vinyl Frames, Wood Frames
Patio and Porch features Patio
Interior features Smoke Detectors, Vaulted Ceiling, Walk In Closets
Exterior features Deck/Patio, Garden Area, Handicap Access
Accessibility Accessible Approach with Ramp
Appliances Range/Oven, Microwave, Dishwasher, Refrigerator
Subdivision Davis
Elementary school Midnight Sun
Middle school N. Pole Middle
High school N. Pole High
Directions Richardson Highway to North Pole, to Santa Clause Lane, to Left at 5th Avenue, Home is on the Left.
Standard status Active
APN 0112682
Size 6,415 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 9427

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1952
Number of units 3
Building materials 2x6
Roof type Shingle
Listing Agency: NEXTHOME ARCTIC SUN
Listed By: Melissa Richardson · License #656
Added: Apr 8 Changed: Sep 14 Last Checked: Sep 22 at 9:06AM
MLS# 159764

Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 109 Fifth Avenue in North Pole, this 6,415-square-foot property includes 10 bedrooms, 5 bathrooms, and a layout reconfigured in 2022 for three short-term rental units. The building also includes a basement, dining and family rooms, laundry space, storage, and a full-length mechanical room.

Originally built in 1952, the property has received multiple additions and improvements, including a 2011 remodel, a 2012 bedroom addition, and a 2013 expansion that added four bedrooms, two bathrooms, an entry, and laundry area. Interior features include vaulted ceilings, walk-in closets, and smoke detectors. The property also offers a patio, deck, garden area, accessible ramp approach, public water, baseboard and hot-water heating, and kitchen appliances.

Key Highlights

  • 6,415 square feet with basement included
  • 10 bedrooms and 5 bathrooms
  • Reconfigured in 2022 into three short‑term rental units

Property Analytics

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Current Use

Eagles Wings Assisted ... Nursing Home

Lease Details

3
Residential units

Location Intelligence

Demographics for 99705, AK

22,040
Population
9,091
Households
2.4
Avg Household Size
33
Median Age
26%
College-Educated
93%
High-School Grad
143.0 sq mi
ZIP Area
154
Density / Sq Mi
$96,966
Median Household Income
$55,041
Median Earnings
$1,496
Median Rent
$290,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Remodeled short-term rental property with adaptable residential space in the General Commercial District.
Where is this triplex located?
The property is located at 109 FIFTH AVENUE North Pole, AK.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: 6,415 square feet with basement included; 10 bedrooms and 5 bathrooms; Reconfigured in 2022 into three short‑term rental units
More about this property
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