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    11 Bonnie Ave Fairbanks, AK 99701

    For Sale
    $490,000

    Four Plex - Fairbanks, AK

    Property size:
    2,994 SF
    Lot size:
    0.33 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 11 Bonnie Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multiple-family Residential District
    Parking
    10
    Interior features
    Smoke Detectors
    Exterior features
    Shed
    Appliances
    Cooktop, Dryer, Microwave, Range, Refrigerator
    Size
    2,994 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1957
    Number of units
    4
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

    Summit Realty Group (907) 374-3208 [email protected]

    Listing agent Nic Williams (907) 374-3208 License #148585

    Listing date Jul 28, 2025

    MLS# 158123 Listing URL

    Copyright © 2025 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.

    Overview

    Fairbanks Fourplex Investment Opportunity

    Located in Fairbanks, this fourplex investment property at 11 Bonnie Avenue offers access to lifestyle amenities and commute routes. Situated just off College Road, it connects to the University of Alaska Fairbanks and Fort Wainwright, with Fairbanks’ main shopping district in between. The property is located on 0.33 acres and includes 2,994 square feet. The multi-family zoned property features a concrete block foundation, two-by-six construction, and a pitched roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit, totaling seven bedrooms and four bathrooms across four separate living spaces. Tenants have access to designated parking with up to 10 spots, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear. Additional features include a shared shed, dedicated dumpster space, and overflow parking on the side. Located near trail systems like Cramer's Field and schools in Fairbanks, this property appeals to renters. The property has a gross annual income of $61,800 and a rental history, making it an opportunity for landlords seeking low-vacancy income in a residential setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7322434
    Latitude
    64.8589047

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Fairbanks with strong rental history and convenient location.
    Where is this quadplex located?
    The property is located at 11 Bonnie Ave Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - High Income Potential: Gross annual income of $61,800 with a strong rental history.; - Prime Location: Unbeatable access to the University of Alaska Fairbanks, Fort Wainwright, and Fairbanks' main shopping district.; - Multi-Family Zoned: Fourplex configuration with three 2-bedroom units and one 1-bedroom unit.
    (907) 374-3208
    Request Owner's contact information
    11 Bonnie Ave Fairbanks, AK 99701
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    Fairbanks, AK 99701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Bonnie Ave Fairbanks, AK 99701
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