Multifamily Cabin
For Sale
$789,900
Pending
1109 MERGANSER STREET, Fairbanks, AK 99709
MULTI_FAMILY - Fairbanks, AK
Property Size4,600 SF
Lot Size1.84 Acres
Days on Market132
Property Features for 1109 MERGANSER STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
General Use District - 1
Parking
12
Window features
Vinyl Frames, Wood Frames
Appliances
Range/Oven, Refrigerator
Subdivision
Chena Mar3
Elementary school
University Park
Middle school
Randy Smith
High school
West Valley
Directions
TAKE CHENA PUMP TO RIGHT ON SEA WAY, TURN RIGHT ON CORMORANT, ROAD BENDS AROUND INTO MERGANSER, PROPERTY ON RIGHT
Standard status
Pending
APN
0122602
Size
4,600 SF
Lot size
1.84 Acres
Building Details
Year built
2000
Number of units
12
Building materials
Log
Roof type
Metal
Listing Agency:
NEXTHOME ARCTIC SUN
(907) 456-4653
Listed By:
Kyle Allison · License #171076,PersonLicenseNumber
(907) 388-0000
Added: Mar 28
Changed: Jul 11
Last Checked: Aug 6 at 10:06PM
MLS# 159658
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.
This property offers a multifamily cabin setup with 12 dry cabins. Each cabin has its own electricity, fuel tanks, and outhouses, with tenants paying their own utilities. The cabins are sold as-is.
The site is located close to the UAF and the Boat Shop on the west side of town. The ground is flat and there is a maintained road leading to the property. Zoning is listed as General Use District - 1.
Public remarks state the cabins are fully rented and gross $8,700 per month, with the sellers citing a 10.3% cap rate.
The site is located close to the UAF and the Boat Shop on the west side of town. The ground is flat and there is a maintained road leading to the property. Zoning is listed as General Use District - 1.
Public remarks state the cabins are fully rented and gross $8,700 per month, with the sellers citing a 10.3% cap rate.
Key Highlights
- 12 dry cabins, built in 2000, with log construction and metal roofs
- Each cabin has its own electricity and fuel tanks, plus an outhouse
- Tenants pay their own utilities; units are fully rented, grossing $8,700/month
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Demographics for 99709, AK
28,613
Population
14,227
Households
2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
510.2 sq mi
ZIP Area
56
Density / Sq Mi
$82,991
Median Household Income
$53,171
Median Earnings
$1,288
Median Rent
$296,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve dry cabins with individual electricity and fuel tanks; tenants pay utilities.
Where is this apartment building located?
The property is located at 1109 MERGANSER STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: 12 dry cabins, built in 2000, with log construction and metal roofs; Each cabin has its own electricity and fuel tanks, plus an outhouse; Tenants pay their own utilities; units are fully rented, grossing $8,700/month
