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Fairbanks Multifamily Investment Opportunity

1420 LACEY STREET Fairbanks, AK 99701

1420 LACEY STREET, Fairbanks, AK, 99701
$525,000
Pending
For Sale
$525,000
Pending

MULTI_FAMILY - Fairbanks, AK

Property Size3,808 SF
Lot Size0.16 Acres
Days on Market95

Property Features for 1420 LACEY STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multiple-Family Residenti
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 2
Parking
8
Standard status
Pending
APN
65099
Size
3,808 SF
Lot size
0.16 Acres

Building Details

Year built
1985
Number of units
6
Building materials
2x6
Roof type
Shingle
Listing Agency MAGNETIC NORTH REALTY LLC
600 University Ave #6E, Fairbanks, AK
Listed by Amanda Bent · License #123711
Added: Apr 15 Checked: Jul 18 at 4:06 pm
MLS# 159815 Listing URL

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 multifamily property in Fairbanks, Alaska, features six one-bedroom apartments. The property includes a coin-operated laundry facility, a new water heater, a fenced yard, and individual storage lockers for each unit. The building has been well-maintained. The property is near Ft Wainwright, downtown restaurants, and grocery stores. The lot size is 0.16 acres. The property size is 3808 square feet. The zoning is Multiple-Family Residenti. The property is serviced by public water and sewer utilities. The property is intended for investment and rental portfolio development, with potential for income generation.

Key Highlights

  • 6 one‑bedroom apartments with coin‑op laundry
  • Tenants pay their own electric; building is serviced by public water and sewer
  • Currently grossing $6,250 per month (per public remarks)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Six one-bedroom apartments near Ft Wainwright and downtown.
Where is this apartment building located?
The property is located at 1420 LACEY STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 6 one‑bedroom apartments with coin‑op laundry; Tenants pay their own electric; building is serviced by public water and sewer; Currently grossing $6,250 per month (per public remarks)
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