1533 LACEY STREET Fairbanks, AK 99701
MULTI-FAMILY - FAIRBANKS, AK
Property size:
28,204 SFLot size:
0.79 AcresPrice / SF:
$310/SF- Added:
- Jan 20, 2026
- Days on Market:
- 102
- Last Refresh:
- May 2 at 3:06 pm
Property Features for 1533 LACEY STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- General Commercial District
- Parking
- 40
- Exterior features
- Fence, Handicap Access, High Speed Internet
- Fencing
- Fenced
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Range
- Standard status
- Active
- Size
- 28,204 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Annual Amount
- 43219.76
Utilities
- Heating system
- Radiant, Radiant Floor
Building Details
- Year built
- 1974
- Number of units
- 44
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Ray Brasier License #RECA14650 (907) 750-3920
Listing office BRASIER REALTY 105 Adak Street, Fairbanks, AK (907) 750-3920
Listing date Jan 20, 2026
MLS# 159243
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.
Overview
Remodeled Multifamily Building in Fairbanks
This fully remodeled apartment building in Fairbanks was originally constructed as a 60-unit hotel and thoughtfully converted into 44 modern residential units. The building was remote-walled and insulated, adding 9 inches to the exterior, making the walls 15 inches thick. Every unit has been updated to meet contemporary standards, creating an efficient and attractive living environment. The property is ideally located close to downtown, with convenient access to shopping centers, parks, and schools. The property benefits from a prime, centralized setting. The layout and scale provide operational efficiency while maintaining flexibility for future value-add strategies. The property is situated on a 0.79-acre lot and has a building size of 28,204 square feet. The building's efficient design results in approximately $10,000 per year in natural gas usage. With approximately $713,000 in annual income, this property is a solid, income-producing investment. The property is located in the General Commercial District.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lacey Lofts
Apartment Building
Map
- City
- Fairbanks
- County
- Yukon-Koyukuk
- State
- Alaska
- Longitude
- -147.7151247
- Latitude
- 64.8331997
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully remodeled 44-unit apartment building near downtown Fairbanks.
Where is this apartment building located?
The property is located at 1533 LACEY STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Fully remodeled apartment building with 44 modern units, offering a turnkey investment opportunity.; High energy efficiency due to remote‑walled insulation, resulting in approximately $10,000 annual natural gas cost for the entire building.; Prime, centralized location near downtown, shopping, parks, and schools, attracting a wide range of renters.
