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    1616 Mary Ann St Fairbanks, AK 99701

    For Sale
    $465,000

    Triplex - Fairbanks, AK

    Type:Triplex
    Property size:
    4,794 SF
    Lot size:
    0.34 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1616 Mary Ann St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    Multiple-family Residential/Professional Office District
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage
    Patio and Porch features
    Patio, Deck
    Exterior features
    Deck/Patio, Fence, Garden Area, Greenhouse, High Speed Internet, Natural, Rv Parking, Shed
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Cooktop, Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    4,794 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1978
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Greenhouse, Packing Shed, Shed(s)

    HEDGECOCK GROUP REAL ESTATE, LLC (907) 378-0293

    Listing agent Joshua Leaders (907) 378-0293 License #172779

    Listing date Aug 29, 2025

    MLS# 158539 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 Triplex Near Hospital

    This triplex presents an investment opportunity in a location near the hospital. The property features two units with 2 bedrooms and 1 bathroom each, and one larger unit with 4 bedrooms and 2 bathrooms. The property has a two-car heated garage. Recent upgrades include a new roof and a high-efficiency Buderus boiler system. The property is situated on a 0.3444-acre lot. The property is zoned as Multiple-family Residential/Professional Office District. The current rental income is approximately $4,400 per month. The property's total size is 4794 square feet. Two units are occupied by long-term tenants, while the third unit is owner-occupied, making it potentially eligible for VA or FHA financing. This triplex is located in Fairbanks, AK.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.720879
    Latitude
    64.8323921

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in prime location, offering steady income.
    Where is this triplex located?
    The property is located at 1616 Mary Ann St Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - Steady Income: Current rental income of approximately $4,400 per month with potential for increased cash flow.; - Prime Location: Close proximity to the hospital.; - Investment Opportunity: Well-maintained triplex with two long-term tenants.
    (907) 378-0293
    Request Owner's contact information
    1616 Mary Ann St 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

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    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
    1616 Mary Ann St Fairbanks, AK 99701
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