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44-Unit Apartment Building
For Sale
$2,325,000

1901 MARY ANN STREET, Fairbanks, AK 99701

MULTI-FAMILY, Fairbanks, AK

Property Size19,353 SF
Lot Size1.57 Acres
Price / SF$120.14
Days on Market461

Property Features for 1901 MARY ANN STREET

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multiple-Family Residenti
Bedrooms 21
Bathrooms 44
Rooms Bathroom 36, Bedroom 12, Bedroom 15, Bedroom 3, Bathroom 14, Bathroom 9, Bedroom 21, Bathroom 43, Bathroom 23, Bedroom 19, Bedroom 17, Bathroom 5, Bathroom 37, Bathroom 20, Bathroom 38, Bathroom 34, Bathroom 17, Bathroom 1, Bathroom 13, Bathroom 21, Bathroom 19, Bathroom 33, Bedroom 13, Bathroom 18, Bathroom 35, Bathroom 32, Bedroom 16, Bedroom 1, Bedroom 11, Bedroom 14, Bathroom 44, Bedroom 2, Bathroom 7, Bathroom 26, Bedroom 20, Bathroom 31, Bedroom 18, Bathroom 8, Bedroom 6, Bedroom 8, Bathroom 22, Bathroom 41, Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 42, Bathroom 27, Bathroom 39, Bedroom 5, Bathroom 11, Bathroom 16, Bathroom 2, Bedroom 9, Bathroom 10, Bathroom 15, Bathroom 25, Bedroom 10, Bathroom 12, Bathroom 30, Bathroom 28, Bathroom 40, Bathroom 6, Bathroom 29, Bathroom 4, Bathroom 24
Parking 50
Window features Double Pane Windows
Subdivision Bjerremk East
Elementary school Ann Wien
Middle school Tanana
High school Lathrop
Directions South on Cushman, Right on 18th, Left on Mary Ann, Complex is on the left.
Standard status Active
APN 0704697
Size 19,353 SF
Lot size 1.57 Acres

Taxes and HOA fees

Tax Annual Amount 18000

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1965
Number of units 44
Building materials Furred Out
Roof type Membrane, Shingle
Listing Agency: BRASIER REALTY
Listed By: Ray Brasier · License #RECA14650
Added: Jun 24, 2025 Changed: Sep 16 Last Checked: Sep 27 at 7:06PM
MLS# 157959

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 44-unit multifamily property comprises five one-bedroom homes and three apartment buildings containing 18, 7, and 14 units. The property includes 19,353 square feet of listed building area plus 10,500 square feet of heated basement space used for storage, with approximately 30,000 square feet under roof. Construction includes furred-out walls, shingle and membrane roofing, public water, and hot-water and baseboard heating.

The 18-unit and 14-unit buildings received insulation improvements, including R52 walls in the 18-unit building and R48 walls in the 14-unit building. Windows were replaced in both buildings, bathroom fans were added, and the 14-unit building received a pitched roof approximately 8 years ago. All buildings have natural-gas condensing boilers installed within the last 5 years. Built in 1965, the property is zoned Multiple-Family Residenti and sits on 1.57 acres in Fairbanks, Alaska.

Key Highlights

  • 44 units across five one‑bedroom homes and 18‑unit, 7‑unit, and 14‑unit buildings
  • 19,353 square feet of listed building area plus 10,500 square feet of heated basements
  • Approximately 30,000 square feet under roof, including heated storage areas

Property Analytics

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Current Use

Anderson Apartments Apartment Building

Lease Details

44
Residential units

Location Intelligence

Demographics for 99701, AK

18,357
Population
8,757
Households
2.1
Avg Household Size
34
Median Age
25%
College-Educated
93%
High-School Grad
545.2 sq mi
ZIP Area
34
Density / Sq Mi
$73,551
Median Household Income
$41,782
Median Earnings
$1,233
Median Rent
$235,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with multiple buildings, heated storage basements, and recent system and building-envelope improvements.
Where is this apartment building located?
The property is located at 1901 MARY ANN STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: 44 units across five one‑bedroom homes and 18‑unit, 7‑unit, and 14‑unit buildings; 19,353 square feet of listed building area plus 10,500 square feet of heated basements; Approximately 30,000 square feet under roof, including heated storage areas
More about this property
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