44-Unit Apartment
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 Market415
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 7, Bathroom 14, Bathroom 17, Bathroom 11, Bathroom 30, Bathroom 16, Bedroom 5, Bathroom 6, Bedroom 4, Bathroom 37, Bathroom 41, Bedroom 20, Bathroom 27, Bathroom 2, Bathroom 13, Bathroom 10, Bedroom 2, Bathroom 28, Bathroom 40, Bedroom 15, Bathroom 18, Bathroom 5, Bathroom 19, Bathroom 26, Bathroom 44, Bedroom 1, Bedroom 6, Bedroom 16, Bathroom 24, Bathroom 22, Bedroom 19, Bathroom 31, Bathroom 35, Bathroom 33, Bathroom 12, Bathroom 43, Bedroom 13, Bedroom 8, Bathroom 38, Bathroom 3, Bathroom 20, Bathroom 4, Bedroom 17, Bathroom 34, Bathroom 21, Bathroom 9, Bathroom 36, Bathroom 39, Bedroom 9, Bathroom 32, Bathroom 42, Bedroom 11, Bathroom 1, Bedroom 3, Bedroom 12, Bathroom 15, Bedroom 14, Bathroom 25, Bedroom 7, Bathroom 23, Bedroom 10, Bedroom 18, Bathroom 29, Bathroom 8, Bedroom 21
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
Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Year built
1965
Number of units
44
Building materials
Furred Out
Roof type
Shingle, Membrane
Listing Agency:
BRASIER REALTY
(907) 750-3920
Listed By:
Ray Brasier · License #RECA14650
(907) 750-3920
Added: Jun 24, 2025
Changed: Aug 4
Last Checked: Aug 12 at 12:06AM
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 complex consists of five individual 1-bedroom homes, an 18plex, a 7plex, and a 14plex. The 18plex and the 14plex were both remote walled and insulated about 10 years ago, with the 18plex having R52 wall insulation and the 14plex having R48 wall insulation. Windows have been replaced in both complexes, and bathroom fans were added to both the 18plex and 14plex. A new pitched roof was added to the 14plex approximately 8 years ago. All buildings have had new natural gas condensing boilers added within the last 5 years.
Not included in the stated square footage are additional 10,500 SF heated basements that provide great storage areas, bringing the total heated space under roof to 30,000 SF. The property is served by public water, and heating is provided via baseboard and hot water systems.
The combination of multiple unit configurations and recent mechanical and envelope updates supports a multifamily ownership or investment strategy focused on long-term tenant housing.
Not included in the stated square footage are additional 10,500 SF heated basements that provide great storage areas, bringing the total heated space under roof to 30,000 SF. The property is served by public water, and heating is provided via baseboard and hot water systems.
The combination of multiple unit configurations and recent mechanical and envelope updates supports a multifamily ownership or investment strategy focused on long-term tenant housing.
Key Highlights
- 44‑unit complex: five 1‑bedroom homes, plus an 18plex, 7plex, and 14plex
- 18plex remote walled insulation with R52; 14plex remote walled insulation with R48
- Windows replaced and bathroom fans added to both the 18plex and 14plex
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 44-unit multifamily complex with multiple insulated buildings and recent natural gas condensing boilers.
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‑unit complex: five 1‑bedroom homes, plus an 18plex, 7plex, and 14plex; 18plex remote walled insulation with R52; 14plex remote walled insulation with R48; Windows replaced and bathroom fans added to both the 18plex and 14plex
