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Six-Suite Short-Term Rental Property
For Sale
$680,000

301 ERCEG STREET, Fairbanks, AK 99701

RESIDENTIAL, 2 Story, Fairbanks, AK

Property Size3,400 SF
Lot Size0.17 Acres
Price / SF$200
Days on Market67

Property Features for 301 ERCEG STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Two-Family Residential Di
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Family Room, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 1, Bathroom 3, Bathroom 4
Parking 8
Window features Vinyl Frames, Triple Pane Windows
Patio and Porch features Patio
Interior features Jetted Tub, Hot Tub, Tile Floor, Smoke Detectors, HRV, Cat 5
Exterior features Fence, Shed, Cable TV, Lawn, Garden Area, Internet Available, Covered Deck/Patio, Telephone Service
Fencing Fenced
Fireplace 1
Appliances Range/Oven, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer, Ceiling Fan, Blinds, Curtain Rods, Drapes, Beverage Refrigerator
Subdivision North Addition
Elementary school Anne Wien
Middle school Tanana
High school Lathrop
Directions Illinois/Old Steese to Minnie Street, turn on to Erceg to 2nd building the left.
Standard status Active
APN 0567132
Size 3,400 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 8106

Utilities

Heating system Radiant Floor, Radiant, Fireplace(s)
Water source Public

Amenities

guest sauna program

Building Details

Year built 2006
Floors in Building 2
Number of units 2
Building materials 2x6
Roof type Shingle
Architectural style Other
Listing Agency: NEXTHOME ARCTIC SUN
Listed By: Kirk Maynard · License #316
Added: Jul 6 Changed: Sep 5 Last Checked: Sep 10 at 8:06AM
MLS# 160622

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.

The Adamina is a six-suite short-term rental property near downtown Fairbanks. The 3,400-square-foot building was constructed in 2006 on a 0.1664-acre lot and includes radiant-floor heating, fireplace features, a sauna program, covered patio space, fencing, public water, and a shingle roof. Interior amenities include jetted and hot tubs, a washer and dryer, kitchen appliances, tile flooring, and HRV equipment.

Historically, five suites have operated as short-term rentals while the sixth was used as owner housing. That sixth suite has also been identified for potential manager or cleaner housing or expanded rental use. Existing reservations extend into 2027. The property is located at 301 Erceg Street in Fairbanks, Alaska, near the downtown area, and is designated Two-Family Residential Di.

Key Highlights

  • Six‑suite short‑term rental property near downtown Fairbanks
  • 3,400 square feet on 0.1664 acres
  • Five suites historically operated as short‑term rentals; sixth suite used as owner housing

Property Analytics

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Current Use

The Adamina Hotel & Motel

Lease Details

6
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
View Realmo Analytics

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?
Short term rental property - Two-story Fairbanks lodging property with a sauna program, established reservations, and flexible use of the sixth suite.
Where is this short term rental property located?
The property is located at 301 ERCEG STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Six‑suite short‑term rental property near downtown Fairbanks; 3,400 square feet on 0.1664 acres; Five suites historically operated as short‑term rentals; sixth suite used as owner housing
More about this property
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