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    612 College Rd Fairbanks, AK 99701

    For Sale
    $330,000

    Triplex - FAIRBANKS, AK

    Type:Triplex
    Property size:
    2,064 SF
    Lot size:
    0.20 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 612 College Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    Two-family Residential District
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage
    Exterior features
    Lawn
    Basement Y/N
    1
    Appliances
    Microwave, Range, Refrigerator
    Size
    2,064 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1950
    Building materials
    Concrete
    Roof type
    Flat, Membrane
    Architectural style
    Other

    MAJORS REALTY GROUP, LLC (907) 687-7083

    Listing agent Daniel Kiernan (907) 455-4600 License #189911

    Listing date Oct 13, 2025

    MLS# 158870 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 Investment Opportunity

    This single-story triplex, located on College Road in Fairbanks, Alaska, presents a prime investment opportunity. The property features three 1-bed, 1-bath units, each renting for $1,300 per month. The building has a total area of 2,064 square feet. Each unit includes updated flooring and fixtures, along with newly installed triple-pane, egress windows. Unit 3 also benefits from an attached garage. Boiler heat provides warmth throughout the building. Situated in a central and convenient location on the bus line, tenants have easy access to the university, downtown Fairbanks, and various shopping and dining options. An adjacent 0.2-acre lot is also available, offering the potential for expansion, construction of a second income property, or creation of a passive income storage solution. An inspection report, including recent basement renovation details, is on file.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7218983
    Latitude
    64.8590884

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    FAQs

    What type of property is this?
    Triplex - Triplex with updated units, convenient location, and expansion potential.
    Where is this triplex located?
    The property is located at 612 College Rd Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Triplex generating $1,300/month income per unit.; - Prime location on bus line, near university, downtown, shopping, and dining.; - Additional 4,200 sq ft lot available for expansion or additional income property.
    (907) 455-4600
    Request Owner's contact information
    612 College Rd 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    612 College Rd Fairbanks, AK 99701
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