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    12-Cabin Residential Income Property Title is generated by Realmo AI

    1109 MERGANSER STREET, Fairbanks, AK 99709

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    Claim this Listing
    Pending
    $789,900

    MULTI_FAMILY - Fairbanks, AK

    Property size:
    4,600 SF
    Lot size:
    1.84 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    75
    Last Refresh:
    Jun 10 at 8:06 am

    Property Features for 1109 MERGANSER STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    General Use District - 1
    Parking
    12
    Window features
    Vinyl Frames, Wood Frames
    Appliances
    Range/Oven, Refrigerator
    Standard status
    Pending
    APN
    0122602
    Size
    4,600 SF
    Lot size
    1.84 Acres

    Building Details

    Year built
    2000
    Number of units
    12
    Building materials
    Log
    Roof type
    Metal

    We can help!

    Listing Contact
    Kyle Allison

    Listing agent Kyle Allison License #171076,PersonLicenseNumber

    Listing office NEXTHOME ARCTIC SUN 600 THIRD ST SUITE 102, FAIRBANKS, AK

    Listing date Mar 28, 2026

    MLS# 159658 Listing URL

    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.

    HighLights

    • 12 dry cabins, built in 2000, with log construction and metal roofs
    • Each cabin has its own electricity and fuel tanks, plus an outhouse
    • Tenants pay their own utilities; units are fully rented, grossing $8,700/month
    • Reported 10.3% cap rate
    • Flat ground with a maintained road leading to the cabins; location on west side of town near UAF and the boat shop
    • Appliances included: range/oven and refrigerator; sold as‑is

    Overview

    The property is a 12-cabin residential income asset, consisting of dry cabins each with its own electricity and fuel tanks, along with outhouses. The cabins are set up so tenants pay their own utilities. The offering is presented as-is.

    The cabins are located close to the University of Alaska Fairbanks (UAF) and a boat shop, on the west side of town. The site is described as flat ground with a maintained road providing access to the property.

    This configuration can be a practical fit for an owner seeking an operation where utilities are tenant-paid and cabin-by-cabin servicing is built into the individual units. The seller reports all cabins are currently full rented and cites gross monthly income and a cap rate as part of the transaction package. Interested buyers should review the as-is terms and confirm operating details during due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.926598
    Latitude
    64.817708

    FAQs

    What type of property is this?
    Multifamily property - Twelve independently serviced dry cabins with tenant-paid utilities near UAF and a boat shop.
    Where is this multifamily property located?
    The property is located at 1109 MERGANSER STREET Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $789,900.
    What are key features of this property?
    This property features: 12 dry cabins, built in 2000, with log construction and metal roofs; Each cabin has its own electricity and fuel tanks, plus an outhouse; Tenants pay their own utilities; units are fully rented, grossing $8,700/month
    More about this property
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