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Updated Triplex With Heated Garage
For Sale
$515,000

1220 9Th Avenue, Fairbanks, AK 99701

Three-unit property with flexible occupancy, detached garage, and convenient access to central Fairbanks destinations.

Property Size10,190 SF
Price / SF$50.54
Days on Market34

Property Features for 1220 9Th Avenue

General Information

Standard status Active
Size 10,190 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Furnished Yes
Gross Income $67,000

Amenities

heated detached garage

Building Details

Year Built 1952
Tenancy Multi
Listing Agency: Broker Associates Of Fairbanks
Listed By: Gary Gallemore · License #154233
Source: Alaskapropertyadvisors
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 29 at 5:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Broker Associates Of Fairbanks

Investment Insights

Based on property information with market context.

Built in 1952, this triplex has been extensively updated and includes three distinct residences: a 3-bedroom, 2-bath owner’s unit, a 2-bedroom, 1-bath apartment, and a 1-bedroom, 1-bath apartment. Two units are established rentals, while the layout also supports owner occupancy or leasing all three residences. The property features durable 2x6 construction, a heated detached garage, off-street parking, and furniture and furnishings that convey with the sale.

The property occupies an oversized double lot at 1220 9th Avenue in Fairbanks. Downtown Fairbanks, Fort Wainwright, the University of Alaska Fairbanks, restaurants, shopping, and the Chena River are all located just minutes away. Its three-unit configuration provides a range of residential and rental-use options within a centrally located multifamily property.

Key Highlights

  • Three‑unit configuration with 3‑bedroom, 2‑bath, 2‑bedroom, 1‑bath, and 1‑bedroom, 1‑bath residences
  • Extensively updated triplex with durable 2x6 construction
  • Heated detached garage and ample off‑street parking

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Multi-tenant
Tenancy

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

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

What type of property is this?
Triplex - Three-unit property with flexible occupancy, detached garage, and convenient access to central Fairbanks destinations.
Where is this triplex located?
The property is located at 1220 9Th Avenue Fairbanks, AK.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Three‑unit configuration with 3‑bedroom, 2‑bath, 2‑bedroom, 1‑bath, and 1‑bedroom, 1‑bath residences; Extensively updated triplex with durable 2x6 construction; Heated detached garage and ample off‑street parking
More about this property
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