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Detached Two-Home Duplex Property
For Sale
$149,900

1171 Grenac Road, Fairbanks, AK 99709

Two independent residences provide privacy, flexible occupancy, and income-producing potential on one Fairbanks parcel.

Property Size1,800 SF
Lot Size0.79 Acres
Price / SF$83.28
Days on Market47

Property Features for 1171 Grenac Road

General Information

Standard status Active
Size 1,800 SF
Lot size 0.79 Acres
Property subtype Multi-Family
Zoning RR

Units

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

Building Details

Year Built 1977
Buildings 2
Listing Agency: Somers Sotheby's
Listed By: Apex Realty Group
Source: Fbxhomesearch
Added: Jul 15 Changed: Aug 28 Last Checked: Aug 29 at 9:08AM

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 Somers Sotheby's

Investment Insights

Based on property information with market context.

This duplex property comprises two detached single-family residences on one parcel, rather than a connected side-by-side or stacked configuration. Each home includes three bedrooms and two bathrooms, creating a combined total of six bedrooms and four bathrooms across the two residential units. Built in 1977 with 2x6 construction, the homes offer separate living areas, kitchens, and bedrooms within a practical residential layout.

The approximately 0.79-acre parcel is located in Fairbanks near Farmers Loop and is zoned Rural Residential (RR). The site is outside a designated flood zone and provides outdoor area associated with the two-home configuration. Shopping, dining, schools, parks, everyday services, Fort Wainwright, the University of Alaska Fairbanks, and Fairbanks International Airport are identified in the surrounding area.

Key Highlights

  • Two detached single‑family residences on one parcel
  • Two residential units, each with 3 bedrooms and 2 bathrooms
  • Approximately 0.79 acres in Fairbanks near Farmers Loop

Property Analytics

Current Use

Alaska's Golden Heart ... Food Processing Plant

Lease Details

2
Residential units

Location Intelligence

Demographics for 99709, AK

28,613
Population
14,227
Households
2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
510.2 sq mi
ZIP Area
56
Density / Sq Mi
$82,991
Median Household Income
$53,171
Median Earnings
$1,288
Median Rent
$296,000
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?
Duplex - Two independent residences provide privacy, flexible occupancy, and income-producing potential on one Fairbanks parcel.
Where is this duplex located?
The property is located at 1171 Grenac Road Fairbanks, AK.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two detached single‑family residences on one parcel; Two residential units, each with 3 bedrooms and 2 bathrooms; Approximately 0.79 acres in Fairbanks near Farmers Loop
More about this property
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