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Two-Unit Duplex with Garages
For Sale
$424,900

1406 2Nd Avenue, Fairbanks, AK 99701

Both residences offer two-bedroom, one-bath layouts with dedicated garage parking.

Property Size2,176 SF
Price / SF$195.27
Days on Market55

Property Features for 1406 2Nd Avenue

General Information

Standard status Active
Size 2,176 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 1

Building Details

Year Built 1974
Buildings 1
Listing Agency: Nexthome Arctic Sun
Listed By: Apex Realty Group
Source: Fbxhomesearch
Added: Jul 30 Changed: Sep 21 Last Checked: Sep 21 at 6:43AM

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 Nexthome Arctic Sun

Investment Insights

Based on property information with market context.

This 2,176-square-foot duplex, built in 1974, contains two separate residences with matching two-bedroom, one-bath configurations. Each unit has a functional layout and access to one dedicated space in the detached garage, providing covered parking for both households.

The property occupies a street-to-street lot in downtown Fairbanks, with access to nearby shopping, restaurants, parks, schools, and the Chena River. Its two-unit arrangement supports separate rental occupancy, with the option to live in one residence while the other produces rental income.

Key Highlights

  • 2,176‑square‑foot duplex built in 1974
  • Two units, each with 2 bedrooms and 1 bathroom
  • Detached garage offers 1 dedicated space per unit

Property Analytics

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Current Use

Duplexes

Lease Details

2
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
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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 - Both residences offer two-bedroom, one-bath layouts with dedicated garage parking.
Where is this duplex located?
The property is located at 1406 2Nd Avenue Fairbanks, AK.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 2,176‑square‑foot duplex built in 1974; Two units, each with 2 bedrooms and 1 bathroom; Detached garage offers 1 dedicated space per unit
More about this property
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