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Two-Unit Duplex with Detached Garage
For Sale
$424,900

1406 2ND AVENUE, Fairbanks, AK 99701

RESIDENTIAL, 2 Story, Fairbanks, AK

Property Size2,176 SF
Lot Size0.21 Acres
Price / SF$195.27
Days on Market62

Property Features for 1406 2ND AVENUE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Two-Family Residential Di
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Window features Single Pane Window(s)
Interior features Smoke Detectors, Laminate Flooring
Exterior features RV Parking, Shop/Workshop, Lawn, Garden Area, Internet Available, Telephone Service, Paved Driveway
Appliances Range/Oven, Microwave, Refrigerator, Washer, Dryer, Ceiling Fan
Subdivision Fairbanks Townsite
Elementary school Denali
Middle school Ryan
High school Lathrop
Directions North on Cowles Street to Left on First Avenue to Left on Badger Street to Right on 2nd Avenue. Home is on the Right.
Standard status Active
APN 031101
Size 2,176 SF
Lot size 0.21 Acres

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1974
Floors in Building 2
Building materials 2x6
Roof type Shingle
Architectural style Other
Additional Structures Workshop
Listing Agency: SUMMIT REALTY GROUP
Listed By: Zeb Mabie · License #362
Added: Jul 28 Changed: Sep 20 Last Checked: Sep 27 at 1:06PM
MLS# 160884

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.

Investment Insights

Based on property information with market context.

This two-story duplex contains two residences, each arranged with 2 bedrooms and 1 bathroom. The 2,176-square-foot property was built in 1974 and includes laminate flooring, smoke detectors, range/ovens, refrigerators, microwaves, washers, dryers, and ceiling fans. Hot-water heating and baseboard heat serve the building, while a shingle roof and 2x6 construction are also noted. Each unit has one dedicated space in the detached garage.

The 0.21-acre parcel connects two streets and provides a paved driveway, RV parking, lawn, garden area, and a shop/workshop. The property is located in Fairbanks near the Chena River, shopping, restaurants, parks, schools, and other downtown services. Public water, internet availability, and telephone service are included among the listed property features. Zoning is identified as Two-Family Residential Di.

Key Highlights

  • 2,176‑square‑foot duplex on a 0.21‑acre lot
  • Two units, each with 2 bedrooms and 1 bathroom
  • Detached garage provides one dedicated space for each unit

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
Yes
Paved road access

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
View Realmo Analytics

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-story income property with separate two-bedroom residences, dedicated garage parking, and access to downtown conveniences.
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 on a 0.21‑acre lot; Two units, each with 2 bedrooms and 1 bathroom; Detached garage provides one dedicated space for each unit
More about this property
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