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Triplex with Natural Gas Connection
For Sale
$475,000
Pending

1503 21ST AVENUE, Fairbanks, AK 99701

MULTI_FAMILY - Fairbanks, AK

Property Size3,523 SF
Lot Size0.41 Acres
Days on Market52

Property Features for 1503 21ST AVENUE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Multiple-Family Residenti
Bedrooms 4
Bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 3
Parking 8
Window features Vinyl Frames
Interior features Smoke Detectors, Walk In Closets
Exterior features Fence, High Speed Internet, Lawn, Shed, Telephone Service
Fencing Fenced
Appliances Range/Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Subdivision US SURVEY 3148
Elementary school Hunter
Middle school Ryan
High school Lathrop
Directions From Airport way turn south onto Cowles St. Follow it as it turns into Lathrop St. Turn left on 21s Ave. House is on the Right, look for sign.
Standard status Pending
APN 104302
Size 3,523 SF
Lot size 0.41 Acres

Utilities

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

Building Details

Year built 1973
Number of units 3
Building materials 2x6
Roof type Shingle
Listing Agency: EXP REALTY, LLC
Listed By: Blake Schreckhise · License #172792
Added: Jul 3 Changed: Aug 4 Last Checked: Aug 23 at 7:06PM
MLS# 160612

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 triplex in Fairbanks offers three rental units plus practical interior features. Unit A is owner-occupied and includes two bedrooms and one bathroom. Units B and C are on a month-to-month basis and offer two bedrooms and one bathroom (Unit B) and five bedrooms and two bathrooms (Unit C). Interior features include smoke detectors and walk-in closets. The unit mix supports flexible occupancy and layout planning.

The property is connected to natural gas and served by city water and sewer. It was built in 1973 and includes hot water heating with baseboard. Additional features include a fenced exterior, lawn area, shed, and high-speed internet service. The roof is shingle.

Conveniently located near Fairbanks Memorial Hospital, Downtown Fairbanks, and Fort Wainwright, the property provides an appealing base for residents seeking an established, centrally situated home in the Fairbanks area.

Key Highlights

  • Triplex in Fairbanks with three units: Unit A two bed/one bath, Unit B two bed/one bath, Unit C five bed/two bath
  • Units B and C are on a month‑to‑month basis; Unit A is owner‑occupied
  • Connected to natural gas with city water and sewer

Property Analytics

Current Use

Triplexes

Lease Details

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 triplex with public water and sewer, two 2-bedroom units, and one large 5-bedroom unit.
Where is this triplex located?
The property is located at 1503 21ST AVENUE Fairbanks, AK.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Triplex in Fairbanks with three units: Unit A two bed/one bath, Unit B two bed/one bath, Unit C five bed/two bath; Units B and C are on a month‑to‑month basis; Unit A is owner‑occupied; Connected to natural gas with city water and sewer
More about this property
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