Side-by-Side Duplex with
For Sale
$525,000
1508 ALDERWOOD DRIVE, Fairbanks, AK 99709
RESIDENTIAL, Tri-Level, Fairbanks, AK
Property Size2,584 SF
Lot Size2.04 Acres
Price / SF$203.17
Days on Market8
Property Features for 1508 ALDERWOOD DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Rural Estate Districts-2
Bedrooms
4
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 5, Bedroom 2, Bathroom 3, Bedroom 3
Window features
Vinyl Frames, Triple Pane Windows
Patio and Porch features
Patio
Interior features
Smoke Detectors, Luxury Vinyl Planking
Exterior features
Deck/Patio
Appliances
Range/Oven, Dishwasher, Microwave, Refrigerator
Subdivision
Ptarmigan5
Elementary school
Wood River
Middle school
Ryan
High school
West Valley
Directions
Chena Ridge to Birchwood, slight right on Alderwood, third driveway on right
Standard status
Active
APN
0417602
Size
2,584 SF
Lot size
2.04 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
7670
Utilities
Heating system
Radiant Floor, Radiant
Water source
Private
Amenities
rear deck
Building Details
Year built
2013
Building materials
2x6
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
HEDGECOCK GROUP REAL ESTATE, LLC
(907) 378-0293
Listed By:
JT Morgan · License #119727
(907) 987-0604
Added: Oct 27
Changed: Oct 29
Last Checked: Nov 3 at 7:06PM
MLS# 161619
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.
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Investment Insights
Based on property information with market context.
This 2,584-square-foot duplex is configured as two side-by-side, tri-level residences. Each unit includes 2 bedrooms, 2.5 bathrooms, and a one-car garage. One side is scheduled to be vacant at closing; the other is tenant-occupied under a lease that runs through June 2027. Improvements include a rear deck, radiant floor heating, and a private well.
Set among mature trees in the hills above Fairbanks, the property has views of the Alaska Range. The 2.04-acre site is zoned Rural Estate Districts-2.
Set among mature trees in the hills above Fairbanks, the property has views of the Alaska Range. The 2.04-acre site is zoned Rural Estate Districts-2.
Key Highlights
- Two side‑by‑side tri‑level units, each with 2 bedrooms and 2.5 bathrooms
- 2,584 square feet on 2.04 acres
- A one‑car garage serves each unit
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private one-car garage, and the property occupies a 2.04-acre wooded site.
Where is this duplex located?
The property is located at 1508 ALDERWOOD DRIVE Fairbanks, AK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two side‑by‑side tri‑level units, each with 2 bedrooms and 2.5 bathrooms; 2,584 square feet on 2.04 acres; A one‑car garage serves each unit
