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44-Unit Apartment Building
For Sale
$8,750,000

1533 Lacey St, Fairbanks, AK 99701

Reconstructed multifamily property with elevator service, upgraded building systems, and radiant heat throughout four levels.

Property Size28,204 SF
Price / SF$310.24
Days on Market57

Property Features for 1533 Lacey St

General Information

Standard status Active
Size 28,204 SF
Elevators Yes
Property subtype Multi-Family

Additional Details

Gross Income $713,000
Multifamily Units 44

Building Details

Year Built 1974
Stories 4
Listing Agency: Brasier Realty
Listed By: Ray Brasier · License #RECA14650
Source: Kachemakgrouprealestate
Added: Jul 9 Changed: Aug 29 Last Checked: Sep 1 at 8:36PM

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 Brasier Realty

Investment Insights

Based on property information with market context.

This 28,204-square-foot apartment building at 1533 Lacey St in Fairbanks was originally constructed in 1974 and later rebuilt from the studs. The property now contains 44 units across four levels, with new windows, 9 inches of exterior insulation, high-efficiency boilers, and radiant floor heating. Elevator access serves every floor and supports ADA-compliant access throughout the building.

Key Highlights

  • 44 units across four levels
  • 28,204‑square‑foot apartment building
  • Rebuilt from the studs with new windows and 9 inches of exterior insulation

Property Analytics

Current Use

Lacey Lofts Apartment Building

Lease Details

44
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

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?
Apartment building - Reconstructed multifamily property with elevator service, upgraded building systems, and radiant heat throughout four levels.
Where is this apartment building located?
The property is located at 1533 Lacey St Fairbanks, AK.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: 44 units across four levels; 28,204‑square‑foot apartment building; Rebuilt from the studs with new windows and 9 inches of exterior insulation
More about this property
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