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Multifamily Apartment Complex with Basements

1901 MARY ANN STREET Fairbanks, AK 99701

1901 MARY ANN STREET, Fairbanks, AK, 99701
$2,325,000
For Sale
Claim this Listing
$2,325,000

MULTI_FAMILY - Fairbanks, AK

Property Size19,353 SF
Lot Size1.57 Acres
Price / SF$120.14
AddedJun 24, 2025
Days on Market388
Last RefreshJul 16 at 5:06 am

Property Features for 1901 MARY ANN STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multiple-Family Residenti
Bedrooms
21
Bathrooms
44
Rooms
Bedroom 2, Bathroom 31, Bedroom 8, Bathroom 21, Bathroom 17, Bathroom 3, Bathroom 19, Bathroom 20, Bedroom 6, Bathroom 5, Bathroom 14, Bathroom 38, Bathroom 23, Bathroom 9, Bathroom 18, Bathroom 12, Bathroom 36, Bedroom 14, Bathroom 34, Bedroom 17, Bedroom 11, Bedroom 12, Bathroom 10, Bathroom 43, Bathroom 6, Bedroom 7, Bedroom 3, Bedroom 20, Bathroom 40, Bedroom 15, Bathroom 11, Bathroom 26, Bathroom 4, Bedroom 9, Bathroom 37, Bathroom 15, Bathroom 29, Bathroom 1, Bathroom 32, Bedroom 4, Bedroom 5, Bathroom 28, Bathroom 44, Bathroom 24, Bedroom 21, Bathroom 27, Bathroom 16, Bathroom 25, Bedroom 13, Bedroom 10, Bathroom 7, Bathroom 8, Bathroom 13, Bathroom 22, Bathroom 2, Bedroom 18, Bathroom 30, Bathroom 33, Bathroom 39, Bathroom 41, Bathroom 35, Bedroom 19, Bedroom 1, Bathroom 42, Bedroom 16
Parking
50
Window features
Double Pane Windows
Standard status
Active
APN
0704697
Size
19,353 SF
Lot size
1.57 Acres

Taxes and HOA fees

Tax Annual Amount
18000

Utilities

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

Building Details

Year built
1965
Number of units
44
Building materials
Furred Out
Roof type
Membrane, Shingle

Listing agent Ray Brasier License #RECA14650

Listing office BRASIER REALTY 105 Adak Street Ste 101, Fairbanks, AK

Listing date Jun 24, 2025

MLS# 157959 Listing URL

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 44-unit multifamily complex is made up of five individual one-bedroom homes plus an 18-plex, 7-plex, and 14-plex. The 18-plex and 14-plex were both remotely walled and insulated about 10 years ago, with R52 wall insulation reported on the 18-plex and R48 reported on the 14-plex. The 14-plex had a new pitched roof added approximately 8 years ago, and windows were replaced with bathroom fans added to both the 18-plex and the 14-plex. All buildings have received new natural gas condensing boilers within the last five years.

The property is located at 1901 Mary Ann Street in Fairbanks, Alaska, and carries multiple-family residential zoning (Multiple-Family Residenti). The listing notes that first showings will include 5 to 6 units to give an overview of the buildings. A minimum of five days’ notice is required for appointments, and the listing agent must accompany showings.

While the provided square footage does not include additional heated basement space, the remarks indicate approximately 10,500 square feet of heated basements and storage areas, bringing total heated space under roof to about 30,000. With the mix of one-bedroom homes and larger multi-unit structures, the property can support a range of tenant profiles and unit configurations within the same operational footprint.

Key Highlights

  • 44‑unit complex: 5 individual 1‑bedroom homes plus an 18plex, 7plex, and 14plex
  • 18plex and 14plex were remotely walled/insulated about 10 years ago (18plex R‑52 walls; 14plex R‑48 walls)
  • 18plex and 14plex have had windows replaced and bathroom fans added

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Anderson Apartments Apartment Building

FAQs

What type of property is this?
Apartment building - A 44-unit Fairbanks complex featuring multiple building types and recently updated heating equipment.
Where is this apartment building located?
The property is located at 1901 MARY ANN STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: 44‑unit complex: 5 individual 1‑bedroom homes plus an 18plex, 7plex, and 14plex; 18plex and 14plex were remotely walled/insulated about 10 years ago (18plex R‑52 walls; 14plex R‑48 walls); 18plex and 14plex have had windows replaced and bathroom fans added
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