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Duplex with Garage and Rooftop Deck
For Sale
$330,000

193 Madcap Lane, Fairbanks, AK 99712

Partially remodeled duplex with a rented lower unit, owner-occupied upper apartment, workshop garage, and rooftop entertaining area.

Property Size2,000 SF
Price / SF$165
Days on Market52

Property Features for 193 Madcap Lane

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Partially remodeled with some finishings still needed

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

garage/shop
roof top deck

Building Details

Year Built 1963
Buildings 1
Listing Agency: Somers Sotheby's
Listed By: Apex Realty Group · License #154233
Source: Fbxhomesearch
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 26 at 12:37PM

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 Somers Sotheby's

Investment Insights

Based on property information with market context.

This 2,000-square-foot duplex, built in 1963, includes two separate apartments with distinct layouts. The lower residence offers 3 bedrooms and 1.5 bathrooms and is currently leased. The upper apartment contains 1 bedroom and 1 bathroom, is occupied by the owner, and remains livable while additional finish work is completed. The property is being offered in its present condition.

A large garage and shop provide substantial enclosed utility space, while the oversized rooftop deck adds an outdoor area for gatherings. Located at 193 Madcap Lane in Fairbanks, Alaska, the property can accommodate an owner-occupant arrangement with an existing rental unit or further completion of the upper apartment.

Key Highlights

  • 2,000‑square‑foot duplex at 193 Madcap Lane, Fairbanks, AK 99712
  • Lower apartment has 3 bedrooms and 1.5 bathrooms and is currently rented
  • Upper unit includes 1 bedroom and 1 bathroom and is owner occupied

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Demographics for 99712, AK

13,309
Population
6,037
Households
2.2
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
3,264.1 sq mi
ZIP Area
4
Density / Sq Mi
$103,494
Median Household Income
$60,387
Median Earnings
$987
Median Rent
$292,800
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?
Duplex - Partially remodeled duplex with a rented lower unit, owner-occupied upper apartment, workshop garage, and rooftop entertaining area.
Where is this duplex located?
The property is located at 193 Madcap Lane Fairbanks, AK.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,000‑square‑foot duplex at 193 Madcap Lane, Fairbanks, AK 99712; Lower apartment has 3 bedrooms and 1.5 bathrooms and is currently rented; Upper unit includes 1 bedroom and 1 bathroom and is owner occupied
More about this property
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