Duplex with Heated Garage and
For Sale
$299,000
193 MADCAP LANE, Fairbanks, AK 99712
RESIDENTIAL, 2 Story, Fairbanks, AK
Property Size2,000 SF
Lot Size0.21 Acres
Price / SF$149.50
Days on Market53
Property Features for 193 MADCAP LANE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multiple-Family Residenti
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Den, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2
Patio and Porch features
Patio
Interior features
Smoke Detectors, Laminate Flooring, Luxury Vinyl Planking
Exterior features
Deck/Patio, RV Parking, Fence, Shop/Workshop, Lawn, Covered Deck/Patio
Fencing
Fenced
Appliances
Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Subdivision
Ballaine Lake
Elementary school
University Park
Middle school
Tanana
High school
West Valley
Directions
Farmers Loop to Madcap, Duplex on left
Standard status
Active
APN
0251003
Size
2,000 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
7157
Utilities
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Amenities
heated garage/shop
roof top deck
Building Details
Year built
1963
Floors in Building
2
Building materials
2x6
Roof type
Metal
Architectural style
Other
Additional Structures
Workshop
Listing Agency:
ALASKA LIFE REALTY
(907) 385-3004
Listed By:
Rich Harter · License #RECS17863
(907) 322-5888
Added: Jul 2
Changed: Aug 19
Last Checked: Aug 23 at 3:06PM
MLS# 160575
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.
Duplex for sale at 193 Madcap Lane, Fairbanks, AK 99712. The property is partially remodeled, with some finishing touches still needed in the upstairs apartment. The downstairs unit is a three-bedroom, one-and-a-half-bath layout that is currently rented, and the upstairs unit is a one-bedroom, one-bath configuration that is owner occupied and livable while renovations are completed. Both units benefit from interior features including smoke detectors and laminate/luxury vinyl flooring, and the home has a metal roof.
Outside, a heated garage/shop provides a 20' x 40' work space, and the property also includes an oversized rooftop deck for entertaining. Additional exterior amenities include a deck/patio, fence, lawn, covered deck/patio areas, and RV parking. Utilities include public water, and the home is heated with hot water and baseboard systems. The property is being sold strictly AS-IS.
Outside, a heated garage/shop provides a 20' x 40' work space, and the property also includes an oversized rooftop deck for entertaining. Additional exterior amenities include a deck/patio, fence, lawn, covered deck/patio areas, and RV parking. Utilities include public water, and the home is heated with hot water and baseboard systems. The property is being sold strictly AS-IS.
Key Highlights
- Partially remodeled duplex with upstairs unit needing finishing touches while remaining livable
- Downstairs unit: three bedrooms with one‑and‑a‑half bathrooms; currently rented
- Upstairs unit: one bedroom with one bathroom; owner occupied
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Partially remodeled duplex with a heated garage/shop and rooftop deck, offering a downstairs three-bedroom unit and an upstairs one-bedroom unit.
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 $299,000.
What are key features of this property?
This property features: Partially remodeled duplex with upstairs unit needing finishing touches while remaining livable; Downstairs unit: three bedrooms with one‑and‑a‑half bathrooms; currently rented; Upstairs unit: one bedroom with one bathroom; owner occupied
