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10-Bedroom Apartment Building
For Sale
$450,000

253 Romans Way, Fairbanks, AK 99701

Multiplex with private residential units and shared community areas in Fairbanks.

Property Size7,000 SF
Price / SF$64.29
Days on Market51

Property Features for 253 Romans Way

General Information

Standard status Active
Size 7,000 SF
Property subtype Residential Income

Building Details

Tenancy Multi
Listing Agency: Next Level Realty, LLC
Listed By: Jennifer Bernard
Source: Exprealty
Added: Jun 22 Changed: Aug 5 Last Checked: Aug 11 at 11:19AM

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 Next Level Realty, LLC

Investment Insights

Based on property information with market context.

This approximately 7,000-square-foot apartment building is configured as a 10-bedroom, 10-bathroom multiplex. The property includes individual residential units along with shared community spaces, creating a layout that supports both private living areas and common-use functions.

The building is located at 253 Romans Way in Fairbanks, Alaska. Its existing configuration is identified as suitable for group home, supportive housing, or specialized residential care use, subject to applicable requirements and approvals.

Key Highlights

  • 10‑bedroom, 10‑bathroom multiplex
  • Approximately 7,000 square feet
  • Private residential units with shared community spaces

Property Analytics

Current Use

No Limits, Inc. Charitable Organization

Lease Details

Multi-tenant
Tenancy

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 - Multiplex with private residential units and shared community areas in Fairbanks.
Where is this apartment building located?
The property is located at 253 Romans Way Fairbanks, AK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10‑bedroom, 10‑bathroom multiplex; Approximately 7,000 square feet; Private residential units with shared community spaces
More about this property
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