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Triplex with Three Side-by-Side Units
For Sale
$349,000

298 W 5TH AVENUE, North Pole, AK 99705

MULTI_FAMILY - North Pole, AK

Property Size1,440 SF
Lot Size0.32 Acres
Price / SF$242.36
Days on Market399

Property Features for 298 W 5TH AVENUE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Two-Family Residential Di
Bedrooms 4
Bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Parking 7
Window features Double Pane Windows
Interior features Laminate Floors, Smoke Detectors
Exterior features Shed
Appliances Range/Oven, Microwave, Refrigerator, Washer, Dryer, Ceiling Fan, Cook Top
Subdivision Davis
Elementary school North Pole
Middle school N. Pole Middle
High school N. Pole High
Directions Steese Hwy to Old Richardson Hwy, right on W. 5th Ave
Standard status Active
APN 0111341
Size 1,440 SF
Lot size 0.32 Acres

Utilities

Water source Public

Building Details

Year built 1957
Number of units 3
Building materials 2x6
Roof type Metal
Listing Agency: THE REAL ESTATE COLLECTIVE
Listed By: Nic Williams · License #148585
Added: Jul 21, 2025 Changed: Aug 5 Last Checked: Aug 23 at 6:06PM
MLS# 158215

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 triplex features three side-by-side units in a durable 2x6 wood construction, built in 1957. The property totals four bedrooms and three bathrooms across the three units, with one two-bedroom, one-bath unit (Unit 3) and two one-bedroom, one-bath units (Units 1 and 2). Interior features include laminate floors and smoke detectors. Exterior amenities include a shed, and the building is served by public water under a metal roof.

The lot size is 0.315 acres, and the property offers ample parking for up to eight vehicles. The address is 298 W 5th Avenue in North Pole, Alaska, with proximity described as minutes to both Fort Wainwright and Eielson Air Force Base.

The unit mix supports flexible use, whether leasing all units or occupying one unit while leasing the others. Appliances included include range/oven, microwave, refrigerator, washer, dryer, ceiling fan, and cook top.

Key Highlights

  • Three side‑by‑side units totaling four bedrooms and three bathrooms
  • Durable 2x6 construction with year built 1957
  • 0.315‑acre lot with parking for up to eight vehicles

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Demographics for 99705, AK

22,040
Population
9,091
Households
2.4
Avg Household Size
33
Median Age
26%
College-Educated
93%
High-School Grad
143.0 sq mi
ZIP Area
154
Density / Sq Mi
$96,966
Median Household Income
$55,041
Median Earnings
$1,496
Median Rent
$290,100
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?
Triplex - Triplex with metal roof, public water, and shed on a 0.315-acre lot, built in 1957.
Where is this triplex located?
The property is located at 298 W 5TH AVENUE North Pole, AK.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Three side‑by‑side units totaling four bedrooms and three bathrooms; Durable 2x6 construction with year built 1957; 0.315‑acre lot with parking for up to eight vehicles
More about this property
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