Income-Generating Triplex in North Pole,
298 W 5TH AVENUE, North Pole, AK 99705
Triplex - North Pole, AK
Type:Triplex
Property size:
1,440 SFLot size:
0.32 AcresPrice / SF:
$242/SF- Added:
- Jul 21, 2025
- Days on Market:
- 300
- Last Refresh:
- May 16 at 11:06 am
Property Features for 298 W 5TH AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- Two-family Residential District
- Parking
- 7
- Interior features
- Smoke Detectors
- Exterior features
- Shed
- Appliances
- Cooktop, Dryer, Microwave, Range, Refrigerator
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3591
Building Details
- Year built
- 1957
- Number of units
- 3
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Packing Shed, Shed(s)
Listing agent Nic Williams License #148585 (907) 799-6181
Listing office THE REAL ESTATE COLLECTIVE 713 3rd Ave, Fairbanks, AK (907) 799-6181
Listing date Jul 21, 2025
MLS# 158215
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.
HighLights
- Income‑generating triplex with two of three units currently rented, providing immediate cash flow.
- Ideal location near Fort Wainwright and Eielson Air Force Base, ensuring consistent tenant demand.
- Flexible investment opportunity: suitable for owner occupancy (house hacking) or full leasing for passive income.
- Ample parking available for up to eight vehicles.
- Durable 2x6 construction and metal roof, suggesting low maintenance and long‑term reliability.
- Strong rental income potential: $1600 for the 2‑bed unit and $1400 for the 1‑bed units.
Overview
This income-generating triplex is located at 298 West 5th Avenue in North Pole, Alaska. Situated on 0.30 acres, the building features durable 2x6 construction. The layout includes three side-by-side units. Unit 3 is a two-bedroom, one-bathroom residence, while Units 1 and 2 are one-bedroom, one-bathroom apartments. The property has a total of four bedrooms and three bathrooms. Ample parking is available for up to eight vehicles. The property offers potential for both cash flow and long-term equity. Two of the three units are currently rented. Rents are currently $1600 for the 2 bed unit and $1400 for the 1 bed units. The third unit is available for owner occupancy or immediate leasing. The property is located just minutes from both Fort Wainwright and Eielson Air Force Base, making it an ideal location for attracting military tenants. The property is easy to maintain, cost-effective to operate, and primed for reliable returns. The property is 1440 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Map
- City
- North Pole
- County
- Yukon-Koyukuk
- State
- Alaska
- Longitude
- -147.3570043
- Latitude
- 64.7504543
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FAQs
What type of property is this?
Triplex - North Pole triplex with strong income potential near military bases.
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: Income‑generating triplex with two of three units currently rented, providing immediate cash flow.; Ideal location near Fort Wainwright and Eielson Air Force Base, ensuring consistent tenant demand.; Flexible investment opportunity: suitable for owner occupancy (house hacking) or full leasing for passive income.
