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Six-Suite Short-Term Rental Property
For Sale
$680,000

301 ERCEG STREET, Fairbanks, AK 99701

MULTI_FAMILY - Fairbanks, AK

Property Size3,400 SF
Lot Size0.17 Acres
Price / SF$200
Days on Market51

Property Features for 301 ERCEG STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Two-Family Residential Di
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Family Room, Bathroom 5
Parking 8
Window features Vinyl Frames, Triple Pane Windows
Patio and Porch features Patio
Interior features Jetted Tub, Hot Tub, Tile Floor, Smoke Detectors, HRV, Cat 5
Exterior features Fence, Shed, Cable TV, Lawn, Garden Area, Internet Available, Covered Deck/Patio, Telephone Service
Fencing Fenced
Fireplace 1
Appliances Range/Oven, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer, Ceiling Fan, Blinds, Curtain Rods, Drapes, Beverage Refrigerator
Subdivision North Addition
Elementary school Anne Wien
Middle school Tanana
High school Lathrop
Directions Illinois/Old Steese to Minnie Street, turn on to Erceg to 2nd building the left.
Standard status Active
APN 0567132
Size 3,400 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 8106

Utilities

Heating system Radiant Floor, Fireplace(s), Radiant
Water source Public

Amenities

guest sauna program

Building Details

Year built 2006
Floors in Building 2
Number of units 2
Building materials 2x6
Roof type Shingle
Architectural style Other
Listing Agency: NEXTHOME ARCTIC SUN
Listed By: Kirk Maynard · License #RECB16250,PersonLicenseNumber
Added: Jul 6 Changed: Aug 3 Last Checked: Aug 25 at 8:06PM
MLS# 160622

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.

The Adamina is a six-suite short-term rental property located just off the downtown Fairbanks area. Opened on July 4, 2021, the property has historically operated five suites as short-term rentals while the sixth suite has been used as owner housing. A future owner could maintain a similar arrangement, use the sixth suite for cleaner or manager housing, or convert it into an additional revenue-producing rental unit. Renovations and suite refresh projects have been completed on several units, and the property includes a guest sauna program designed as a winter-focused amenity. Interior features include jetted tub and hot tub, tile floors, HRV, Cat 5, and smoke detectors. Heating is radiant floor/radiant, with fireplaces present.

The property sits on a 0.1664-acre lot and includes a covered deck/patio and fenced yard, plus a shed and garden area. Existing reservations are secured into 2027. Water is public and the roof is shingle.

The offering is for an unfurnished sale, with furniture, furnishings, operational equipment, future reservations, and transition assistance potentially available through separate negotiation or inclusion in the purchase if acceptable to buyer, seller, and lender.

Key Highlights

  • Six‑suite short‑term rental property off the downtown Fairbanks area
  • Opened July 4, 2021 with historical five‑suite short‑term rental operation
  • Existing reservations secured into 2027

Property Analytics

Current Use

The Adamina Hotel & Motel

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?
Short term rental property - Six-suite short-term rental property off downtown Fairbanks area with sauna amenity and established operating history.
Where is this short term rental property located?
The property is located at 301 ERCEG STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Six‑suite short‑term rental property off the downtown Fairbanks area; Opened July 4, 2021 with historical five‑suite short‑term rental operation; Existing reservations secured into 2027
More about this property
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