11-Unit Apartment
New
For Sale
$599,900
612 11Th Avenue, Fairbanks, AK 99701
District steam heat serves the property, which also has heating upgrades and one fully remodeled apartment.
Property Size8,784 SF
Price / SF$68.29
Days on Market2
Property Features for 612 11Th Avenue
General Information
Standard status
Active
Size
8,784 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
3 are already gutted and the 4th needs gutted
Additional Details
Multifamily Units
11
Building Details
Year Built
1971
Listing Agency:
Key Point Realty, LLC
Listed By:
Gary Gallemore
(907) 371-3070
Source:
Alaskapropertyadvisors
Added: Sep 26
Last Checked: Sep 26 at 6:00AM
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 Key Point Realty, LLC
Investment Insights
Based on property information with market context.
This 6,874-square-foot apartment building in downtown Fairbanks was built in 1971 and contains 11 units. Six are currently rented. The property has District steam heat, heating upgrades, and one fully remodeled apartment. A new roof was installed on 9-1-2026.
Among the four studio units, three have been gutted and the fourth still needs work. The remaining one-bedroom unit needs doors, cabinets, and a tub; those items are on site. Two additional basement rooms are not included in the 11-unit count.
Among the four studio units, three have been gutted and the fourth still needs work. The remaining one-bedroom unit needs doors, cabinets, and a tub; those items are on site. Two additional basement rooms are not included in the 11-unit count.
Key Highlights
- 11 apartment units across 6,874 square feet
- Six of the 11 units are currently rented
- New roof installed on 9‑1‑2026
Property Analytics
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Current Use
Lease Details
11
Residential units
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - District steam heat serves the property, which also has heating upgrades and one fully remodeled apartment.
Where is this apartment building located?
The property is located at 612 11Th Avenue Fairbanks, AK.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 11 apartment units across 6,874 square feet; Six of the 11 units are currently rented; New roof installed on 9‑1‑2026
