11-Unit Apartment
New
For Sale
$599,900
612 11TH AVENUE, Fairbanks, AK 99701
MULTI-FAMILY, Fairbanks, AK
Property Size6,874 SF
Lot Size0.20 Acres
Price / SF$87.27
Days on Market3
Property Features for 612 11TH AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multiple-Family Residenti
Bedrooms
7
Bathrooms
11
Rooms
Bathroom 11, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 7, Bedroom 6, Bedroom 1, Bedroom 7, Bathroom 9, Bedroom 3, Bathroom 5, Bathroom 6, Bathroom 10, Bathroom 8, Workshop, Bathroom 1, Bedroom 5
Parking
11
Patio and Porch features
Patio
Exterior features
Cable TV, Deck/Patio, Fixer-Upper, High Speed Internet, Telephone Service
Subdivision
Fairbanks Townsite
View
City
Elementary school
Joy
Middle school
Ryan
High school
Lathrop
Directions
Cushman St, west on 11th. Property is on the right.
Standard status
Active
APN
040959
Size
6,874 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
5452
Utilities
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Year built
1971
Number of units
11
Building materials
2x6
Roof type
Membrane, Flat
Listing Agency:
ALASKA LIFE REALTY
(907) 385-3004
Listed By:
Rich Harter · License #RECS17863
(907) 322-5888
Added: Sep 24
Last Checked: Sep 26 at 9:06AM
MLS# 161396
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 11-unit apartment building in downtown Fairbanks contains 6,874 square feet on a 0.2-acre lot. Built in 1971, it has baseboard and hot-water heating, with district steam heat. Six units are currently rented. Of the four studio units, three have been gutted and the fourth also requires gutting; the one-bedroom unit needs doors, cabinets, and a tub installed. Two basement rooms are separate from the 11-unit count.
Key Highlights
- 11 apartment units, with 6 currently rented
- 6,874 square feet on a 0.2‑acre lot
- Four studio units: three gutted and one needing gutting
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 this downtown Fairbanks property, which includes studio units and a one-bedroom unit requiring work.
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, with 6 currently rented; 6,874 square feet on a 0.2‑acre lot; Four studio units: three gutted and one needing gutting
