Four-Cabin Multifamily
For Sale
$499,000
615 Sheep Creek Road, Fairbanks, AK 99709
Wooded Alaska property with separate rental accommodations, private outdoor areas, and long-term occupants already in place.
Property Size2,256 SF
Price / SF$221.19
Days on Market29
Property Features for 615 Sheep Creek Road
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 2BR, 1 x studio
Multifamily Units
4
Additional Details
Gross Income
$45,600
Utilities to Site
Yes
Building Details
Year Built
2010
Buildings
4
Listing Agency:
POWERED BY LYMBURNER REALTY
Listed By:
Jerry Lymburner · License #672
(907) 347-4433
Source:
Fairbanksalaskahomesearch
Added: Aug 13
Changed: Aug 30
Last Checked: Sep 9 at 5:55AM
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 POWERED BY LYMBURNER REALTY
Investment Insights
Based on property information with market context.
This multifamily property comprises four detached cabin-style residences totaling 2,256 square feet. Three are two-story, two-bedroom cabins with spiral staircases, while the fourth is a studio. Each residence includes an open living area, full kitchen, covered porch, and private yard. The cabins were built in 2010 with 6-inch walls designed for Alaska’s climate. Individual electric meters, 300-gallon fuel tanks, 500-gallon water tanks, and exterior car plugs serve the units.
The property is located at 615 Sheep Creek Road in Fairbanks, approximately three miles from the University of Alaska Fairbanks. Skiing, biking, and running trails are situated 100 feet from the cabins. All-weather access connects the wooded setting with downtown Fairbanks, and long-term tenants are already in place.
The property is located at 615 Sheep Creek Road in Fairbanks, approximately three miles from the University of Alaska Fairbanks. Skiing, biking, and running trails are situated 100 feet from the cabins. All-weather access connects the wooded setting with downtown Fairbanks, and long-term tenants are already in place.
Key Highlights
- Four residences totaling 2,256 SF: three two‑bedroom cabins and one studio
- Approximately 3 miles from the University of Alaska Fairbanks
- Ski, bike, and running trails located 100 feet from the property
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 99709, AK
28,613
Population
14,227
Households
2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
510.2 sq mi
ZIP Area
56
Density / Sq Mi
$82,991
Median Household Income
$53,171
Median Earnings
$1,288
Median Rent
$296,000
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?
Multifamily property - Wooded Alaska property with separate rental accommodations, private outdoor areas, and long-term occupants already in place.
Where is this multifamily property located?
The property is located at 615 Sheep Creek Road Fairbanks, AK.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four residences totaling 2,256 SF: three two‑bedroom cabins and one studio; Approximately 3 miles from the University of Alaska Fairbanks; Ski, bike, and running trails located 100 feet from the property
