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Modern Three-Unit Triplex
New
For Sale
$464,900

941 Lincolnwood Drive, Fairbanks, AK 99705

Three residential units feature private laundry, vaulted ceilings, and geothermal forced-air heating near Fairbanks and North Pole.

Property Size34,911 SF
Price / SF$13.32
Days on Market5

Property Features for 941 Lincolnwood Drive

General Information

Standard status Active
Size 34,911 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Additional Details

Cap Rate 8.5%

Amenities

washer and dryer

Building Details

Year Built 2019
Listing Agency: Brasier Realty
Listed By: Apex Realty Group
Source: Fbxhomesearch
Added: Sep 6 Changed: Sep 9 Last Checked: Sep 9 at 7:26AM

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 Brasier Realty

Investment Insights

Based on property information with market context.

Built in 2019, this triplex contains three one-bedroom, one-bath residences totaling 2,103 square feet. Each unit offers 680 square feet with an open arrangement connecting the kitchen, dining, and living areas. Vaulted ceilings and abundant natural light add to the interior character, while individual washers and dryers provide in-unit laundry. Geothermal heating with forced air serves the property.

The property is located on Lincolnwood Drive between Fairbanks and North Pole, with access to both communities and a short commute to Fort Wainwright and Eielson. Unit B is leased on a month-to-month basis. The property is reported at an 8.5% cap rate after expenses and may accommodate an owner-occupant arrangement.

Key Highlights

  • Three‑unit triplex built in 2019
  • 2,103 square feet across three units
  • Each residence has 1 bedroom, 1 bath, and 680 square feet

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units

Location Intelligence

Demographics for 99705, AK

22,040
Population
9,091
Households
2.4
Avg Household Size
33
Median Age
26%
College-Educated
93%
High-School Grad
143.0 sq mi
ZIP Area
154
Density / Sq Mi
$96,966
Median Household Income
$55,041
Median Earnings
$1,496
Median Rent
$290,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three residential units feature private laundry, vaulted ceilings, and geothermal forced-air heating near Fairbanks and North Pole.
Where is this triplex located?
The property is located at 941 Lincolnwood Drive Fairbanks, AK.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Three‑unit triplex built in 2019; 2,103 square feet across three units; Each residence has 1 bedroom, 1 bath, and 680 square feet
More about this property
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