Triplex with Geothermal
New
For Sale
$464,900
941 LINCOLNWOOD DRIVE, Fairbanks, AK 99705
MULTI-FAMILY, Fairbanks, AK
Property Size2,103 SF
Lot Size0.80 Acres
Price / SF$221.07
Days on Market4
Property Features for 941 LINCOLNWOOD DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
General Use District - 1
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2
Parking
6
Window features
Triple Pane Windows
Patio and Porch features
Patio
Interior features
Smoke Detectors, Vaulted Ceiling, Luxury Vinyl Planking
Exterior features
Cable TV, Deck/Patio, High Speed Internet, Natural, Telephone Service
Appliances
Range/Oven, Microwave, Smoke Detector, Refrigerator, Washer, Dryer, Ceiling Fan
Subdivision
Lakloey P4
View
Territorial
Elementary school
Ticasuk Brown
Middle school
N. Pole Middle
High school
N. Pole High
Directions
1st Badger Rd exit to Right on Lincolnwood Drive, to the end, continue onto gravel road straight ahead, road turns, triplex on right.
Standard status
Active
APN
703738
Size
2,103 SF
Lot size
0.80 Acres
Utilities
Heating system
Geothermal (Heating), Forced Air, Heat Pump (Heating)
Water source
Well
Amenities
washer and dryer
Building Details
Year built
2019
Building materials
2x8
Roof type
Shingle
Listing Agency:
SUMMIT REALTY GROUP
(907) 374-3208
Listed By:
Zeb Mabie · License #362
(907) 388-6348
Added: Sep 4
Changed: Sep 5
Last Checked: Sep 7 at 11:06PM
MLS# 161235
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.
Built in 2019, this triplex contains three one-bedroom, one-bath units totaling 2,103 square feet. Each residence measures 680 square feet and features an open kitchen, dining, and living arrangement, vaulted ceilings, natural light, and a washer and dryer. Geothermal heating with forced air, heat pump service, luxury vinyl plank flooring, patios, and decks add to the property’s functional design. The property occupies 0.8 acres and is served by a private well.
Located between Fairbanks and North Pole, the property provides access to both communities and a commute to Fort Wainwright and Eielson. It is zoned General Use District - 1. The property is currently producing an 8.5% cap rate after expenses, and the source information identifies it as meeting the 1% rule.
Located between Fairbanks and North Pole, the property provides access to both communities and a commute to Fort Wainwright and Eielson. It is zoned General Use District - 1. The property is currently producing an 8.5% cap rate after expenses, and the source information identifies it as meeting the 1% rule.
Key Highlights
- Three one‑bedroom, one‑bath units totaling 2,103 square feet
- Each unit contains 680 square feet of living space
- 2019 construction on a 0.8‑acre parcel
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom residences offer open layouts, vaulted ceilings, in-unit laundry, and natural light.
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 one‑bedroom, one‑bath units totaling 2,103 square feet; Each unit contains 680 square feet of living space; 2019 construction on a 0.8‑acre parcel
