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622 632 11th Avenue
Fairbanks, AK 99701
today
NEW
$5,375,000
Active
63
Beds
48
Baths
26,000
Sqft
0.70
Acres
1977
Yr. Built
MLS# 26-12465
Cumulative Days on Market: 2 · Includes prior listings · Currently listed since 09/27/26 · Data provided by the MLS.

Property Description

Gated community 34plex in downtown Fairbanks, with convenience galore.Apartments stay full, with a cap rate over 8%, upgraded with new roof, updated windows, vehicle plug-ins for every unit, apartments have been upgraded with LVP, new appliances, new outside paint, reinforced decks. Also includes 635 and 639 10th Ave, 4 updated buildings, Family owned and operated, kept in top condition. Great investment!

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Property Highlights

Property Type
Residential Income
Property Sub Type
Multi Family
Bedrooms
63
Total Bathrooms
48
Living Area
26,000 Sqft
Price / Sqft
$207
Acres
0.70
Year Built
1977

Location

Area
3C - Fairbanks North Star Borough
City/Township
Fairbanks
View
City Lights, Mountain(s)
Zoning
GC
Zoning Description
General Commercial

Lake/Waterfront Information

Waterfront Features
No Access, None

Property Details

Price
$5,375,000
Property Type
Residential Income
Property Sub Type
Multi Family

Building

Total Area
26,000

Community

Local Schools

Elementary School
BTV-Undiscl by LL
Middle School
BTV-Undiscl by LL
High School
BTV-Undiscl by LL

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
48
Full Bathrooms
48
Bedrooms
63

Area and Spaces

Living Area
26,000 Sqft
Number of Units
34

Interior Features

Flooring
Carpet, Linoleum, Luxury Vinyl

Heating and Cooling

Heating Features
Baseboard

Building Details

Construction

Year Built
1977
Foundations
Concrete Perimeter

Materials

Construction Materials
Wood Siding, Frame
Roof
Bitumen/Torch Down, Membrane

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.70
Lot Size
30,492
Lot Size Area Sq Ft
30,492
Lot Features
Covenants, City Lot
Topography
Level
Road Surface
Paved
Road Frontage
Dedicated Road

Parking

Parking Features
Paved, No Carport, No Garage
Listed by Living Alaska Style Real Estate
Listing Data last updated 09/27/2026 02:40 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 27-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 2 days (includes prior listings) · Currently listed since September 27, 2026. Data provided by the MLS.

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