Fairbanks AK Multi Family for Sale
$699,000
186 Madcap Lane Fairbanks, AK 99709
- Type:
- Multi-Family
- Sq.Ft.:
- 13,312
- Status:
- NEW LISTING
- Beds:
- 32
- Lot size:
- 0.31 Acres
- Year built:
- 1964
- Baths:
- 16.00
- MLS#:
- 24-15126
View additional info
Courtesy: Alaska Life Realty
907-385-3004
ADDITIONAL INFORMATION
Looking for a High-Income producing property? Then this is it!! You get 2 - 8 Plex's for a total of 16 units. Each unit is 2 bedrooms and 1bathroom and each building is 6656 sq/ft for a total of 13312 sq/ft of living space. Each building has their own coin -op washer/dryer laundry area. there is also a 2-story utility building and an Atco unit that is full of parts, tools, a couple extra ovens that conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Call today for a showing and to request the 2023 Income statements and 2023 rental rates. All units are rented. These generate a high cash flow. Seller will not owner finance
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the owner of this site are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Fairbanks Real Estate
The median home value in Fairbanks, AK is $275,000. This is higher than the county median home value of $271,700. The national median home value is $338,100. The average price of homes sold in Fairbanks, AK is $275,000. Approximately 31.96% of Fairbanks homes are owned, compared to 52.75% rented, while 15.3% are vacant. Fairbanks real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairbanks real estate agent to arrange a tour today!
Fairbanks, Alaska has a population of 33,018. Fairbanks is less family-centric than the surrounding county with 34.3% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Fairbanks, Alaska is $66,572. The median household income for the surrounding county is $78,321 compared to the national median of $69,021. The median age of people living in Fairbanks is 28.2 years.
Fairbanks Weather
The average high temperature in July is 73.3 degrees, with an average low temperature in January of -14.9 degrees. The average rainfall is approximately 11.7 inches per year, with 60.9 inches of snow per year.