622 11TH AVENUE 632 11th Ave, 635 & 639 10th Ave Fairbanks, AK 99701

Multi-Family (2-4 Units) MLS #: 156741 Courtesy Of Walden Home Group

$5,500,000

26,000 sq ft
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Estimated monthly payments: $24,042/mo.* (recalculate)

Property InformationDescription

This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring 34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks thriving rental market.
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Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Dock, Lawn, Patio
  • Appliances: Range, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Concrete
  • Heating System: Baseboard, Hot Water
  • Lot Size: 0.7 Acres
  • Roof Type: Membrane
  • Rooms: Basement

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MAP & DIRECTIONS

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622 11TH AVENUE 632 11th Ave, 635 & 639 10th Ave, Fairbanks, AK 99701
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School Information

622 11TH AVENUE 632 11th Ave, 635 & 639 10th Ave, Fairbanks, AK 99701

Elementary School
Grades KG-6 | Public School
DENALI ELEMENTARY SCHOOL
Fairbanks, AK 99701
1042 Lathrop St
907.­452.2456
Distance: 0.8 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
242
Middle School
Grades 7-8 | Public School
RYAN MIDDLE SCHOOL
Fairbanks, AK 99701
1450 Cowles St
907.­452.4751
Distance: 0.4 mi
School Rating
D-
Student:Teacher Ratio
19:1
Total Students
384
High School
Grades 9-12 | Public School
LATHROP HIGH SCHOOL
Fairbanks, AK 99701
901 Airport Way
907.­456.7794
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
845
Other Nearby Schools Distance Type Grades School Rating
Barnette Magnet School 0.3 mi Public PK-8 C
Alternative Learning Systems 0.3 mi Public PK-12 D+
Fairbanks B.e.s.t. 0.3 mi Public PK-12 C
Hunter Elementary School 0.5 mi Public KG-6 C
Sprucetree Montessori School 0.6 mi Private PK-6
Immaculate Conception School 0.9 mi Private PK-12
Monroe Jr, Sr High Schools Of Fairbanks 0.9 mi Private PK-12
Boreal Sun Charter School 1.0 mi Public KG-8 D+
Nordale Elementary School 1.0 mi Public PK-6
Arctic Light Elementary School 1.2 mi Public KG-6 B-
Golden Heart Academy 1.3 mi Public 5-12 D-
Randy Smith Middle School 1.4 mi Public 7-8 C-
Anne Wien Elementary School 1.5 mi Public KG-6 C+
Chinook Montessori Charter School 1.6 mi Public KG-8 B+
Joy Elementary School 1.6 mi Public PK-8
Fairbanks Montessori Association 1.7 mi Private PK-TKG
Tanana Middle School 1.7 mi Public 7-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fairbanks, AK 99701

Median Age: 37.1
Married: 43%
Number of Households: 7,018
Households with Children: 24%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.