About This Home

This 4-bedroom, 2-bathroom multi-family at 228 CRAIG AVENUE in Fairbanks, AK is listed for $414,950 ($215 per sqft). Built in 1954, the home offers 1,932 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1954
  • 0.17 acre lot

Property Details

2 full
1954
Listing Description

If you've been searching for a comfortable, updated home with the potential for rental income, this property is perfect for you. Live in either unit while renting out the other unit to offset your mortgage expenses. This beautiful home features 1932 Sq.

Ft. of living space, 4 bedrooms & 2 baths. The upper unit boasts 1,282 sq. ft. with 3 bedrooms & 1 bathroom. The downstairs unit features 650 sq. ft. of living space, 1-bedroom & 1 bathroom with its own private entry. They are separate washer and dryer hookups for each unit.

The upper unit is vacant/move-in ready, that rented for $2050.00 a month plus electricity. The lower unit is month-to month, currently rents for $1000.00 a month plus electricity. Completely remodel in 2025. This updated home offers not only all new plumbing, electrical, natural gas boiler, fixtures, paint, flooring and kitchen cabinetry. There is so much more that you have to see, so don't miss out on this opportunity to snatch up a great investment PROPERTY!

Monthly Cost Estimate

$2,219/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121

Estimates only. Actual payments may vary.

Location

228 CRAIG AVENUE

Fairbanks, AK 99701

Hamilton Acres

Features & Amenities

Interior Features

Smoke DetectorsLuxury Vinyl Planking

Exterior Features

RV ParkingCable TVNaturalInternet AvailableTelephone Service

Property Details

Construction

Furred Out

Heating

Hot Water(Heating)Baseboard

Appliances

Range/OvenDishwasherMicrowaveRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 228 CRAIG AVENUE is listed at $414,950 ($215/sqft). The estimated monthly payment is $2,219 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.17 acre lot. Interior Features: Smoke Detectors, Luxury Vinyl Planking. Exterior Features: RV Parking, Cable TV, Natural.

This property is listed by Toni Brewer.

TB

Toni Brewer

Agent at COLDWELL BANKER - GOLD COUNTRY

Listed by COLDWELL BANKER - GOLD COUNTRY · Broker phone: 9074564653 · View on Broker Site

MLS# 160451· Source: Greater Fairbanks Board-Realtors· 128 days on PropertySimple

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.

228 CRAIG AVENUE, Fairbanks, AK 99701

Open this listing in: