# 298 W 5TH AVENUE, North Pole, AK 99705

> **TL;DR:** multi-family, $349,000 ($242/sqft), built 1957, 1,440 sqft. Est. $1,512/mo. Listed 263 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,000 |
| Price/sqft | $242 |
| Square Feet | 1,440 |
| Year Built | 1957 |
| Lot Size | 13,721 sqft (0.31 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | For Sale |
| Days on Market | 263 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,512 |
| **Total** | **$1,512** |

## Nearby Schools

- **Elementary:** North Pole
- **Middle:** N. Pole Middle
- **High:** N. Pole High

## Property Highlights

- Built in 1957
- 0.32 acre lot
- 7 parking spaces

## Description

### Agent Description
Attention investors—don’t miss this income-generating triplex at 298 West 5th Avenue in North Pole, Alaska, listed at $349,000. With two of the three units already rented and the third available for owner occupancy or immediate leasing, this property offers strong potential for both cash flow and long-term equity. Situated on 0.30 acres with durable 2x6 construction, the building includes a total of four bedrooms and three bathrooms, with ample parking for up to eight vehicles. The layout consists of three side-by-side units: Unit 3 is a spacious two-bedroom, one-bathroom residence, while Units 1 and 2 are efficient one-bedroom, one-bathroom apartments. Whether you're looking to house hack by living in one unit while the others help pay the mortgage, or fully lease the property for passive income, this triplex provides flexibility and low overhead. Located just minutes from both Fort Wainwright and Eielson Air Force Base, it’s an ideal location for attracting military tenants, and the rental history reflects consistent demand. The property is easy to maintain, cost-effective to operate, and primed for reliable returns. A virtual tour is available in the link—be sure to check it out and see why this North Pole property is a smart addition to any portfolio. rents are currently $1600 for the 2 bed unit and $1400 for the 1 bed units.

## Location

- **Address:** 298 W 5TH AVENUE, North Pole, AK 99705
- **Neighborhood:** Davis

## Listing Agent

- **Name:** Nic Williams
- **Brokerage:** THE REAL ESTATE COLLECTIVE
- **Phone:** 9077996181
- **Email:** nicwilliams@alaskanrealtors.com

## Primary Photo

![298 W 5TH AVENUE - Primary Photo](http://lh.rdcpix.com/a2e8a364af296d0d69d472627d978dadl-f521479034r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/298-w-5th-avenue-north-pole-ak-99705-k158215)*

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**MLS#:** 158215 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/298-w-5th-avenue-north-pole-ak-99705-k158215)

---

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