# 622 11TH AVENUE, Fairbanks, AK 99701

> **TL;DR:** single family, $4,999,999 ($192/sqft), built 1972, 26,000 sqft. Est. $21,667/mo. Listed 55 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,999,999 |
| Price/sqft | $192 |
| Square Feet | 26,000 |
| Year Built | 1972 |
| Lot Size | 30,366 sqft (0.70 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 55 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $21,667 |
| **Total** | **$21,667** |

## Property Highlights

- Built in 1972
- 0.70 acre lot
- 32 parking spaces

## Description

### Agent Description
Investment Opportunity in the Heart of Downtown Fairbanks! Don't miss this rare chance to own a 34-unit complex ideally located in the vibrant core of downtown Fairbanks. This property has been thoughtfully maintained with recent exterior upgrades, including new roofs, fresh paint, updated decks, and improved foundation flashing, ensuring long-term durability and appeal. With a proven track record of strong performance, these units offer high income generation with minimal expenses. Investors will appreciate the impressive cap rate of over 8%, making this an exceptional addition to any portfolio. Whether you're looking to expand your holdings or enter the Fairbanks market with a rock-solid investment , this property checks all the boxes. Bring your investors-opportunities like this don't last long!

## Location

- **Address:** 622 11TH AVENUE, Fairbanks, AK 99701
- **Neighborhood:** Fairbanks Townsite
- **Coordinates:** 64.838475, -147.72059
- **Google Maps:** https://www.google.com/maps?q=64.838475,-147.72059

## Listing Agent

- **Name:** Cullen Wallace
- **Brokerage:** ALASKA PROPERTY ADVISORS
- **Phone:** 2063217510
- **Email:** cullen@akpropertyadvisors.com

## Primary Photo

![622 11TH AVENUE - Primary Photo](http://lh.rdcpix.com/9409ac3c502a8fca6fff79be8f702570l-f3569813772r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/622-11th-avenue-fairbanks-ak-99701-k159942)*

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**MLS#:** 159942 | **Updated:** 2026-06-24
**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/622-11th-avenue-fairbanks-ak-99701-k159942)

---

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