Investment Opportunity – 5 Studio Dry Cabins Near UAF, Just minutes from the University of Alaska Fairbanks, this property features five studio dry cabins, each currently renting for $650 per month. With steady rental income and low operating costs, this is an excellent investment property, The cabins are easy to maintain, making them a reliable long-term addition to any portfolio, The location offers strong rental demand thanks to proximity to UAF, local amenities, and quick access to Fairbanks, Don’t miss this chance to own a property that combines consistent cash flow, simple management and don't forget your NextHome!
Sold
Price Unknown
1788 Army Rd, Fairbanks, AK 99709
5beds
0baths
720sqft
Multi Family
Built in 2011
-- sqft lot
$-- Zestimate®
$--/sqft
$1,356 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,356/mo
Zestimate® history
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Studio dry cabins
Zillow last checked:
Listing updated:
Listed by:
Kyle Allison 907-388-0000,
NEXTHOME ARCTIC SUN,
Melissa Richardson
Bought with:
Zeb Mabie
Source: GFMLS,MLS#: 158668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage
Lot
- Size: 0.34 Acres
Details
- Parcel number: 0245283
- Zoning: UNK
- Zoning description: Multiple-Family Residential District
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: Other
Condition
- 11-15 yrs.
- New construction: No
- Year built: 2011
Community & HOA
Community
- Subdivision: Reed Acres
Location
- Region: Fairbanks
Financial & listing details
- Tax assessed value: $61,673
- Annual tax amount: $1,178
- Date on market: 9/13/2025
- Cumulative days on market: 65 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | -- |
Source:  GFMLS #158668 Report a problem | ||
| 11/25/2025 | Pending sale | $134,900$187/sqft |
Source: GFMLS #158668 Report a problem | ||
| 11/9/2025 | Price change | $134,900-9.9%$187/sqft |
Source: GFMLS #158668 Report a problem | ||
| 11/3/2025 | Price change | $149,700-0.1%$208/sqft |
Source: GFMLS #158668 Report a problem | ||
| 10/18/2025 | Price change | $149,800-0.1%$208/sqft |
Source: GFMLS #158668 Report a problem | ||
| 10/12/2025 | Price change | $149,900-23.1%$208/sqft |
Source: GFMLS #158668 Report a problem | ||
| 10/2/2025 | Price change | $194,900-2.5%$271/sqft |
Source: GFMLS #158668 Report a problem | ||
| 9/22/2025 | Price change | $199,800-0.1%$278/sqft |
Source: GFMLS #158668 Report a problem | ||
| 9/13/2025 | Listed for sale | $199,900$278/sqft |
Source: GFMLS #158668 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,178 +0% | $61,673 -0.1% |
| 2024 | $1,178 +2.5% | $61,708 +1.5% |
| 2023 | $1,149 -2.5% | $60,799 +6% |
| 2022 | $1,178 +17.9% | $57,355 +22.3% |
| 2021 | $999 +14% | $46,904 +15% |
| 2020 | $877 -3% | $40,787 -10% |
| 2018 | $904 +12.3% | $45,317 -0.6% |
| 2017 | $805 | $45,574 -0.1% |
| 2016 | $805 +209.1% | $45,609 +27.3% |
| 2015 | $260 | $35,837 -0.1% |
| 2014 | $260 | $35,872 -0.1% |
| 2013 | -- | $35,908 -0.1% |
| 2012 | -- | $35,943 +132.1% |
| 2011 | -- | $15,484 |
Find assessor info on the county website
Neighborhood: 99709
Nearby homes
- $--1 bd1 ba-- sqft1782 Army Rd #4, Fairbanks, AK 99709Off Market
- $306,3002 bd1 ba-- sqft1782 Army Rd #2, Fairbanks, AK 99709Off Market
- $206,0001 bd1 ba355 sqft1782 Army Rd, Fairbanks, AK 99709Off Market
- $--1 bd1 ba366 sqft1782 Army Rd APT 3, Fairbanks, AK 99709Off Market
- $---- bd1 ba-- sqft1782 Army Rd APT 8, Fairbanks, AK 99709Off Market
- $--2 bd1 ba762 sqft1782 Army Rd APT 5, Fairbanks, AK 99709Off Market
- $---- bd1 ba234 sqft1782 Army Rd APT 9, Fairbanks, AK 99709Off Market
- $--1 bd1 ba152 sqft1782 Army Rd APT 7, Fairbanks, AK 99709Off Market
Nearby schools
GreatSchools rating
- 8/10Pearl Creek Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 7/10Randy Smith Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10West Valley High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Randy Smith
- High: West Valley
Source: GFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Alaska
- Fairbanks North Star Borough
- Fairbanks
- 99709
- 1788 Army Rd
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