Rare, high-density investment opportunity! Versatile 10-bedroom, 10-bathroom multiplex offers steady income-stream, & located in prime location. Perfectly configured for a group home, supportive housing network, or specialized residential care facility, expansive complex with balance of community spaces and private residential units, ready for new owners!Approximately $10,600 rental income. Current rents priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.
For sale
Price cut: $25K (7/20)
$450,000
253 Old Steese Hwy, Fairbanks, AK 99712
10beds
7,000sqft
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
- 56 days |
- 245 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Bernard,
Next Level Realty, LLC,
William Bernard,
Next Level Realty, LLC
Source: AKMLS,MLS#: 26-7527
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Unknown
Appliances
- Laundry: Common Area
Features
- Has basement: No
Interior area
- Total structure area: 7,000
- Total interior livable area: 7,000 sqft
Property
Features
- Waterfront features: No Access, None
Lot
- Size: 0.48 Acres
Details
- Parcel number: 0137685
- Zoning: GC
- Zoning description: General Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Unknown
- Water: Unknown-BTV
Community & HOA
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $298,612
- Annual tax amount: $4,913
- Date on market: 6/23/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,103/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $450,000-5.3%$64/sqft |
Source:  AKMLS #26-7527 Report a problem | ||
| 6/23/2026 | Listed for sale | $475,000-5.9%$68/sqft |
Source: AKMLS #26-7527 Report a problem | ||
| 2/1/2026 | Listing removed | $505,000$72/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 11/1/2025 | Price change | $505,000-3.8%$72/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 9/3/2025 | Price change | $525,000-8.7%$75/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 7/31/2025 | Price change | $575,000-3.7%$82/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 7/11/2025 | Price change | $597,000-1.6%$85/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 6/9/2025 | Listed for sale | $607,000$87/sqft |
Source: AKMLS #25-6992 Report a problem | ||
| 5/13/2014 | Sold | -- |
Source: AKMLS #14-4062 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,913 -0.4% | $298,612 |
| 2024 | $4,931 +0.5% | $298,612 +1.2% |
| 2023 | $4,906 -7% | $295,196 +1% |
| 2022 | $5,275 +6.3% | $292,339 +15.2% |
| 2021 | $4,964 -0.1% | $253,807 |
| 2020 | $4,968 -1.7% | $253,807 -0.4% |
| 2018 | $5,053 +16.2% | $254,832 |
| 2017 | $4,350 | $254,832 |
| 2016 | $4,350 -28.7% | $254,832 +14% |
| 2015 | $6,104 +4.4% | $223,631 -22.4% |
| 2001 | $5,849 | $288,345 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 99712
Nearby schools
GreatSchools rating
- 4/10University Park Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 4/10Ryan Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Lathrop High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Hunter
- Middle: Ryan
- High: Lathrop
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $16,4996,769 sqft222 Romans Way, Fairbanks, AK 99701Off Market
- $--7,840 sqft200 Romans Way, Fairbanks, AK 99701Off Market
- $38,6870.99 acres3060 Braddock St, Fairbanks, AK 99701Off Market
- $287,0382.02 acres300 Old Richardson Hwy, Fairbanks, AK 99701Off Market
- $27,3070.41 acres3055 Braddock St, Fairbanks, AK 99701Off Market
- $54,1450.56 acres345 Old Richardson Hwy, Fairbanks, AK 99701Off Market
- $--10 acres3225 Leasure St, Fairbanks, AK 99701Off Market
- $40,1330.45 acres379 Old Richardson Hwy, Fairbanks, AK 99701Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
