Skip main navigation
For sale
  • Price cut: $6K (7/7)
    $219,000

    506 8th Ave, Fairbanks, AK 99701

    1beds
    727sqft
    : 
    $1,507/mo
    Get pre-qualified
    Single Family Residence
    Built in 1943
    2,178 Square Feet Lot
    $216,200 Zestimate®
    $301/sqft
    $-- HOA

    What's special

    Ranch-style homeHome office setupFunctional main-level layout
    Cute and centrally located ranch-style home in downtown Fairbanks, offering comfort, convenience, and versatility all in one. Truly move-in ready, this home features a functional main-level layout that works well for everyday living, a home office setup, or creative use. The full unfinished basement offers 9-foot ceilings and exterior access, providing excellent storage or future expansion potential. Outside, you’ll find a fully fenced yard for privacy and a convenient carport for covered parking. The property’s layout and location make it an excellent option for a photography studio, in-town residence, or small professional space with easy accessibility. A rare opportunity in a prime Fairbanks location. Well-kept, flexible, and ready for its next owner.
    95 days
    |
    729
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Gallemore 907-371-3070,

    ALASKA PROPERTY ADVISORS

    Source: GFMLS,MLS#: 159864MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Appliances
      • Included: Range/Oven, Microwave, Refrigerator, Washer, Dryer
      Features
      • Flooring: Tile, Laminate
      • Windows: Vinyl, Double Pane Windows
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 727
      • Total interior livable area: 727 sqft

      Property

      Parking
      • Parking features: Carport
      • Has carport: Yes
      Features
      • Patio & porch: Covered
      • Fencing: Fenced
      Lot
      • Size: 2,178 Square Feet
      Details
      • Parcel number: 0038199
      • Zoning: N/A
      • Zoning description: General Commercial District

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Single Family Residence
      Materials
      • T1-11, 2x6
      • Foundation: Block
      • Roof: Metal
      Condition
      • 31 + yrs
      • New construction: No
      • Year built: 1943

      Utilities & green energy

      • Gas: Oil
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Fairbanks Townsite
      Location
      • Region: Fairbanks

      Financial & listing details

      • Price per square foot: $301/sqft
      • Tax assessed value: $232,892
      • Annual tax amount: $3,832
      • Price range: $219K - $219K
      • Date on market: 4/22/2026
      • Listing terms: Cash/Refinance

        Estimated market value

        $216,200

        $205,000 - $227,000

        $1,294/mo

        Price history

        DateEventPrice
        7/7/2026Price change$219,000-2.7%$301/sqft
        Source: GFMLS #159864 Report a problem
        5/20/2026Price change$225,000-2.2%$309/sqft
        Source: GFMLS #159864 Report a problem
        4/22/2026Listed for sale$230,000+58.7%$316/sqft
        Source: GFMLS #159864 Report a problem
        4/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/2/2024Listed for rent$1,600+10.3%$2/sqft
        Source: Zillow Rentals Report a problem
        3/8/2021Sold--
        Source: Agent Provided Report a problem
        10/22/2020Pending sale$144,900$199/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #20-11900 Report a problem
        9/14/2020Price change$144,900-3.3%$199/sqft
        Source: MADDEN REAL ESTATE WITH KELLER WILLIAMS REALTY #144716 Report a problem
        8/3/2020Price change$149,900-3.2%$206/sqft
        Source: MADDEN REAL ESTATE WITH KELLER WILLIAMS REALTY #144716 Report a problem
        7/31/2020Listed for sale$154,900$213/sqft
        Source: MADDEN REAL ESTATE WITH KELLER WILLIAMS REALTY #144716 Report a problem
        6/30/2020Listing removed$154,900$213/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #20-1197 Report a problem
        1/28/2020Listed for sale$154,900$213/sqft
        Source: MADDEN REAL ESTATE WITH KELLER WILLIAMS REALTY #142984 Report a problem
        1/18/2020Listing removed$1,450$2/sqft
        Source: Somers & Associates REALTORS, Inc Report a problem
        8/1/2019Listed for rent$1,450$2/sqft
        Source: Somers & Associates REALTORS, Inc Report a problem
        8/1/2019Listing removed$154,900$213/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #19-93 Report a problem
        4/24/2019Listed for sale$154,900$213/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #19-93 Report a problem
        4/3/2019Pending sale$154,900$213/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #19-93 Report a problem
        2/14/2019Price change$154,900-3.1%$213/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #19-93 Report a problem
        1/4/2019Listed for sale$159,900$220/sqft
        Source: Madden Real Estate Fairbanks Keller Williams #19-93 Report a problem
        5/12/2014Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,832 +103.7%$232,892 +104.4%
        2024$1,881 -0.6%$113,935
        2023$1,893 -8.2%$113,935 -0.4%
        2022$2,063 -0.3%$114,341 +8%
        2021$2,070 -0.1%$105,830
        2020$2,072 -22.1%$105,830 -21%
        2018$2,658 +19.2%$134,029 -0.5%
        2017$2,230 $134,742 +3.2%
        2016$2,230 +8.1%$130,618 +1.6%
        2015$2,062 $128,557
        2014$2,062 $128,557
        2013-- $128,557 -3.5%
        2012-- $133,227 +10.7%
        2011-- $120,335
        2010-- $120,335 -1.8%
        2009-- $122,563
        2008-- $122,563 +3.1%
        2007$2,234 +6.4%$118,824 +13.4%
        2005$2,099 +25.2%$104,826 +26.4%
        2003$1,676 0%$82,956
        2002$1,676 +4.9%$82,956 +5.3%
        2001$1,598 $78,789
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99701

        Getting around

        83 / 100
        Very Walkable
        32 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Anne Wien
        • Middle: Ryan
        • High: Lathrop

        Source: GFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        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.

        Browse local experts

        Similar homes