Pending

$549,900

715 Waves Rd, Fairbanks, AK 99709

8beds

3,808sqft

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Single Family Residence

Built in 1973

0.42 Acres Lot

$-- Zestimate^®

$144/sqft

$-- HOA

What's special

Engineered roof trussesFlexible unit layoutsSpacious unitsGenerous parking

Exceptionally clean and well-maintained non-conforming 4-plex in a convenient Fairbanks location. This income-producing property stands out from the crowd with pride of ownership throughout, spacious units, and a strong rental setup that is hard to find in today’s market. Featuring multiple garages/carports, updated systems over the years, and a roof reported to be approximately 10 years old, this property has been carefully cared for and thoughtfully maintained. Several Toyo stoves have been added for efficient supplemental heat, and the sewer line has reportedly been replaced. The building offers solid bones with engineered roof trusses, generous parking, and flexible unit layouts ideal for investors or owner-occupants looking to offset their mortgage with rental income. Clean properties like this rarely hit the market — especially multi-family opportunities with this level of upkeep and long-term ownership.

28 days

623

19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Monitor/Toyo

Appliances

Included: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Main Level

Features

Solid Type Countertop
Flooring: Laminate
Windows: Vinyl
Basement: None

Interior area

Total structure area: 3,808
Total interior livable area: 3,808 sqft

Property

Parking

Total spaces: 2
Parking features: RV Access/Parking, Heated Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Exterior features: Lawn, Garden, Natural, Internet Available, Telephone Service

Lot

Size: 0.42 Acres

Details

Parcel number: 255556
Zoning: Unknown
Zoning description: Two-Family Residential District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

T1-11, Other
Foundation: Concrete Perimeter
Roof: Shingle

Condition

31 + yrs
New construction: No
Year built: 1973

Utilities & green energy

Gas: Oil
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Bunnell Park

Location

Region: Fairbanks

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $369,600
Annual tax amount: $5,515
Price range: $549.9K - $549.9K
Date on market: 5/28/2026
Listing terms: Cash/Refinance
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/6/2026	Pending sale	$549,900$144/sqft
Source: GFMLS #160185 Report a problem
5/28/2026	Listed for sale	$549,900$144/sqft
Source: GFMLS #160185 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,515 +0%	$369,600 0%
2024	$5,513 +2.3%	$369,640 +2.9%
2023	$5,390 -1.9%	$359,104 +7.1%
2022	$5,493 +14.4%	$335,361 +20.4%
2021	$4,802 -0.9%	$278,479 0%
2020	$4,846 +7.3%	$278,519 -0.3%
2018	$4,516 -0.7%	$279,439 0%
2017	$4,548	$279,479 0%
2016	$4,548	$279,519

Find assessor info on the county website

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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.

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