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715 Waves Road

Fairbanks, AK 99709
  • $549,900
  • STATUS: Active
  • MLS #: 160185
UPDATED: 65 min ago
$549,900
  • 8
    BEDS
  • 0.42
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,808
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973

School Information

Elementary School:
Middle School:
High School:

Description

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.

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IDX information © 2026 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or The Schok Group | Somers Sotheby's International Realty.
www.fairbanksalaskahomesearch.com/homes/176949647
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715 Waves Road Fairbanks, AK 99709

  • Price: $549,900
  • Status: Active
  • On Site: Days
  • Updated: 65 min ago
  • MLS #: 160185
8
Beds
4
Baths
0
½ Baths
0.42
Acres
3,808
SQFT
$144
$/SQFT
1973
Built
Neighborhood:
Bunnell Park
Area:
West Fairbanks
Elementary School:
University Park
Middle School:
Ryan
High School:
Lathrop
Property Description
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.
Exterior Features

Access PavedMaintained Apx Garage Sq Ft 704 Construction Other/See Remarks Exterior Features RV ParkingLawnGarden AreaNaturalInternet AvailableTelephone Service Exterior Finish T1-11 Foundation Poured Concrete Garage Type Attached/HTD Roof Shingle Style 2 Story

Interior Features

Appliances And Equipment Range/OvenDishwasherRefrigeratorWasherDryerGarage Door Opener Basement None Fuel Source Oil Heating Electric BaseboardMonitor/Toyo Interior Features Smoke DetectorsLaminate FlooringSolid Type Countertop Laundry Main Level Total Baths 4 Windows Vinyl

Property Features

Address2 717 Waves Age 31 + yrs CCRs YN Unknown Documents On File Property DisclosureFuel/Utility UsageInspection Report Fire Service Public Flood Zone X For Sale Or Rent For Sale Foreclosure Reo YN No Hoa Dues Monthly n/a Licensee Owned No Residential Type OTHER/SEE REMARKS Road Service Public Short Sale YN No Single Family Options DETACHED Terms Cash/Refinance Water Public Zoning Two-Family Residential District Zoning Overlay Unknown

Listing provided by MAJORS REALTY GROUP, LLC: 907-455-4600.
IDX information © 2026 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or The Schok Group | Somers Sotheby's International Realty.
 
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The Schok Group | Somers Sotheby's International Realty
711 Gaffney Rd. Ste 100
Fairbanks AK, 99701