253 Romans Way, Fairbanks, AK 99701 (MLS # 26-7527)

Price $475,000
Status Active
Beds 10
Baths 10 Baths
Home size 7,000 sqft
Lot Size 20,909 sqft
Days on Market 2
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! (1) 2-Bedroom Units Currently rented at $1,400/mo (1) 2-Bedroom Units Currently rented at $1,300/mo (5) 1-Bedroom Units Currently rented at $1,100/mo (4) Single Room Occupancy (SRO) $600/mo (two tenants per room $300 each)Approximately $10,600 rental income. Current rents priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.
Property Type(s): Multi Family
Last Updated 6/22/2026 Year Built 1959
Community 3C - Fairbanks North Star Borough County Fairbanks North Star Borough

SCHOOLS

Elementary SchoolHunter
Jr. High SchoolRyan
High SchoolLathrop

Additional Details

AREA3C - Fairbanks North Star Borough
LOT0.48 acre(s)
LOT DIMENSIONS21065.0
SEWERUnknown
Listing Office: Next Level Realty, LLC
Alaska MLS

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