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About This Home

This 5-bedroom, 5-bathroom single family at 1003 8TH AVENUE in Fairbanks, AK is listed for $495,000 ($148 per sqft). Built in 1946, the home offers 3,340 sqft of living space on a 0.15 acres lot.

Agent Description

RARE FIND! Spacious 5-bedroom, 5-bathroom home in a prime central location within walking distance to schools, restaurants, the library, Co-op Market, and other amenities. Originally built in 1946 and completely rebuilt in 2002 with a second story, soundproofing, updated insulation, new wiring, and numerous additional improvements.

Plans and permits available upon request. Formerly operated as a successful bed and breakfast, this versatile property offers excellent income potential. The second floor features three large bedrooms, each with a private en-suite bathroom. The main level includes a welcoming living and dining area, spacious kitchen with newer stainless-steel appli

ances, large island, desk-height workspace, an additional bedroom, full bath, and office that could serve as a 6th bedroom. Attached one-car garage is wired for 220V service and includes a separate apartment above with private entrance, 1 bedroom, 1 bath, full kitchen, and living room.

Long-term tenant would like to remain, providing immediate rental income opportunity. Unfinished basement offers laundry, mechanical systems, and abundant storage. A unique property with flexible living arrangements, income-producing potential, and an unbeatable in-town location.

Key Features

  • Built in 1946
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
5 full
1946

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

1003 8TH AVENUE

Fairbanks, AK 99701-4371

Fairbanks Townsite

Property Details

Construction

2x6

Questions & Answers

This 5-bedroom, 5-bathroom single family at 1003 8TH AVENUE is listed at $495,000 ($148/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1946, 0.15 acre lot, 2 stories.

This property is listed by Kelly Paschall and can be reached at 9075906761 or kellypaschall@live.com.

KP

Kelly Paschall

Agent at ALASKA REAL ESTATE VALUES

(907) 590-6761

Listed by ALASKA REAL ESTATE VALUES · View on Broker Site

MLS# 160281· Source: listhub· Updated 2 days ago

Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1003 8TH AVENUE, Fairbanks, AK 99701-4371

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