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About This Home

This 7-bedroom, 4-bathroom residential multi family at 11 BONNIE AVENUE in Fairbanks, AK is listed for $490,000 ($164 per sqft). Built in 1957, the home offers 2,994 sqft of living space on a 0.33 acres lot.

Agent Description

Welcome to 11 Bonnie Avenue-a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks' main shopping district right in between.

Situated on 0.30 acres and offering a total of 2,994 square feet, this multi-family zoned property features a solid concrete block foundation, two-by-six construction, and a pitched roof added in recent years to replace the original flat roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit-offering a total of seven bedrooms and four bathrooms across four fully separate living spaces.

Tenants enjoy designated parking with up to 10 spots available, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear, providing a mix of privacy and convenience. Additional features include a shared shed, dedicated dumpster space for easy trash collection, and overflow parking on the side.

Located near trail systems like Cramer's Field and some of the top-rated schools in Fairbanks, this property appeals to renters looking for a neighborhood feel with city convenience. With a gross annual income of $61,800 and a strong rental history, 11 Bonnie Avenue is an excellent opportunity for landlords seeking low-vacancy income in a desirable residential setting. Come take a look at this rare multi-family opportunity in one of Fairbanks' most sought-after areas.

Key Features

  • Built in 1957
  • 0.33 acre lot
  • 10 parking spaces

Property Details

10 spaces
1957

Monthly Cost Estimate

$2,621/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,123
Insurance$143

Estimates only. Actual payments may vary.

Location

11 BONNIE AVENUE

Fairbanks, AK 99701

Lemeta

Features & Amenities

Interior Features

Smoke Detectors

Exterior Features

Shed

Property Details

Construction

2x6

Heating

BaseboardHot Water(Heating)

Appliances

Range/OvenMicrowaveRefrigeratorWasherDryerCeiling FanCook Top

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 11 BONNIE AVENUE is listed at $490,000 ($164/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.33 acre lot, 10 parking spaces. Interior Features: Smoke Detectors. Exterior Features: Shed.

This property is listed by Nic Williams and can be reached at 9077996181 or nicwilliams@alaskanrealtors.com.

NW

Nic Williams

Agent at THE REAL ESTATE COLLECTIVE

(907) 799-6181

Listed by THE REAL ESTATE COLLECTIVE · View on Broker Site

MLS# 158123· Source: listhub· Updated 325 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.

11 BONNIE AVENUE, Fairbanks, AK 99701

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