About This Home

This 3-bedroom, 1-bathroom multi-family at 1745 REED CIRCLE in Fairbanks, AK is listed for $299,900 ($150 per sqft). Built in 1984, the home offers 2,000 sqft of living space on a 1.18 acres lot.

Key Features

  • Built in 1984
  • 1.18 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
1 full
1-car garage
1984
Listing Description

Welcome to 1745 Reed Circle, a unique Fairbanks property offering versatility, income potential, and unmistakable Alaska character on approximately 1.18 acres just north of town. Built in 1984 with 2x6 construction, this approximately 2,000-square-foot two-story property is configured as two separate living spaces.

The front unit offers two bedrooms and one full bathroom, while the rear unit is a one-bedroom dry cabin without a bathroom, creating a flexible setup for buyers looking for investment potential, guest space, hobby use, or the opportunity to offset ownership costs with a second occupant.

The front residence provides the primary living area with a traditional two-story layout and practical everyday functionality. The rear dry unit adds another layer of flexibility for someone willing to work with a more rustic arrangement. Outside, the property continues to stand out.

A detached one-car garage measuring approximately 480 square feet provides valuable storage and workspace, while the large parking area in front of and beside the home offers room for multiple vehicles, trailers, or recreational equipment. A distinctive covered parking structure adds a touch of classic Alaska flair and gives the property a look that feels right at home in Interior Alaska.

The 1.18-acre lot provides additional breathing room while still keeping daily conveniences close by. Located near UAF and the backside of the golf course, this property offers quick access to west-side shopping, dining, entertainment, the airport, Fort Wainwright, and major highway connections, making travel around Fairbanks simple and convenient.

The property is located within Rural Residential District zoning and is not in a designated flood zone. Whether you're looking for an investment property, a primary residence with a second living space, or a property with a little more character than the typical in-town home, 1745 Reed Circle deserves a closer look.

With acreage, flexible living arrangements, garage space, generous parking, and a location that keeps you close to everything, this is a property with multiple ways to make it work for you. Virtual tour available online.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

1745 REED CIRCLE

Fairbanks, AK 99709

Reed Acrs1

Features & Amenities

Interior Features

Hardwood FloorsVaulted CeilingSky Light

Exterior Features

ShedOutdoor Sauna

Property Details

Construction

2x6

Appliances

Range/OvenDishwasherRefrigeratorWasherDryer

Questions & Answers

This 3-bedroom, 1-bathroom multi-family at 1745 REED CIRCLE is listed at $299,900 ($150/sqft). The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 1.18 acre lot, 2 stories, 4 parking spaces. Interior Features: Hardwood Floors, Vaulted Ceiling, Sky Light. Exterior Features: Shed, Outdoor Sauna.

This property is listed by Nic Williams.

NW

Nic Williams

Agent at THE REAL ESTATE COLLECTIVE

Listed by THE REAL ESTATE COLLECTIVE · Broker phone: 9077996181 · View on Broker Site · Broker website

MLS# 161072· Source: Greater Fairbanks Board-Realtors· 70 days on PropertySimple

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.

1745 REED CIRCLE, Fairbanks, AK 99709

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