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About This Home

This 1-bedroom, 1-bathroom single family at 506 EIGHTH AVENUE in Fairbanks, AK is listed for $225,000 ($309 per sqft). Built in 1943, the home offers 727 sqft of living space on a 0.05 acres lot.

Agent Description

Cute and centrally located ranch-style home in downtown Fairbanks, offering comfort, convenience, and versatility all in one. Truly move-in ready, this home features a functional main-level layout that works well for everyday living, a home office setup, or creative use.

The full unfinished basement offers 9-foot ceilings and exterior access, providing excellent storage or future expansion potential. Outside, you'll find a fully fenced yard for privacy and a convenient carport for covered parking. The property's layout and location make it an excellent option for a photography studio, in-town residence, or small professional space with easy accessibility. A rare opportunity in a prime Fairbanks location. Well-kept, flexible, and ready for its next owner.

Key Features

  • Built in 1943
  • 0.05 acre lot

Property Details

1 full
1943

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

506 EIGHTH AVENUE

Fairbanks, AK 99701

Fairbanks Townsite

Features & Amenities

Interior Features

Tile FloorSmoke DetectorsLaminate Flooring

Exterior Features

FenceCovered Deck/Patio

Property Details

Construction

2x6

Pool Features

Patio

Heating

Forced Air

Appliances

Range/OvenMicrowaveRefrigeratorWasherDryer

Questions & Answers

This 1-bedroom, 1-bathroom single family at 506 EIGHTH AVENUE is listed at $225,000 ($309/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1943, 0.05 acre lot. Interior Features: Tile Floor, Smoke Detectors, Laminate Flooring. Exterior Features: Fence, Covered Deck/Patio.

This property is listed by Gary Gallemore and can be reached at 9073713070 or gary@akpropertyadvisors.com.

GG

Gary Gallemore

Agent at ALASKA PROPERTY ADVISORS

(907) 371-3070

Listed by ALASKA PROPERTY ADVISORS · View on Broker Site

MLS# 159864· Source: listhub· Updated 40 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.

506 EIGHTH AVENUE, Fairbanks, AK 99701

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