# 506 EIGHTH AVENUE, Fairbanks, AK 99701

> **TL;DR:** 1bd/1ba single family, $225,000 ($309/sqft), built 1943, 727 sqft. Est. $975/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $309 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 727 |
| Year Built | 1943 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Nearby Schools

- **Elementary:** Anne Wien
- **Middle:** Ryan
- **High:** Lathrop

## Property Highlights

- Built in 1943
- 0.05 acre lot

## Description

### 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.

## Location

- **Address:** 506 EIGHTH AVENUE, Fairbanks, AK 99701
- **Neighborhood:** Fairbanks Townsite
- **Coordinates:** 64.840508, -147.716595
- **Google Maps:** https://www.google.com/maps?q=64.840508,-147.716595

## Listing Agent

- **Name:** Gary Gallemore
- **Brokerage:** ALASKA PROPERTY ADVISORS
- **Phone:** 9073713070
- **Email:** gary@akpropertyadvisors.com

## Primary Photo

![506 EIGHTH AVENUE - Primary Photo](http://lh.rdcpix.com/2681fcb2f6bb139e7758c21ceb8b8518l-f2316058768r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/506-eighth-avenue-fairbanks-ak-99701-k159864)*

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**MLS#:** 159864 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/506-eighth-avenue-fairbanks-ak-99701-k159864)

---

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