1533 Lacey Street, Fairbanks, AK 99701 (MLS# 26-2211)

1533 Lacey Street, Fairbanks, AK 99701

$8,750,000
Property Type: Multi-Family Bedrooms: 50 Baths: 44 Square Footage: 28,204 Lot Size (sq. ft.): 34,200 Status: Active
Current Price: $8,750,000 Last Modified: 3/10/2026

Overview

Description

Originally a 60-unit summer hotel, this property was rebuilt from the studs up and reconfigured into 44 modern units. Upgrades include new windows, 9 inches of exterior insulation, high-efficiency boilers, and radiant floor heat on all four levels. Heating costs average just $0.37 per sq ft annually $10,500/year. Elevator access makes all floors ADA compliant. Gross income $713,000 per year.

Listing Details MLS# 26-2211

Contract Info

Price-List
8750000
Date-Listing
2026-03-03
Foreclosure/Bank Own
No

Location Tax and Legal

Area
710 - North Fairbanks
Street #
1533
Street Name
Lacey
Arterial
Street
Closest USPS Town
Fairbanks
State
AK
Zip Code
99701

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
50
Bathrooms Full
44
Bathrooms Total
44
Bldgs-Ttl #
Yes
Year Built
1974
SF-Res
28204
Number of Units
44
SF-Lot
34200
Acres
0.79
Prkg Spcs
44
Lot Area Source
Tax Authority
Zoning
GU1 - General Use
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
Airport to South Cushman, Left on16th Ave, turn left onto Lacey Street, Apartments on the Right.

Location, Tax and Legal

Region
3 - Interior & North Alaska Regions - All
Borough/Census Area
3C - Fairbanks North Star Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Gateway L3-7 B5
Taxes (Estimated)
42345
Tax Year
2025
School-Elementary
Ann Wien
School-Middle
Tanana
School-High
Lathrop

Multi-Family Type

Apartment Style
Yes
Multi Family
Yes

More Information

Heating

Radiant Floor
Yes

Foundation Type

Poured Concrete
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Docs Avl for Review

Floor Plan
Yes

Property Features

Multi-Family Type: Apartment Style; Multi Family Foundation Type: Poured Concrete Garage Type: None Carport Type: None Heating: Radiant Floor Sewer-Type: Public Sewer Water Source: Public Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Docs Avl for Review: Floor Plan
Listing Office: Brasier Realty
IDX
Last Updated: March - 10 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

Contact Us