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.
For sale
$490,000
11 Bonnie Ave, Fairbanks, AK 99701
7beds
4baths
2,994sqft
Est.:
Quadruplex
Built in 1957
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
Dedicated dumpster spacePitched roofOne one-bedroom one-bath unitThree two-bedroom one-bath unitsFront and rear accessTwo-by-six construction
- 22 days
- on Zillow |
- 362 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 01:12pm
Listed by:
Nic Williams 907-799-6181,
SUMMIT REALTY GROUP
Source: GFMLS,MLS#: 158123

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Included: Range/Oven, Microwave, Refrigerator, Washer, Dryer, Cooktop
- Laundry: Lower Level
Features
- Ceiling Fan(s)
- Windows: Double Pane Windows
- Basement: None
Interior area
- Total structure area: 2,994
- Total interior livable area: 2,994 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: No Garage
Lot
- Size: 0.33 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 0627273
- Zoning: N/A
- Zoning description: Multiple-Family Residential District
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- T1-11, 2x6
- Foundation: Block
- Roof: Shingle
Condition
- 20 + yrs.
- New construction: No
- Year built: 1957
Utilities & green energy
- Gas: Oil
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lemeta
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $164/sqft
- Annual tax amount: $3,906
- Price range: $490K - $490K
- Date on market: 7/11/2025
- Listing terms: Cash/Refinance
- Road surface type: Paved
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