1517 Lathrop St, Fairbanks, AK 99701

Charming & Versatile Fairbanks Home – Live, Rent, or Both! Welcome to 1517 Lathrop Street—This Lindal Cedar Home is a rare gem in the heart of Fairbanks offering incredible flexibility, income potential, and a location that can’t be beat! This spacious 6-bedroom, 2-bath home is currently set up as a duplex with a 3-bed/1-bath unit upstairs and a 3-bed/1-bath unit downstairs—but it can easily be used as a single-family home if that’s what you’re looking for! Whether you're a savvy investor, a growing family, or someone seeking multi-generational living, this property checks all the boxes. Solid 2x6 construction on a poured concrete slab, 2,240 sq ft of living space, and a generous 729 sq ft heated two-car garage give you room to live and grow. All of this sits on a roomy 0.38-acre lot with city water and sewer. Rental bonus: The lower unit is currently rented for $1,800/month through the end of September—giving you immediate income or the option to move in soon. The upper unit is ready for a new occupant—whether that’s you or your next tenant! What you'll love: 6 total bedrooms & 2 full baths Flexible layout: use as a duplex or single-family home 2,240 sq ft of living space + 729 sq ft heated garage 0.38-acre lot with cedar lap siding and a shingled roof Attached garage = winter convenience Central location near Fairbanks Memorial Hospital, Chief Andrew Isaac Health Center, schools, shopping & downtown On the bus line and easy access to everything! Whether you're house-hacking, expanding, or simplifying, 1517 Lathrop Street offers the perfect mix of comfort, opportunity, and location.