Investment Opportunity in the Heart of Fairbanks! This centrally located triplex offers incredible potential for the savvy investor or contractor looking to build equity. Featuring two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this multi-family property is just minutes from schools, shopping, childcare, churches, restaurants, and all the conveniences of town. Please note: the property has experienced freeze damage to the heating and plumbing systems and will require significant repairs. Due to the condition, it will need a cash offer or reno/mini construction loan. Whether you're looking to renovate and rent or fix and flip, this is a rare opportunity to own income-producing real estate in a prime Fairbanks location.
Foreclosure
$156,000
2008 Gillam Way, Fairbanks, AK 99701
--beds
3baths
3,158sqft
Triplex
Built in 1953
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
- 21 days
- on Zillow |
- 570 |
- 17 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 09:30pm
Listed by:
Katie Nations 907-888-8158,
SOMERS SOTHEBY'S,
Angie Tallant
Source: GFMLS,MLS#: 158202

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Hot Water
Features
- Basement: Daylight
Interior area
- Total structure area: 3,158
- Total interior livable area: 3,158 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Exterior features: Lawn
Lot
- Size: 0.33 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 0544876
- Zoning: na
- Zoning description: Light Commercial District
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- T1-11, Vinyl Siding, 2x4
- Foundation: Block
- Roof: Shingle
Condition
- 20 + yrs.
- New construction: No
- Year built: 1953
Utilities & green energy
- Gas: Oil
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Bjerremark
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $262,332
- Annual tax amount: $3,922
- Price range: $156K - $156K
- Date on market: 7/19/2025
- Road surface type: Paved
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