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1533 Lacey Street, 
Fairbanks, AK 99701

$8,750,000

50

Beds

44

Baths

28,204

Sq Ft

Multi-Family

Active

Listed by

Ray Brasier

Brasier Realty

907-750-9320

Last updated:

May 19, 2026, 02:26 PM

MLS#

26-2211

Source:

AK AMLS

About This Home

1533 Lacey Street

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.

Home Facts

Multi-Family

44 Baths

50 Bedrooms

Built in 1974

Price Summary

8,750,000

$310 per Sq. Ft.

MLS #:

26-2211

Last Updated:

May 19, 2026, 02:26 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

50

Bathrooms

Total Bathrooms:

44

Full Bathrooms:

44

Interior

Living Area:

28,204 Sq. Ft.

Structure

Structure

Building Area:

28,204 Sq. Ft.

Year Built:

1974

Lot

Lot Size (Sq. Ft):

34,412

Finances & Disclosures

Finances

Price:

$8,750,000

Price per Sq. Ft:

$310 per Sq. Ft.

MLS Logo
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated May 26, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.