109 E 5th Ave, North Pole, AK, 99705
About This Home
Spacious property offering approximately 6,415 square feet including the basement and featuring 10 bedrooms and 5 bathrooms. The building has a history of thoughtful additions and updates over the years. Originally purchased and remodeled in 2011, improvements included converting the former garage and upstairs area into owner living space along with updates and repairs throughout the property. In 2012, a large bedroom was added on the front corner along the 5th Avenue side next to the living room. A substantial 2013 addition on the 4th Avenue side expanded the building with four bedrooms, two bathrooms, an entry, and laundry area, allowing the property to function as a full assisted living facility, separate storage room, and full length mechanical room. In 2022, the property was remodeled and reconfigured into three short-term rental (STR) units, creating strong income potential and flexible use options. With its generous square footage and adaptable layout, this unique property offers a variety of possibilities for investors or owner-operators.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 20 + yrs.
- Year built: 1952
Materials
- Foundation: Block
- Roof: Shingle,Urethane
- Construction materials: T1-11,2x6
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Range/Oven,Microwave,Dishwasher,Refrigerator
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedrooms & Bathrooms
- Bathrooms: 5
Features
- Vaulted Ceiling(s),Walk-In Closet(s)
- Window features: Double Pane Windows,Triple Pane Windows,Vinyl,Wood Frames
Heating
- Heating features: Hot Water
Interior Area
- Total structure area: 6,415
- Total interior livable area: 6,415 sqft
Property
Accessibility
- Accessibility features: Handicap Access
Details
- Parcel number: 0112682
- Zoning: Unknown
- Zoning description: General Commercial District
Features
- Patio & porch: Deck/Patio
- Exterior features: Garden
Lot
- Lot size: 0.41 Acres
Parking
- Total spaces: 6
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Winter Weather
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Fairbanks North Star Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance | $372 | $4,464 |
| Property Taxes | $832 | $9,984 |
| Electricity | $1,069 | $12,832 |
| Total | $6,823 | $81,876 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $949,999 |
View on Zillow