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Property Spotlight

1254-1256 Water Street
$769,000
Multi-family opportunity
- 5 bedrooms
- 6 bathrooms
- 3,206 Sq ft
Don’t miss out on this incredible multi-family opportunity! This property features three thoughtfully designed units: two spacious 2-bedroom, 2-bathroom units, one cozy 1-bedroom, 1-bathroom unit, and a generously sized unfinished space brimming with potential. All units are separately metered, offering ease and independence for tenants. Located within walking distance to downtown Ketchikan on the historic Water Street, this property provides stunning views from every unit, making it an exceptional choice for both vacationers and long-term residents alike.
The upper 2-bedroom, 2-bathroom unit offers a private parking deck off Sayles Street, complete with a private entrance, a large laundry/mudroom, and an open-concept living area that seamlessly connects to a walk-out deck showcasing breathtaking panoramic views.
The middle 2-bedroom, 2-bathroom unit also boasts a separate entrance, stunning views from its own deck, a spacious open living area, and a private laundry/mudroom.
The lower level features a separately metered unfinished space with one bathroom, offering endless possibilities to transform it into something truly special.
Next-door, the one-bedroom, one-bathroom unit includes a carport beneath and a private deck, making it a perfect retreat.
With a history as both a successful vacation rental and long-term rental, this property offers both comfort and incredible investment potential in a prime location.
#25-1610
Listing Agent: Hilary Robbins

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Coastal is your one-stop source for Ketchikan and Prince of Wales real estate. Whether it is residential, commercial, land, or remote properties, Coastal has you covered. When you choose Coastal, our top agents, cutting-edge technology, and unparalleled service will help you buy and sell real estate throughout Southeast Alaska.
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Our team provides continuous, attentive support throughout the buying or selling process, ensuring a smooth, stress-free experience for every client.
Meet Coastal | Keller Williams Realty | Alaska Group
As one of the most respected real estate firms in Southeast Alaska, Coastal takes pride in our leadership team’s commitment to integrity, professionalism, and exceptional service. We have over 100+ years of combined real estate experience.
Established in 2010, from day one we have been the top-selling agency in Ketchikan, Alaska. We have been successfully marketing some of the most distinctive homes in Southeast Alaska. Our local expertise, global reach, and reputation ensure the properties we represent garner the exposure they deserve.
Coastal is a full-service real estate agency specializing in residential, commercial, and remote properties. We bring together top agents, cutting-edge technology, and unparalleled service to help clients throughout Southeast Alaska buy and sell real estate — and enjoy themselves every step along the way.
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