1227 Black Bear Road, Ketchikan, Alaska 99901

$479,000
6 Beds
4 Baths
2,400 Sqft
0.24 Acre
Listing ID #25-7983
Michael Elerding
Coastal Keller Williams Realty Alaska Group
Property Description

Welcome to a unique investment opportunity on Black Bear Road—an up/down duplex situated on a rare double city lot totaling over 10,000 square feet. With its expansive footprint and corner-lot positioning, this property offers an exceptional combination of living space, rental income, storage, and off-street parking—all in a highly desirable location. Each of the two units spans approximately 1,200 square feet. The upper unit features 3 bedrooms, 1.5 baths, and a bright living room that opens onto a large 12′ x 24′ deckperfect for enjoying Ketchikan’s long summer evenings. It’s heated with a reliable Toyo oil stove and includes an in-unit washer and dryer.
The lower unit offers 2 bedrooms and 1.5 baths, with its own washer and dryer and a covered deck just off the kitchen and dining areaproviding a cozy outdoor retreat rain or shine. Both units have a strong rental history and are currently occupied by dependable tenants, making this property a solid income generator from day one.
Recent updates make this home even more appealing: the roof, siding, windows, and exterior doors have all been recently replaced, enhancing the property’s curb appeal, energy efficiency, and long-term durability.
What truly sets this property apart is the lot itself. With over 10,000 square feet, you’ll have room to spare for parking, boats, or ATVs. Two off-street parking spaces sit in front of the home, with even more space along the side yardideal for tenants or owners with gear to store.
A 16′ x 24′ detached metal building adds incredible value, with a 10′ wide by 8′ tall overhead door that accommodates large trucks or offers secure indoor storage for your boat or workspace needs.
And the location? Just a short walk to the Ketchikan Recreation Center and community pool, and within walking distance of downtown, shops, and services. Whether you’re looking for an investment property or a flexible live/rent opportunity, this Black Bear Road duplex checks all the boxes for value, convenience, and potential.

Property Features
Basic Details
25-7983
Residential Income
$479,000
1983
US
AK
Ketchikan
99901
6
4
2
2,400 Sqft
0.24 Acre
Active
Coastal Keller Williams Realty Alaska Group
2
Features
: Baseboard, Floor Furnace
Address Map
1227
Black Bear
Road
W132° 21' 3.7''
N55° 20' 58.4''
In Bear Valley close to the pool
2C - Ketchikan Gateway Borough
RM - Medium Density Residential
Neighborhood
Houghtaling
Ketchikan
Schoenbar
Additional Information
Michael Elerding
2400
: Poured Concrete
1.0
2
$0
Financial
3400.0
Listing Information
17477
5052
Active
2025-09-08T20:36:52Z
AKMLS
2025-06-26T21:35:59Z
Features
: Public Sewer

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