1254-1256 Water Street, Ketchikan, Alaska 99901

$769,000
5 Beds
6 Baths
3,206 Sqft
0.09 Acre
Listing ID #25-1610
Hilary Robbins
Coastal Keller Williams Realty Alaska Group
Property Description

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.

Property Features
Basic Details
25-1610
Residential Income
$769,000
2011
US
AK
Ketchikan
99901
Mountains,Ocean
5
6
3,206 Sqft
0.09 Acre
Active
Coastal Keller Williams Realty Alaska Group
6
: Composition, Metal, Shingle
Features
: Baseboard, Electric, Other, Propane, Separate Meters
: None
Address Map
1254-1256
Water
Street
W132° 20' 30.9''
N55° 20' 44.1''
Parking on Water Street for lower 2 units. Parking on Sayles for upper unit.
2C - Ketchikan Gateway Borough
RM - Medium Density Residential
Neighborhood
Houghtaling
Ketchikan
Schoenbar
Additional Information
Hilary Robbins
1
3206
: Wood Frame
: Poured Concrete, Post on Pad
3
$0
Financial
5275.48
Listing Information
113541
5052
Active
2025-04-22T18:45:04Z
AKMLS
2025-02-20T01:55:32Z
Features
1.0
: Tile, Luxury Vinyl Plank
: Public Sewer

Property Search

Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent