1254-1256 Water StreetKetchikan, AK 99901




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$3,508Don'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.
| 6 months ago | Listing updated with changes from the MLS® | |
| 6 months ago | Status changed to Active | |
| a year ago | Price changed to $769,000 | |
| a year ago | Listing first seen on site |
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Last checked: 2026-05-02 04:41 AM UTC. Data Services Provided by Showcase IDX.

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IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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Coastal is your one-step 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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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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