$769,000

1254-1256 Water Street, 1250, Ketchikan, AK 99901

  • 5 beds |
  • 6 baths |
  • 3,206 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $240/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
February 19, 2025
Data Last Updated:
April 1, 2026 at 7:37AM
Listing Office:
Coastal Keller Williams Realty Alaska Group : 907-247-5811
MLS ID:
25-1610
  • Flooring: LaminateTile
  • Heating: BaseboardOtherElectricPropaneSeparate Meters
  • Parking: None
  • Roofing: MetalCompositionShingle
  • General: Wood FramePost on PadPoured Concrete
  • Originating MLS: Alaska Multiple Listing Service
  • Zoning: RM - Medium Density ResidentialALL AND ENTIRE L3 B3 U. S. SURVEY 437KETCHIKAN RECORDING DISTRICTFIRST JUDICIAL DISTRICT011341006500
  • View: Mountain(s)Ocean
  • Sewer: Public Sewer
  • Source: Alaska Multiple Listing Service

This listing courtesy of Coastal Keller Williams Realty Alaska Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location