1 / 33$769,000
Originally $790,000
1254-1256 Water Street
Ketchikan AK 99901
Coastal Realty, Alaska Group
5
Bedrooms
6
Bathrooms
3,206
Sq Ft
2011
Year Built
MLS# 25-1610· Listed Feb 18, 2025
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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.
Documents & insights
5 documents from current & prior listings · parcel #011341006500.
Summary of 5 documents from this property's current and prior listings. 0 items worth reviewing, plus 19 additional facts captured.
A sample of what's in the documents
Document noted
The Certificate of Occupancy & BEES records this as a neutral observation — quoted text below.
Certificate of Occupancy issued 4/6/12 for 1250, 1254, and 1256 Water Street, Ketchikan, authorizing 3 residential units and commons area under Building Permit # 3170.View source — Certificate of Occupancy & BEES
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Property Details
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Listed by: Hilary Robbins · Coastal Realty, Alaska Group
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Mortgage Estimate
$4,605/mo
$692,100 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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