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1254-1256 Water Street

Ketchikan, AK 99901
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SqFt3,206

Sqft(Lot)

SqFt4,043

Sqft(Lot)

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 brea thtaking 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $769,000

AD Id : 62569783

MLS Id : 25-1610

Beds : 5

Lot Size : 4,043 Sqft(Lot)

Living Area Size : 3,206

County : Ketchikan Gateway Borough

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 6
  • Flooring Information

    Laminate, Tile, Vinyl
  • Roofing Information

    Metal, Composition, Shingle
  • Interior Features

    Roof: Metal, Composition, Shingle Appliances: Washer/Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Other, Electric, Propane, Separate Meters

  • Building Information

    Year Built: 2011 Building Area Total: 3206 Construction Materials: Wood Siding, Frame Private Pool: No View: Mountain(s), Ocean

  • Lot Information

    Main Square Feet: 4043 Square Feet Lot Size Acres: 0.09 Lot Size Square Feet: 4043

  • Listing Price Information

    Listing Price: $769000 Original Price: $790000

  • Tax Information

    Parcel Number: 011341006500 Tax Year: 2025 Annual Tax: $5275.48 Tax Legal Desc: ALL AND ENTIRE L3 B3 U. S. SURVEY 437, KETCHIKAN RECORDING DISTRICT, FIRST JUDICIAL DISTRICT

  • Parking Information

    None, Attached Carport, Carport, Attached

    Garage Information

    Has Attached Garage: Yes

  • School Information

    Elementary School: Houghtaling
    Junior High School: Schoenbar
    Senior High School: Ketchikan
  • Location Information

    Direction: Parking on Water Street for lower 2 units. Parking on Sayles for upper unit. WaterSource: Public Security Features: Smoke Detector(s)
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ByOwner last updated this listing 06/25/2026 @ 21:57

MLS: 25-1610 LISTED BY: Hilary Robbins, Coastal Realty, Alaska Group 907-247-5811 SOURCE: Alaska Multiple Listing Service

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