1254-1256 Water Street, Ketchikan, AK 99901 (MLS # 25-1610)

Price $769,000
Status Active
Beds 5
Baths 6 Baths
Home size 3,206 sqft
Lot Size 3,921 sqft
Days on Market 491
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 Type(s): Multi Family
Last Updated 11/6/2025 Year Built 2011
Community 2C - Ketchikan Gateway Borough County Ketchikan Gateway Borough

SCHOOLS

Elementary SchoolHoughtaling
Jr. High SchoolSchoenbar
High SchoolKetchikan

Additional Details

APPLIANCESWasher/Dryer
AREA2C - Ketchikan Gateway Borough
CONSTRUCTIONFrame, Wood Siding
GARAGEAttached Garage
HEATBaseboard, Electric, Other, Propane, Separate Meters
LOT3920 sq ft
LOT DIMENSIONS4043.0
PARKINGNone, Attached Carport, Carport, Attached
SEWERPublic Sewer
TAXES5275.48
VIEWYes
VIEW DESCRIPTIONMountain(s), Ocean
WATERPublic
Listing Office: Coastal Realty, Alaska Group
Alaska MLS

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