$499,000

1227 Black Bear Rd Unit 1229 Ketchikan, AK 99901

Estimated payment $3,011/month

Total Views 9,691
-- Bed
-- Bath
2,400 Sq Ft
$208 Price per Sq Ft

About This Home

Welcome to a unique investment opportunity on Black Bear Road—an up/down duplex situated on a rare double city lot totaling over 10,000 square feet. With its expansive footprint and corner-lot positioning, this property offers an exceptional combination of living space, rental income, storage, and off-street parking—all in a highly desirable location. Each of the two units spans approximately 1,200 square feet. The upper unit features 3 bedrooms, 1 baths, and a bright living room that opens onto a large 12' x 24' deck—perfect for enjoying Ketchikan’s long summer evenings. It’s heated with a reliable Toyo oil stove and includes an in-unit washer and dryer. The lower unit offers 3 bedrooms and 1 baths, with its own washer and dryer and a covered deck just off the kitchen and dining area—providing a cozy outdoor retreat rain or shine. Both units have a strong rental history and are currently occupied by dependable tenants, making this property a solid income generator from day one. Recent updates make this home even more appealing: **the roof, siding, windows, and exterior doors have all been recently replaced**, enhancing the property's curb appeal, energy efficiency, and long-term durability. What truly sets this property apart is the lot itself. With over 10,000 square feet, you’ll have room to spare for parking, boats, or ATVs. Two off-street parking spaces sit in front of the home, with even more space along the side yard—ideal for tenants or owners with gear to store. A 16' x 24' detached metal building adds incredible value, with a 10' wide by 8' tall overhead door that accommodates large trucks or offers secure indoor storage for your boat or workspace needs. And the location? Just a short walk to the Ketchikan Recreation Center and community pool, and within walking distance of downtown, shops, and services. Whether you're looking for an investment property or a flexible live/rent opportunity, this Black Bear Road duplex checks all the boxes for value, convenience, and potential.

Listing Agent

Mike Elerding

Coastal Keller Williams Realty Alaska Group Listed on: 06/26/2025

Coastal Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1983

Lot Details

  • 10,372 Sq Ft Lot

Home Design

  • 2,400 Sq Ft Home
  • Duplex

Schools

  • Houghtaling Elementary School
  • Schoenbar Middle School
  • Ketchikan High School

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $1,700
  • Assessor Parcel Number 011314002700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,504

Year Built

Built in 1983

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1227 Black Bear Road
  • Estimated Garage Sq Ft: 384
  • Estimated Lot Sq Ft: 10372
  • Estimated Sq Ft: 2400
  • Assessed Improvement Value: 224100
  • Borough Parcel Number: 011314002700
  • Geo Address Line: 1227 Black Bear Rd
  • Geo Primary City: Ketchikan
  • Geo Quality: 0.95
  • Geo Subdivision: AK
  • Geo Zoom Level: 16
  • Licensee: 237
  • Price per Sq Ft: 207.92
  • Property Zoning: Ketchikan RM
  • Site Disclosure: waived
  • Sub Condo M H P: Not in a Subdivision
  • Total Assessed Value: 306000
  • Year Built: 1983
  • Lease Term Mos: 12
  • Security Deposit: 1700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foreclosure: No
  • Legal Description: Lot 10, Block 8, USMS 769
  • Basement Type: Duplex

Condo/Co-op/Association

  • Units in Building: 2

Fee Information

  • Tax Class: MULTIFAMILY

Schools

  • Elementary School: Houghtaling
  • Middle School: Schoenbar
  • High School: Ketchikan H.S.
  • Elementary School: Houghtaling
  • High School: Ketchikan H.S.
  • Middle School: Schoenbar

Lot Info

  • Geo Update Timestamp: 2025-06-26
  • Estimated Number Acres: 0.23
  • Lot Sq Ft Source: Public Records

Tax Info

  • Assessed Land Value: 81900

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,504 $306,000 $81,900 $224,100
2024 $3,331 $293,500 $77,500 $216,000
2023 $3,184 $269,800 $67,700 $202,100
2022 $3,079 $260,900 $67,700 $193,200
2021 $2,994 $253,700 $67,700 $186,000
2020 $2,920 $251,700 $67,700 $184,000
2019 $2,876 $247,900 $67,700 $180,200
2018 $2,834 $244,300 $67,700 $176,600
2017 $2,752 $235,200 $0 $0
2016 $2,794 $238,800 $0 $0
2015 -- $233,700 $0 $0
2014 -- $233,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $499,000 -- $208 / Sq Ft
Source: Southeast Alaska MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,833 Commercial
Closed $40,000 Credit Line Revolving
Closed $66,563 Unknown
Closed $202,000 New Conventional
Closed $207,000 Purchase Money Mortgage
Previous Owner $198,000 No Value Available
Source: Public Records

Similar Homes in Ketchikan, AK

  • 1227 Black Bear Rd Unit 1229, Ketchikan, AK 99901

    $499,000

    • 6 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 1227 Black Bear Rd
    • Unit 1229
    • Ketchikan, AK

    Welcome to a unique investment opportunity on Black Bear Road--an up/down duplex situated on a rare double city lot totaling over 10,000 square feet. With its expansive footprint and corner-lot positioning, this property offers an exceptional combination of living space, rental income, storage, and off-street parking--all in a highly desirable location.Each of the two units spans approximately

    Mike Elerding Coastal Keller Williams Realty Alaska Group

    Section Image
  • 772 Amundsen Way, Ketchikan, AK 99901

    $510,000

    • 5 Beds
    • 5 Baths
    • 3,396 Sq Ft
    • 772 Amundsen Way
    • Ketchikan, AK

    Four-plex near downtown Ketchikan. You feel like you are enjoying the best of nature surrounded by trees! The two-bedroom units are spacious with large living rooms. The other units consist of a large efficiency and a one-bedroom unit. Property includes basement storage/utility room. Storage shed is also part of the deal. This property has huge potential within the city limits.On-street parking

    Marna Cessnun Coastal Keller Williams Realty Alaska Group

    Section Image
  • 470 N Yorktown Dr Unit 472, Ketchikan, AK 99901

    $395,000

    • 4 Beds
    • 2 Baths
    • 1,906 Sq Ft
    • 470 N Yorktown Dr
    • Unit 472
    • Ketchikan, AK

    Looking for your own investment property, or the perfect live-in-one, rent-the-other setup? This well-laid-out duplex offers two units, each featuring 2 bedrooms, 1 bathroom, and 953 sq ft of comfortable living space. You'll love the open-concept layout, which provides a spacious feel, along with the mudroom and dedicated laundry room in each unit.Located on a quiet street, the property offers

    Hilary Robbins Coastal Keller Williams Realty Alaska Group

    Section Image
  • 930 & 936 Freeman St, Ketchikan, AK 99901

    $559,000

    • 4 Beds
    • 1 Bath
    • 2,113 Sq Ft
    • 930 & 936 Freeman St
    • Ketchikan, AK

    PRICE REDUCED! rare find! Darling 2-bedroom, 1 bath Single Family home and a separate Duplex for rental income. Both units have an excellent rental history. The single family residence has a deck and yard. The duplex has a 2-bedroom upper unit and an efficiency lower unit. Washer/dryer is onsite. Located near downtown this property offers convenience and privacy at the same time.

    Marna Cessnun Coastal Keller Williams Realty Alaska Group

    Section Image
  • 1770 2nd Ave, Ketchikan, AK 99901

    $549,000

    • 5 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 1770 2nd Ave
    • Ketchikan, AK

    Nestled in town on desirable Second Avenue, this tenant-occupied duplex offers stunning views, parking, and a large, spacious deck perfect for enjoying the surroundings. The upper unit features 3 bedrooms and 1 bathroom, while the lower unit offers 2 bedrooms and 1 bathroom -- each with its own laundry for added convenience. Whether you're looking for a smart investment opportunity or a primary

    Shay Eisel Coastal Keller Williams Realty Alaska Group

    Section Image
  • 609-611 Hardcastle Way, Ketchikan, AK 99901

    $379,000

    • 4 Beds
    • 3 Baths
    • 2,073 Sq Ft
    • 609-611 Hardcastle Way
    • Ketchikan, AK

    Don't miss this well-maintained duplex located in the heart of town! The spacious main unit features 3 bedrooms, 2 bathrooms, a versatile bonus room--perfect for an office, playroom, or guest space--and has been freshly painted inside and out. Enjoy newer flooring and brand-new appliances that make this unit truly move-in ready.The lower-level efficiency unit offers excellent potential forrental

    Sidney Tenpas Coastal Keller Williams Realty Alaska Group

    Section Image
  • 310 Austin St, Ketchikan, AK 99901

    $529,000

    • 3 Beds
    • 2 Baths
    • 1,874 Sq Ft
    • 310 Austin St
    • Ketchikan, AK

    Private deck right off the kitchen. Great natural light and a beautiful, established garden to enjoy. The lower unit has been used in the past as a Bed & Breakfast. Great rental history for this unit. The rental unit is completely remodeled with 1 bedroom and 1 bath. Additional storage in the basement area. Parking is on-street. Very well maintained with attention to details.Private deck

    Marna Cessnun Coastal Keller Williams Realty Alaska Group

    Section Image
  • 2433 4th Ave Unit 2435, Ketchikan, AK 99901

    $545,000

    • 6 Beds
    • 2 Baths
    • 2,132 Sq Ft
    • 2433 4th Ave
    • Unit 2435
    • Ketchikan, AK

    Opportunity is knocking! Don't miss this rare chance to own a versatile in-town duplex offering sweeping ocean views and incredible potential. Each unit boasts over 1,000 sq ft of living space, featuring 3 generous bedrooms, 1 full bathroom, heat pumps, private entrances, and individual decks--perfect for relaxing or entertaining.One unit is almost completely remodeled, showcasing a completely

    Hilary Robbins Coastal Keller Williams Realty Alaska Group

    Section Image

Source: Southeast Alaska MLS

MLS Number: 25620

Southeast Alaska MLS

APN: 01-1314-002700