1254-1256 Water St Ketchikan, AK 99901
Estimated payment $4,535/month
About This Home
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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,685
Year Built
- Built in 2011
Lot Details
- 4,043 Sq Ft Lot
Parking
- Carport
Interior Spaces
- 3,206 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Schools
- Houghtaling Elementary School
- Schoenbar Middle School
- Ketchikan High School
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,685 | $496,500 | $91,700 | $404,800 |
| 2024 | $5,275 | $464,800 | $88,000 | $376,800 |
| 2023 | $5,059 | $428,700 | $79,000 | $349,700 |
| 2022 | $4,838 | $410,000 | $79,000 | $331,000 |
| 2021 | $4,685 | $397,000 | $79,000 | $318,000 |
| 2020 | $4,602 | $396,700 | $79,000 | $317,700 |
| 2019 | $4,480 | $386,200 | $79,000 | $307,200 |
| 2018 | $4,395 | $378,900 | $79,000 | $299,900 |
| 2017 | $4,256 | $363,800 | $0 | $0 |
| 2016 | $4,389 | $375,100 | $0 | $0 |
| 2015 | -- | $328,900 | $0 | $0 |
| 2014 | -- | $329,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Price Changed | $769,000 | -2.7% | $240 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $790,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Aetia |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $86,400 | Commercial |
Source: Southeast Alaska MLS
MLS Number: 25103
APN: 01-1341-006500
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Disclaimer: All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings
displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumer’s personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.
- 636 Water St
- 118 Elliot St
- 1738 First Ave
- 1770-1772 2nd Ave
- 1770 2nd Ave
- 1788 1st Ave
- 1227 Black Bear Rd Unit 1229
- 764-766 Forest Ave
- 2030 2nd Ave
- 119 Austin St Unit 1107
- 119 Austin St Unit 906
- L31 Legal Address Only
- L8 B2 Gravina Island
- 310 Austin St Unit A/B
- 310 Austin St
- Lot 7 2nd Ave
- Lot 8 2nd Ave
- 707 Harris St
- 320 Bawden St
- 320 Bawden St Unit 718