1254-1256 Water St Ketchikan, AK 99901
Estimated payment $4,630/month
Highlights
- Ocean View
- Tile Flooring
- Washer and Dryer
- Property has ocean access
- Baseboard Heating
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.
Listing Agent
Coastal Keller Williams Realty Alaska Group License #113541 Listed on: 02/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,275
Year Built
- Built in 2011
Home Design
- Triplex
- Pillar, Post or Pier Foundation
- Shingle Roof
- Composition Roof
- Metal Roof
Interior Spaces
- 3,206 Sq Ft Home
- Ocean Views
- Fire and Smoke Detector
- Washer and Dryer
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Full Bathrooms
Parking
- 3 Parking Spaces
- 1 Carport Space
- Tuck Under Parking
Schools
- Houghtaling Elementary School
- Schoenbar Middle School
- Ketchikan High School
Additional Features
- Property has ocean access
- 3,920 Sq Ft Lot
- Baseboard Heating
Community Details
- 2 Buildings
- 3 Units
- Built by Jeff Updike
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: Alaska Multiple Listing Service
MLS Number: 25-1610
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.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
- 636 Water St
- 118 Elliot St
- 1738 First Ave
- 1770-1772 2nd Ave
- 1770 2nd Ave
- 1788 1st Ave
- 410 Cedar St
- 1227 Black Bear Rd Unit 1229
- 764-766 Forest Ave
- 2030 2nd Ave
- 306 Front St Unit 10, Stedman Con
- 2122 1st Ave
- 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
- 874 Brown Deer Rd