$519,000

1788 1st Ave Ketchikan, AK 99901

Estimated payment $3,129/month

Total Views 848
-- Bed
-- Bath
2,607 Sq Ft
$199 Price per Sq Ft

Highlights

  • Hot Property
  • Covered Deck
  • Garden
  • Water Views
  • Laundry Room

About This Home

Welcome to 1788 First Avenue, an exceptional two unit property perfectly designed to maximize your rental income. The upper 1,693 SF. unit has been freshly renovated, offering a bright and contemporary living space. This inviting 4 bedroom, 1.5 bathroom unit features new plumbing, electrical, luxury vinyl plank flooring, fresh drywall, paint, and trim, ensuring a low maintenance and modern home. The lower 942 SF. unit, with 2 bedrooms and 2 bathrooms, is a guest favorite. Features a fully equipped modern kitchen and in unit laundry, making it a top choice for vacationers and driving high occupancy rates. This unit has a strong five year history as a successful short term vacation rental. Both units are ideally optimized for short term rentals, or you have the flexible option to live in one unit and rent out the other to help lower your monthly mortgage. The current vacation rental success of the downstairs unit alone can offset a mortgage. Detailed income reports are available to serious buyers, showcasing the property's strong financial performance and untapped potential. Perfect for investors seeking a high yield rental or entrepreneurial buyers looking to offset homeownership costs, 1788 First Ave is a rare find! Contact us today to schedule a showing, review income reports and explore how this property could be your ticket to financial freedom. *disclaimer- rental income projections are based on current performance and market trends, no specific financial outcomes are guaranteed.

Listing Agent

Carmen Toole

Alpine Real Estate Listed on: 08/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1930

Lot Details

  • 4,070 Sq Ft Lot
  • Garden

Property Views

  • Water
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 2,607 Sq Ft Home
  • Vinyl Clad Windows
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 011333004700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,438

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1788 First Avenue
  • Estimated Garage Sq Ft: 234
  • Estimated Lot Sq Ft: 4070
  • Estimated Sq Ft: 2607
  • Assessed Improvement Value: 254300
  • Borough Parcel Number: 011333004700
  • E L E C T R I C H E A T I N G: Wall Unit
  • Geo Address Line: 1788 First Ave
  • Geo Primary City: Ketchikan
  • Geo Quality: 0.95
  • Geo Subdivision: AK
  • Geo Zoom Level: 16
  • Licensee: 874
  • Price per Sq Ft: 199.08
  • Property Zoning: Ketchikan RM
  • Site Disclosure: waiver
  • Sub Condo M H P: Not in a Subdivision
  • Total Assessed Value: 300300
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laminate Flooring
  • Layout: Up & Down
  • Basement Foundation: Poured Concrete
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave
  • Foreclosure: No
  • Laundry: Room
  • Legal Description: LOT 1, BLOCK 8, CHARCOAL ADDITION TO THE CITY OF OF KETCHIKAN, ALASKA, U.S. SURVEY 1378
  • Basement Type: Duplex
  • Windows: Vinyl

Exterior Features

  • Exterior: Stucco
  • Porch/Patio: Open Deck, Covered Deck
  • Roof: Metal
  • View: Town, Water, Mountain
  • Road Maintenance: Public

Utilities

  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Supply: Public Water
  • Electricity: Separate Meters

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: 2025-08-04
  • Estimated Number Acres: 0.09
  • Lot Sq Ft Source: Public Records

Green Features

  • Green Landscaping: Garden Area

Tax Info

  • Assessed Land Value: 46000

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $3,438 $300,300 $46,000 $254,300
2024 $2,986 $263,100 $44,000 $219,100
2023 $2,843 $240,900 $36,700 $204,200
2022 $2,733 $231,600 $36,700 $194,900
2021 $2,623 $222,300 $34,800 $187,500
2020 $2,579 $222,300 $34,800 $187,500
2019 $2,808 $242,100 $34,800 $207,300
2018 $2,774 $239,100 $34,800 $204,300
2017 $2,692 $230,100 $0 $0
2016 $2,675 $228,600 $0 $0
2015 -- $70,200 $0 $0
2014 -- $70,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $519,000 -- $199 / Sq Ft
Source: Southeast Alaska MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $210,000 New Conventional
Closed $67,687 Unknown
Source: Public Records

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See All Homes in Ketchikan

Source: Southeast Alaska MLS

MLS Number: 25742

Southeast Alaska MLS

APN: 01-1333-004700

Alaska Ketchikan Gateway Borough Ketchikan 99901

1788 1st Ave, Ketchikan, AK

This home is located at 1788 1st Ave, Ketchikan, AK 99901 and is currently priced at $519,000, approximately $199 per square foot. This property was built in 1930. 1788 1st Ave is a home located in Ketchikan Gateway Borough with nearby schools including Ketchikan High School, Tongass School of Arts & Sciences Charter School, and Ketchikan Charter School.

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.

Southeast Alaska MLS 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.

Nearby Homes
Listing Agent
Carmen Toole
Section Image
Alpine Real Estate
(907) 220-6529