$400,000

2318-2320 1st Ave Unit 2320 First Avenue Ketchikan, AK 99901

Estimated payment $2,373/month

-- Bed
-- Bath
1,664 Sq Ft
$240 Price per Sq Ft

Highlights

  • Water Views
  • Wood Flooring
  • Open Patio

About This Home

Income-Production Duplex in convient in city location! Take advantage of this exceptional opportunity to own a versatile 1955 duplex in the heart of Ketchikan. The spacious upper unit offers 3 bedrooms, 1 full bathroom and 1.75 bathroom, offering bright living spaces, large windows, and comfortable layout perfect for owner occupancy. The lower unit includes a small 1 bedroom, 1 bathroom setup- ideal for steady rental income or as a private space for guests. With its in-town location, you'll enjoy quick access to schools, shopping, medical services, and everything Ketchikan has to offer. Street parking keeps the lot simple low maintenance, while the property itself offers outstanding potential for updates, customization, or long-term investement growth. Whether you're seeking a home with additional income or a strong performing rental property, this duplex delivers flexibility, value, and opportunity in a desirable city setting. Contact us to set up a private showing today!

Listing Agent

Jennifer Marrs

Gateway City Realty, Inc. Listed on: 12/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1955

Property Views

  • Water
  • Mountain

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Wood Flooring
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Schools

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

Additional Features

  • Open Patio
  • 5,000 Sq Ft Lot
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 011244000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,204

Year Built

Built in 1955

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 2318 First Avenue
  • Estimated Lot Sq Ft: 5000
  • Estimated Sq Ft: 1664
  • Assessed Improvement Value: 227100
  • Borough Parcel Number: 011244000300
  • Geo Address Line: 2318 First Ave
  • Geo Primary City: Ketchikan
  • Geo Quality: 0.95
  • Geo Subdivision: AK
  • Licensee: 606
  • Price per Sq Ft: 240.38
  • Property Zoning: Ketchikan RM
  • Site Disclosure: Yes
  • Building Style: Two Story
  • Sub Condo M H P: Not in a Subdivision
  • Total Assessed Value: 279800
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Windows Treatments: None Stay, None
  • Interior Amenities: Hardwood Floors, Smoke Detector
  • Layout: Up & Down
  • Appliances: Dishwasher, Refrigerator, Elec. Range/Oven, Ring Hood-ReCir
  • Foreclosure: No
  • Laundry: Basement
  • Legal Description: USS 1229 2 LOT 3 HEATH ADDITION
  • Basement Type: Duplex
  • Windows: Vinyl

Exterior Features

  • Exterior: 1142
  • Exterior Amenities: Paved Street
  • Porch/Patio: Open Patio
  • Roof: Shingle
  • View: Town, Water, Mountain
  • Road Maintenance: Public

Utilities

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

Condo/Co-op/Association

  • Units in Building: 2

Fee Information

  • Tax Class: MULTIFAMILY

Schools

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

Lot Info

  • Estimated Lot Dimensions: .1148
  • Estimated Number Acres: 0.11
  • Lot Sq Ft Source: Public Records

Tax Info

  • Assessed Land Value: 52700

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $3,204 $279,800 $52,700 $227,100
2024 $2,978 $262,400 $50,200 $212,200
2023 $2,854 $241,900 $42,500 $199,400
2022 $2,747 $232,800 $42,500 $190,300
2021 $2,635 $223,300 $40,200 $183,100
2020 $2,590 $223,300 $40,200 $183,100
2019 $2,495 $215,100 $40,200 $174,900
2018 $2,457 $211,800 $40,200 $171,600
2017 $2,397 $204,900 $0 $0
2016 $2,332 $199,300 $0 $0
2015 -- $201,900 $0 $0
2014 -- $201,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2025 12/24/25 For Sale $400,000 -- $240 / Sq Ft
Source: Southeast Alaska MLS

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $311,539 FHA
Previous Owner $154,000 Commercial
Source: Public Records

Source: Southeast Alaska MLS

MLS Number: 26030

Southeast Alaska MLS

APN: 01-1244-000300

Alaska Ketchikan Gateway Borough Ketchikan 99901

2318-2320 1st Ave Unit 2320 First Avenue, Ketchikan, AK

For Sale

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
Jennifer Marrs
Listing Agent
Jennifer Marrs
Section Image
Gateway City Realty, Inc.
(907) 254-2557