RENTED DEC 2, 2025

402 Madison St Unit 1 Ketchikan, AK 99901

Ketchikan Area

Estimated Value: $529,000 - $626,000

2 Beds
1 Bath
850 Sq Ft
$672/Sq Ft Est. Value

Highlights

  • Ocean View
  • Baseboard Heating
  • Carpet

About This Home

As of December 2025

Presenting a delightful 2-bedroom, 1-bath apartment located on the lower level of a historic 4-plex. Convenient location near shopping, schools and bus line. Nice water views and very well kept. Rent includes heat, tenant pays all other utilities. Non-smoking unit and no pets are allowed.

Last Agent to Rent the Property

Mary Wanzer

Coastal Realty, Alaska Group License #15317 Listed on: 11/05/2025

Coastal Realty, Alaska Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 4,792

Parking

  • Open Parking

Home Design

  • Property Attached

Interior Spaces

  • 850 Sq Ft Home
  • Carpet
  • Ocean Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 4,792 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 12/1/25
  • Tenant pays for cable TV, electricity, internet, sewer, trash collection, water
  • The owner pays for propane/oil
  • 12 Month Lease Term

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

4,792 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Internet, Sewer, Trash Collection, Water
  • Available Date: 2025-12-01

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.11
  • Directions: 402 Madison #4
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Owner Pays: Propane/Oil
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 850

Exterior Features

  • Lot Features: City Lot
  • View: Ocean
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Laundry Features: In Unit
  • Heating: Baseboard, Oil
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Schools

  • Elementary School: Houghtaling
  • High School: Ketchikan
  • Middle Or Junior School: Schoenbar

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4791.6
  • Mobile Dim Units: Feet
  • Zoning Description: Medium Density Residential
  • Zoning: RM

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 1980
Sold by
Bought by
Current Estimated Value
$571,000
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Rented $1,550 0.0% --
11/05/2025 11/05/25 For Rent $1,550 0.0% --
12/01/2024 12/01/24 Rented $1,550 0.0% --
10/01/2024 10/01/24 For Rent $1,550 +34.8% --
06/09/2023 06/09/23 Rented $1,150 -25.8% --
06/02/2023 06/02/23 For Rent $1,550 +6.2% --
06/08/2022 06/08/22 Rented $1,460 -6.4% --
06/02/2022 06/02/22 For Rent $1,560 +42.5% --
10/26/2020 10/26/20 Rented -- -- --
10/26/2020 10/26/20 Under Contract -- -- --
09/28/2020 09/28/20 For Rent $1,095 0.0% --
09/11/2020 09/11/20 Rented -- -- --
09/11/2020 09/11/20 Under Contract -- -- --
07/24/2020 07/24/20 For Rent $1,095 -- --
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,367 $381,400 $91,000 $290,400
2025 $4,275 $373,400 $85,300 $288,100
2024 $4,049 $356,700 $81,300 $275,400
2023 $3,859 $327,000 $72,200 $254,800
2022 $3,859 $327,000 $72,200 $254,800
2021 $3,824 $324,100 $69,300 $254,800
2020 $3,760 $324,100 $69,300 $254,800
2019 $3,783 $326,100 $69,300 $256,800
2018 $3,736 $322,100 $69,300 $252,800
2017 $3,711 $317,200 $0 $0
2016 $3,678 $314,400 $0 $0
2015 -- $266,600 $0 $0
2014 -- $266,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Wanzer Real Estate Agent - Coastal Realty, Alaska Group

    Landlord's Agent in 2025

    Mary Wanzer

    Coastal Realty, Alaska Group

    (907) 617-0196

    137 Total Sales

    Mary Wanzer
    Section Image
  • Andy Cummings Real Estate Agent - Alaska Statewide Realty Company - Ketchikan

    Seller's Agent in 2022

    Andy Cummings

    Alaska Statewide Realty Company - Ketchikan

    (907) 617-1999

    31 Total Sales

    Andy Cummings
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member FSBO/Other

    Non-Member Office

  • E

    Seller's Agent in 2020

    Elizabeth Martinez

    Coastal Realty, Alaska Group

    Section Image

  • A

    Buyer's Agent in 2020

    Andrew Cummings

    Coastal Real Estate Group

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 25-13832

Alaska Multiple Listing Service

APN: 01-1242-004000

Alaska Ketchikan Gateway Borough Ketchikan 99901

402 Madison St Unit 1, Ketchikan, AK

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Alaska Multiple Listing Service 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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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