5581 N Tongass Hwy Ketchikan, AK 99901
Estimated payment $8,480/month
Highlights
- Ocean View
- Waterfront
- Attached Carport
- Property has ocean access
- 1 Car Attached Garage
- Baseboard Heating
About This Home
A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 feet of waterfrontage and 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove--both home to cruise ship berths--the site providesexceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage. 5581 N. Tongass is also a duplex, built in 1975 that includes a 3BR/2.5BA upper unit a a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market.
Listing Agent
Coastal Keller Williams Realty Alaska Group License #15317 Listed on: 12/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,881
Year Built
- Built in 1975
Lot Details
- 2 Acre Lot
- Waterfront
Parking
- 1 Car Attached Garage
- Attached Carport
Home Design
- Fixer Upper
- Metal Roof
Interior Spaces
- 4,938 Sq Ft Home
- Ocean Views
- Washer and Dryer
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Property has ocean access
Schools
- Point Higgins Elementary School
- Schoenbar Middle School
- Ketchikan High School
Utilities
- Baseboard Heating
- Cistern
- Septic Tank
Community Details
- 2 Buildings
- 4 Units
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 | $9,105 | $795,200 | $371,200 | $424,000 |
| 2024 | $8,711 | $767,500 | $354,200 | $413,300 |
| 2023 | $6,586 | $708,100 | $329,200 | $378,900 |
| 2022 | $6,384 | $541,000 | $541,000 | $0 |
| 2021 | $6,183 | $524,000 | $524,000 | $0 |
| 2020 | $6,078 | $524,000 | $0 | $0 |
| 2019 | $6,031 | $519,900 | $0 | $0 |
| 2018 | $5,952 | $513,100 | $0 | $0 |
| 2017 | $5,822 | $497,600 | $0 | $0 |
| 2016 | $5,300 | $453,000 | $0 | $0 |
| 2015 | -- | $420,200 | $0 | $0 |
| 2014 | -- | $420,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $1,460,000 | -- | $296 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Alaska Multiple Listing Service
MLS Number: 25-14549
APN: 01-3230-049000
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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.
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