$995,000
SOLD MAY 16, 2025
Last list price

634/638 Grant St Ketchikan, AK 99901

11 Beds
7 Baths
7,100 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

15 Days on Market

Highlights

  • Ocean View
  • Heating Available
  • 1-minute walk to Grant Street Playground

About This Home

As of May 2025

A rare opportunity awaits at this prime downtown Ketchikan property, offering five rental units across two well-maintained buildings with stunning views of the Narrows. Whether you're an investor looking to expand your portfolio or searching for an owner-occupy opportunity with rental income, this turnkey property delivers strong cash flow and immediate returns. Building 1 features three2BR/1BA units, each with bright natural light, beautifully renovated kitchens, and upscale finishes like granite, quartz, and tile. Building 2 has a spacious 4BR/3BA unit above a 1BR/1BA unit, providing versatility for long-term or short-term rental options.Designed for low-maintenance, high-yield investment, the property includes monitor & electric heating, on-demand propane hot water, separate electric meters, and a coin-op laundry for added revenue. With private entrances for each unit and an unbeatable downtown location, this high-demand rental property generates consistent cash flow, making it a smart addition to any portfolio.Opportunities like this don't last longschedule your private tour today and start maximizing your investment!

Last Agent to Sell the Property

Mary Wanzer

Coastal Keller Williams Realty Alaska Group License #15317 Listed on: 02/06/2025

Coastal Keller Williams Realty Alaska Group

Last Buyer's Agent

Christina Zaugg

Real Broker, LLC Juneau Home Group License #109442

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,031

Year Built

  • Built in 1940

Home Design

  • Side-by-Side
  • Shingle Roof

Interior Spaces

  • 7,100 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Buildings
  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,031

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: .
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Side by Side, Up and Down
  • Year Built: 1940
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 7
  • Total Bedrooms: 11
  • Living Area: 7100

Exterior Features

  • View: Ocean
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Shingle

Utilities

  • Laundry Features: Common Area
  • Heating: Electric, Floor Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5227.2
  • Mobile Dim Units: Feet
  • Zoning Description: High Density Residential
  • Zoning: RH
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 5031
  • Tax Map Number: N/A
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2004
Sold by
May Nevin
Bought by
Bolshakoff Mary
Current Estimated Value
$840,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,900
Outstanding Balance
$135,238
Interest Rate
5.57%
Mortgage Type
Seller Take Back
Estimated Equity
$705,262
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,900 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold -- -- --
05/07/2025 05/07/25 For Sale $995,000 0.0% $140 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $995,000 -- $140 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

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 $5,092 $444,700 $83,300 $361,400
2024 $4,840 $426,400 $80,100 $346,300
2023 $4,630 $392,400 $66,700 $325,700
2022 $4,630 $392,400 $66,700 $325,700
2021 $4,630 $392,400 $66,700 $325,700
2020 $4,552 $392,400 $66,700 $325,700
2019 $4,570 $394,000 $66,700 $327,300
2018 $4,481 $386,300 $66,700 $319,600
2017 $4,507 $385,200 $0 $0
2016 $4,379 $374,300 $0 $0
2015 -- $364,000 $0 $0
2014 -- $369,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-1167

Alaska Multiple Listing Service

APN: 01-1424-005900