#25-3834, Listing Office: Coastal Keller Williams Realty Alaska Group
1254-1256 Water St Ketchikan, AK 99901
Property details
About 1254-1256 Water St
Don't miss out on this incredible multi-family opportunity! This property features three thoughtfully designed units: two spacious 2-bedroom, 2-bathroom units, one cozy 1-bedroom, 1-bathroom unit, and a generously sized unfinished space brimming with potential. All units are separately metered, offering ease and independence for tenants. Located within walking distance to downtown Ketchikan on the historic Water Street, this property provides stunning views from every unit, making it an exceptional choice for both vacationers and long-term residents alike. The upper 2-bedroom, 2-bathroom unit offers a private parking deck off Sayles Street, complete with a private entrance, a large laundry/mudroom, and an open-concept living area that seamlessly connects to a walk-out deck showcasing breathtaking panoramic views. The middle 2-bedroom, 2-bathroom unit also boasts a separate entrance, stunning views from its own deck, a spacious open living area, and a private laundry/mudroom. The lower level features a separately metered unfinished space with one bathroom, offering endless possibilities to transform it into something truly special. Next-door, the one-bedroom, one-bathroom unit includes a carport beneath and a private deck, making it a perfect retreat. With a history as both a successful vacation rental and long-term rental, this property offers both comfort and incredible investment potential in a prime location.
Highlights
Summary
- Full Bathrooms: 6
- Flooring Type: Luxury Vinyl Plank, Tile
- Total Bedroom Count: 5
- Attached Garage: Yes
- View: Mountain(s), Ocean
- Heating: Baseboard, Electric, Propane, Separate Meters, Other
- List Price: $769,000
- Price/SqFt: $239
- Annual Tax Amount: $5,275
- Tax Year: 2024
- Directions: Parking on Water Street for lower 2 units. Parking on Sayles for upper unit.
- Year Built: 2011
- Living Area: 3,206 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 25-1610
- MLS Name: Alaska Multiple Listing Service
- Office Name: Coastal Keller Williams Realty Alaska Group
- Office Phone: (907) 247-5811
- Office Email: marywanzer@coastalak.com
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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2025, 12:50:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$769,000
1254-1256 Water St
$9,132
closing credit¹
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $464,800 | $5,275 |
2023 | $428,700 | $5,058 |
2022 | $410,000 | $4,838 |
2021 | $397,000 | $4,684 |
2020 | $396,700 | $- |
2019 | $386,200 | $- |
2018 | $378,900 | $- |
2017 | $363,800 | $- |
History based on county public records data.
Nearby schools
6
Tongass School of Arts and Sciences Charter School
Public Charter PK-6
0.5 mi
•410 Schoenbar Rd
3
Houghtaling Elementary School
Public District PK-6
1.6 mi
•2940 Baranof Ave
4
Fawn Mountain Elementary School
Public District PK-6
3.8 mi
•400 Old Homestead Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,227. Residents of Ketchikan, AK typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 1254-1256 Water St in Ketchikan, AK and zip code 99901. This 3,206 square foot home, which was built in 2011, sits on a 0.09 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $769,000.
Between March and April 2025, Ketchikan, AK real estate market has seen increase in the number of listings by 6.3%. The median list price of listings available in April 2025 was $460,000, while the average time on the real estate market was 135 days.