$790,000

1254-1256 Water St Ketchikan, AK 99901

$9,381
Closing credit¹
5 beds
6 full
3,206 sqft
0.09 acres
$246 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size3,206 sqft
Lot size0.09 Acres
Year built2011
MLS #25-1610
Attached garageYes
ViewMountain(s), Ocean

Summary

  • 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

IDXThe 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: 4/12/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a mountain view

$790,000

1254-1256 Water St

$9,381

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,227. The most common annual income of people living in Ketchikan, AK is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
57%
35k-100k
12%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
29%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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 $790,000.

Between February and March 2025, Ketchikan, AK real estate market has seen decrease in the number of listings by 5.7%. The median list price of listings available in March 2025 was $449,500, while the average time on the real estate market was 143 days.

From Rocket Homes Real Estate and based on county public records data.

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