#25-3834, Listing office: Coastal Keller Williams Realty Alaska Group
$769,000 List price
1254-1256 Water St Ketchikan, AK 99901
5 beds
6 full
3,206 sqft
0.09 acres
$240 / 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
HeatingBaseboard, Electric, Propane, Separate Meters, Other
StatusActive
Size3,206 sqft
Lot size0.09 Acres
Year built2011
MLS #25-1610
Attached garageYes
ViewMountain(s), Ocean
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: 7/6/2025, 11:40:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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. Typical income of Ketchikan, AK residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically 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 Wrestling
College Football
Figure Skating
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Kia
Buick
What do the neighbors listen to?
New Country
Oldies
Country
All data provided by Home Junction and Claritas
Similar homes for sale
#25-7983, Listing office: Coastal Keller Williams Realty Alaska Group
#25-7964, Listing office: Coastal Keller Williams Realty Alaska Group
Frequently asked questions
About 1254-1256 Water St
The listing price of 1254-1256 Water St property is $769,000.
The property 1254-1256 Water St is a multi located in Ketchikan, Alaska, 99901.
Active Listing: 1254-1256 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1254-1256 Water St are: Tongass School of Arts and Sciences Charter School (GreatSchools Rating 6/10), Houghtaling Elementary School (GreatSchools Rating 3/10), Fawn Mountain Elementary School (GreatSchools Rating 4/10), Ketchikan Charter School (GreatSchools Rating 5/10), Schoenbar Middle School (GreatSchools Rating 3/10), Charles R. Leask Sr. Middle School (GreatSchools Rating 2/10), Ketchikan High School (GreatSchools Rating 6/10), Fast Track (GreatSchools Rating 2/10), Revilla Jr/Sr High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,275 (source: MLS/based on county public records data).
The property 1254-1256 Water St is 3,206 SqFt (source: MLS/tax record).
The year of construction for 1254-1256 Water St is 2011.
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.
In June 2025 in Ketchikan, AK there were equal homes for sale than in May. Listings spent 99 days on the market in June 2025, and had a median list price of $439,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.