1254-1256 Water Street, Ketchikan, AK

$769,000

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5

Beds

6

Baths

3,206

Square feet

0.09

Acres

About 1254-1256 Water Street

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.

Features of 1254-1256 Water Street

MLS® # 25-1610
Price $769,000
Bedrooms 5
Bathrooms 6.00
Full Baths 6
Square Footage 3,206
Acres 0.09
Year Built 2011
Type Multi-Family
Sub-Type Tri-Plex, Other - See Remarks3
Status Active

Community Information

Address 1254-1256 Water Street
Area 565 - Ketchikan Gateway Borough - All
Subdivision ALL AND ENTIRE L3 B3 U. S. SURVEY 437, KETCHIKAN RECORDING DISTRICT, FIRST JUDICIAL DISTRICT
City Ketchikan
State AK
Zip Code 99901

Amenities

Parking Spaces 3
Parking None
View Mountains, Ocean
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Metal, Composition, Shingle
Construction Wood Frame
Foundation Poured Concrete, Post on Pad

School Information

Elementary Houghtaling
Middle Schoenbar
High Ketchikan

Additional Information

Date Listed February 18th, 2025
Days on Market 65
Zoning RM - Medium Density Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCoastal Keller Williams Realty Alaska Group

Listing Map

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