$1,499,000
Ketchikan, AK 99901
MLS# 26-11735
13 beds | 9 baths | 6862 sqft
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Property Description
Prime Investment Opportunity: Updated 9-Plex in Central Ketchikan: Turnkey multi-family portfolio addition featuring strong rental history, water & mountain views, separate metering, flexible purchasing terms, and substantial high-value capital improvements already completed. Positioned in a high-demand central location, this 9-unit property offers immediate cash flow.
Details
Maps
Documents
Contract Info
Price-List: 1499000
Date-Listing: 2026-09-10
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 13
Bathrooms Full: 9
Bathrooms Total: 9
Bldgs-Ttl #: 1
Year Built: 1974
SF-Res: 6862
Number of Units: 9
SF-Lot: 5000
Acres: 0.11
Prkg Spcs: 9
Lot Area Source: Tax Authority
Zoning: RM - Medium Density Residential
Directions and Remarks
Directions: Located on Washington Street
Location Tax and Legal
Area: 565 - Ketchikan Gateway Borough - All
Street #: 207
Street Name: Washington Street
Arterial: Street
Closest USPS Town: Ketchikan
State: AK
Zip Code: 99901
Property Features
Multi-Family Type: Multi Family
Exterior Finish: Other - See Remarks
Roof Type: Membrane
Foundation Type: Poured Concrete
Construction Type: Concrete; Wood Frame
Garage Type: None
Carport Type: None
Heating: Electric; See Remarks
Sewer-Type: Public Sewer
Water Source: Public
View Type: Mountains; Ocean
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: Ocean
Features-MultiFamily: In City Limits; Washer/Dryer
Listing Terms Financing: Owner Finance
Supplements
Unit Breakdown: 9 total units (four 2-bed/1-bath units and five 1-bed/1-bath units).
Flexible Purchase Terms: Owner financing available with attractive terms for qualified buyers-inquire for details.
Heating Systems: Individual heat pumps installed in every unit, supplemented by bedroom electric heat; dedicated new boiler powering hot water heaters.
Separated Utilities: Upgraded electrical service with individual unit metering.
Exterior Upgrades: Newly applied roof coatings, along with upgraded decks, and exterior stairs.
Interior & Finishes: Many updates to unit interiors, offering clean, low-maintenance finishes for easy tenant turnover.
Centrally located on Washington Street with immediate proximity to downtown amenities and local transit. An ideal acquisition for investors in the Ketchikan market. Call today to schedule your private tour.
Property Upgrades 
IDX
Listing Office: Coastal Realty, Alaska Group
Last Updated: September - 11 - 2026
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 the site owner are marked with 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. Site contains live data.