207 Washington Street,Ketchikan, AK 99901
Ketchikan, AK 99901
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. 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.
Details
| MLS # | 26-11735 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 17 |
| Listing Provided By | Coastal Realty, Alaska Group | Hilary Robbins |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 6,862 |
| Units | 9 |
| Building(s) | 1 |
| Zoning | RM - Medium Density Residential |
| Acreage | 0.11 |
| Property View | Mountain(s), Ocean |
Interior
| Heating | Electric, See Remarks |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Membrane |
|---|---|
| Construction Materials | Concrete, Wood Frame |
| Foundation Details | Poured Concrete |
| Exterior Sp Finish Co Exterior Sp Finish | Other - See Remarks |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Frontage Type | None |
|---|
Taxes
| Tax Annual Amount | 8019.58 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | L1 B2 of the Heath Addn to the City of Ketchikan USS 1229 |
Area Information
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| School District | Ketchikan |
| Elementary School | Houghtaling |
| High School | Ketchikan |
| Listing VS Median (in 99901) | |
Price: $1,499,000 low | high Med: $475,000 sqft: 6,862 low | high Med: 1,866 $ / sqft: $218 low | high Med: $255 On site: 17 low | high Med: 267.5 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| School District | Ketchikan |
| Elementary School | Houghtaling |
| High School | Ketchikan |
| Listing VS Median (in 99901) | |
Price: $1,499,000 low | high Med: $475,000 sqft: 6,862 low | high Med: 1,866 $ / sqft: $218 low | high Med: $255 On site: 17 low | high Med: 267.5 | |