634/638 Grant Street Ketchikan AK 99901

$ 995,000.00

A rare opportunity awaits at this prime downtown Ketchikan property, offering five rental units across two well-maintained buildings with stunning views of the Narrows. Whether you’re an investor looking to expand your portfolio or searching for an owner-occupy opportunity with rental income, this turnkey property delivers strong cash flow and immediate returns. Building 1 features three 2BR/1BA units, each with bright natural light, beautifully renovated kitchens, and upscale finishes like granite, quartz, and tile. Building 2 has a spacious 4BR/3BA unit above a 1BR/1BA unit, providing versatility for long-term or short-term rental options. Designed for low-maintenance, high-yield investment, the property includes monitor & electric heating, on-demand propane hot water, separate electric meters, and a coin-op laundry for added revenue. With private entrances for each unit and an unbeatable downtown location, this high-demand rental property generates consistent cash flow, making it a smart addition to any portfolio. Opportunities like this don’t last long—schedule your private tour today and start maximizing your investment!

Basic Facts

MLS #: 25068 Date added: 02/25/25 Post Updated: 2025-02-25 23:58:28 Type:
Status: Area: 7100 sq ft Lot size: 5077 sq ft Year built: 1940

Rooms & Units Description

# of Units: 5
Unit 1 # of Bedrooms: 2
Unit 1 # of Bathrooms: 1
Unit 2 # of Bedrooms: 2
Unit 2 # of Bathrooms: 1
Unit 3 # of Bedrooms: 2
Unit 3 # of Bathrooms: 1
Unit 4 # of Bedrooms: 4
Unit 4 # of Bathrooms: 3
Unit 5 # of Bedrooms: 1
Unit 5 # of Bathrooms: 1

View on map / Neighborhood

Location Details

Elementary School: Houghtaling
Middle School: Schoenbar
High School: Ketchikan H.S.
Location/Area: KETCHIKAN-IN CITY
Property Zoning: Ketchikan-RH

Property Details

Approx. # Acres: 0.11
Price Per SQFT: 140.14
Sub/Condo/MHP: Not in a Subdivision
Sale/Rent: For Sale
Short Sale: No
Foreclosure: No

Property Features

ROOF: Shingle
ELECTRIC HEATING: Wall Unit
OIL HEATING: Monitor Type
WATER SUPPLY: Public Water
SEWER: Public Sewer
LAUNDRY: Basement,Coin Operated

Miscellaneous

Total Assessed Value: 426400
Assessed Value: Buildings: 346300
Assessed Value: Land: 80100

Courtesy of

Office Name: Coastal Keller Williams Realty Alaska Group

Disclaimer

All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.

This style property is located in Ketchikan is currently and has been listed on Homes In Juneau. This property is listed at $ 995,000.00. It has bedrooms, bathrooms, and is 7100 sq ft. The property was built in 1940 year.

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