634/638 Grant Street, Ketchikan, AK 99901 (MLS# 25-1167)

634/638 Grant Street, Ketchikan, AK 99901

$995,000

Property Type: Multi-Family Bedrooms: 11 Baths: 7 Square Footage: 7,100 Lot Size (sq. ft.): 5,077 Status: Closed

Current Price: $995,000 Last Modified: 5/27/2025

Overview

Description

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

Supplements: 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 & elect ... (Read more)

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Listing Details MLS# 25-1167

Contract Info

Price-List: 995000
Date-Listing: 2025-02-06
Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2025-02-15
Date-Closing: 2025-05-16

Location Tax and Legal

Area: 565 - Ketchikan Gateway Borough - All
Street #: 634/638
Street Name: Grant
Arterial: Street
Closest USPS Town: Ketchikan
State: AK
Zip Code: 99901

Property Info

Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 11
Bathrooms Full: 7
Bathrooms Total: 7
Bldgs-Ttl #: 2
Year Built: 1940
SF-Res: 7100
Number of Units: 5
SF-Lot: 5077
Acres: 0.12
Lot Area Source: Tax Authority
Zoning: RH - High Density Residential
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 0

Directions and Remarks

Directions: .

Location, Tax and Legal

Region: 2 - Southeast Alaska Region
Borough/Census Area: 2C - Ketchikan Gateway Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: L1 BE SCHOENBAR ADDN, ACCORDING TO PLAT MADE BY JOSEPH ULMER, C.E., dated 4/15/1921
Taxes (Estimated): 5031
Tax Year: 2025
School-Elementary: Houghtaling
School-Middle: Schoenbar
School-High: Ketchikan
Assessed Value: 426400

More Information

Multi-Family Type

Side by Side: Yes
Up and Down: Yes
Multi Family: Yes

Heating

Electric: Yes
Floor Furnace: Yes

Roof Type

Shingle: Yes

Foundation Type

Poured Concrete: Yes

View Type

Ocean: Yes

Wtrfrnt-Access Near

None: Yes

Wtrfrnt-Frontage

None: Yes

Sewer-Type

Public Sewer: Yes

Water Source

Public: Yes

Features-MultiFamily

Laundry Facility: Yes

Property Features

Multi-Family Type: Side by Side; Up and Down; Multi Family Roof Type: Shingle Foundation Type: Poured Concrete Heating: Electric; Floor Furnace Sewer-Type: Public Sewer Water Source: Public View Type: Ocean Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Laundry Facility

Documents

Tax ›

Electric 634 Building ›

Electric 638 Building ›

Oil consumption ›

Propane consumption ›

LBP ›

IDX

Listing Office: Coastal Realty, Alaska Group

Last Updated: May - 27 - 2025

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.