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.
Multi-familyProperty Type
1974Year Built
5,000 sq ftLot Size
$218Price/Sq.Ft.
9 spacesParking
Listed by Hilary Robbins• Coastal Realty, Alaska Group
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.
AKMLS #26-11735
Sep 9, 2026
Listed
$1,499,000
$218/sq ft
Public Records
Oct 15, 2023
Sold
—
SEAMLS #23607
Oct 16, 2023
Sold
—
Aug 2, 2023
Listed
$950,000
$138/sq ft
Multiply family residence apt. building high rise investment property for sale. Great income, (4) 2 bedroom and (5) one bedroom units. Coin-op Laundry on site. Off Street parking for each unit. All units have a deck with water view.
Year
Property tax
Land + Additions
Assessment*
2026
$8,020 (+1.9%)
$121,900 + $578,500
$700,400
2025
$7,870 (+5.1%)
$121,900 + $578,500
$700,400
2024
$7,490 (+6.7%)
$112,400 + $574,900
$687,300
2023
$7,020
$109,600 + $550,300
$659,900
2022
$7,020 (+0.4%)
$86,500 + $508,400
$594,900
2021
$6,989 (+1.7%)
$86,500 + $508,400
$594,900
2020
$6,871 (+1.6%)
$83,900 + $508,400
$592,300
2019
$6,762 (+2.1%)
$83,900 + $508,400
$592,300
2018
$6,620 (−1.3%)
$83,900 + $499,000
$582,900
2017
$6,708 (−0.2%)
$83,900 + $489,400
$573,300
2016
$6,718 (+10.0%)
$83,900 + $489,400
$573,300
2015
$6,108 (−5.3%)
$83,900 + $490,300
$574,200
2013
$6,450
$67,500 + $483,800
$551,300
Public record
Beds
—
Baths
10
Stories
3.5
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
7,678
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,678
Year built
1974
Style
Multi-Family (5+ Unit)
County
Ketchikan Gateway Borough
APN
011244000100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Ketchikan, AK • 99901
Average low and high temperatures (°F)
36
30
34
27
37
29
44
35
48
40
55
45
58
48
60
50
54
46
45
38
38
31
35
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
2.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 207 Washington St
There isn’t enough information to generate an accurate estimate at this time. Learn More