Welcome to a unique investment opportunity on Black Bear Road--an up/down duplex situated on a rare double city lot totaling over 10,000 square feet. With its expansive footprint and corner-lot positioning, this property offers an exceptional combination of living space, rental income, storage, and off-street parking--all in a highly desirable location.Each of the two units spans approximately 1,200 square feet. The upper unit features 3 bedrooms, 1.5 baths, and a bright living room that opens onto a large 12' x 24' deck perfect for enjoying Ketchikan's long summer evenings. It's heated with a reliable Toyo oil stove and includes an in-unit washer and dryer. The lower unit offers 2 bedrooms and 1.5 baths, with its own washer and dryer and a covered deck just off the kitchen and dining area providing a cozy outdoor retreat rain or shine. Both units have a strong rental history and are currently occupied by dependable tenants, making this property a solid income generator from day one. Recent updates make this home even more appealing: the roof, siding, windows, and exterior doors have all been recently replaced, enhancing the property's curb appeal, energy efficiency, and long-term durability. What truly sets this property apart is the lot itself. With over 10,000 square feet, you'll have room to spare for parking, boats, or ATVs. Two off-street parking spaces sit in front of the home, with even more space along the side yard ideal for tenants or owners with gear to store. A 16' x 24' detached metal building adds incredible value, with a 10' wide by 8' tall overhead door that accommodates large trucks or offers secure indoor storage for your boat or workspace needs. And the location? Just a short walk to the Ketchikan Recreation Center and community pool, and within walking distance of downtown, shops, and services. Whether you're looking for an investment property or a flexible live/rent opportunity, this Black Bear Road duplex checks all the boxes for value, convenience, and potential.
For sale
$499,000
1227 Black Bear Rd, Ketchikan, AK 99901
6beds
2,400sqft
Est.:
Duplex
Built in 1983
-- sqft lot
$490,000 Zestimate®
$208/sqft
$-- HOA
What's special
- 46 days
- on Zillow |
- 353 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 12:27pm
Listed by:
Michael Elerding,
Coastal Keller Williams Realty Alaska Group
Source: AKMLS,MLS#: 25-7983

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Baseboard, Floor Furnace
Features
- Has basement: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Waterfront features: No Access, None
Lot
- Size: 10,454.4 Square Feet
Details
- Parcel number: 011314002700
- Zoning: RM
- Zoning description: Medium Density Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1983
- Major remodel year: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ketchikan
Financial & listing details
- Price per square foot: $208/sqft
- Annual tax amount: $3,400
- Date on market: 6/26/2025
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