Welcome to 1788 First Avenue, an exceptional two unit property perfectly designed to maximize your rental income. The upper 1,693 SF. unit has been freshly renovated, offering a bright and contemporary living space. This inviting 4 bedroom, 1.5 bathroom unit features new plumbing, electrical, luxury vinyl plank flooring, fresh drywall, paint, and trim, ensuring a low maintenance and modern home. The lower 942 SF. unit, with 2 bedrooms and 2 bathrooms, is a guest favorite. Features a fully equipped modern kitchen and in unit laundry, making it a top choice for vacationers and driving high occupancy rates. This unit has a strong five year history as a successful short term vacation rental. Both units are ideally optimized for short term rentals, or you have the flexible option to live in one unit and rent out the other to help lower your monthly mortgage. The current vacation rental success of the downstairs unit alone can offset a mortgage. Detailed income reports are available to serious buyers, showcasing the property's strong financial performance and untapped potential. Perfect for investors seeking a high yield rental or entrepreneurial buyers looking to offset homeownership costs, 1788 First Ave is a rare find! Contact us today to schedule a showing, review income reports and explore how this property could be your ticket to financial freedom. *disclaimer- rental income projections are based on current performance and market trends, no specific financial outcomes are guaranteed.
For sale
$519,000
1788 1st Ave, Ketchikan, AK 99901
6beds
4baths
2,607sqft
Est.:
Duplex
Built in 1930
-- sqft lot
$417,600 Zestimate®
$199/sqft
$-- HOA
What's special
New plumbingFresh drywallFully equipped modern kitchenIn unit laundry
- 4 hours
- on Zillow |
- 187 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
Carmen Toole,
Alpine Real Estate
Source: SEAMLS,MLS#: 25742
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric Wall Unit
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range/Oven, Microwave, Electric Water Heater
- Laundry: Laundry Room
Features
- Flooring: Laminate
- Windows: Vinyl
Interior area
- Total structure area: 2,607
- Total interior livable area: 2,607 sqft
Video & virtual tour
Property
Features
- Patio & porch: Deck, Covered Deck
- Exterior features: Garden
- Has view: Yes
- View description: Mountain(s), Town, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: 011333004700
- Zoning: Ketchikan RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1930
Utilities & green energy
- Electric: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
Location
- Region: Ketchikan
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $300,300
- Annual tax amount: $2,986
- Date on market: 8/4/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
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