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1227 Black Bear Road, 
Ketchikan, AK 99901

$499,000


Bed


Bath


2,400

Sq Ft


Multi-Family

Active

Listed by

Michael Elerding

Coastal Keller Williams Realty Alaska Group

907-247-5811

Last updated:

June 27, 2025, 12:08 AM

MLS#

25620

Source:

AK SEAKMLS

About This Home

1227 Black Bear Road

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.

Home Facts

Multi-Family

Built in 1983

Price Summary

499,000

$207 per Sq. Ft.

MLS #:

25620

Last Updated:

June 27, 2025, 12:08 AM

Added:

25 day(s) ago


Rooms & Interior

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$207 per Sq. Ft.

Source:AK SEAKMLS
The information being provided by Southeast Alaska MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Southeast Alaska MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.