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1227/1229 Black Bear Road Road, 
Ketchikan, AK 99901

$499,000


5

Beds


4

Baths


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, 07:40 PM

MLS#

25-7983

Source:

AK AMLS

About This Home

1227/1229 Black Bear Road 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' deckperfect 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 areaproviding 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 yardideal 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

4 Baths

5 Bedrooms

Built in 1983

Price Summary

499,000

$207 per Sq. Ft.

MLS #:

25-7983

Last Updated:

June 27, 2025, 07:40 PM

Added:

25 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$207 per Sq. Ft.

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The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated July 21, 2025

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