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1788 First Avenue, 
Ketchikan, AK 99901

$519,000


Bed


Bath


2,607

Sq Ft


Multi-Family

Active

Listed by

Carmen Toole

Alpine Real Estate

907-225-7777

Last updated:

August 5, 2025, 02:34 PM

MLS#

25742

Source:

AK SEAKMLS

About This Home

1788 First Avenue

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.

Home Facts

Multi-Family

Built in 1930

Price Summary

519,000

$199 per Sq. Ft.

MLS #:

25742

Last Updated:

August 5, 2025, 02:34 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

2,607 Sq. Ft.


Structure

Structure

Building Area:

2,607 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$519,000

Price per Sq. Ft:

$199 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.