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1788 First Avenue
Ketchikan, AK 99901
UNDER
CONTRACT
$519,000
Under Contract
2,607
Sq.Ft.
0.09
Acres
1930
Yr. Built
MLS# 25742
Cumulative Days on Market: 16 (since August 4th, 2025) Data provided by the MLS.

Property Description

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.

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Property Highlights

Status
Under Contract
Price
$ 519,000
Property Type
Duplex
Approx Sq Ft
2,607
Approx. Acres
0.09
Year Built
1930

Location

Subdivision
Not In A Subdivision

Heating, Cooling & Utilities

Features

Appliances
Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave
Interior Features
Laminate Flooring

Building Details

Roofing
Metal

Community

Elementary
Houghtaling
Junior High
Schoenbar
Senior High
Ketchikan H.S.

Taxes & Terms

Terms
Cash, Conventional, FHA, VA
Listed by Carmen Toole, Alpine Real Estate.
Listing Data last updated 08/21/2025 12:20 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 21-Aug-2025 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

9 days ago
Property information last updated
16 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 16 (since August 4th, 2025) Data provided by the MLS.

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The content relating to real estate in this web site comes in part from the Internet Data eXchange (IDX) program of Southeast Alaska. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data and information is usually deemed reliable but is not guaranteed accurate by the MLS. Supplied Open House Information is subject to change without notice. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Broker/Agent may have been included in the MLS data. The Broker/Agent operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All information is subject to change and should be independently verified.
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Listing Data last updated: 08/21/2025 12:20 am
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