1788 First Avenue, Ketchikan, AK 99901 (MLS # 25742)
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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.
| DAYS ON MARKET | 27 | LAST UPDATED | 8/11/2025 |
|---|---|---|---|
| TRACT | Not in a Subdivision | YEAR BUILT | 1930 |
| COMMUNITY | KETCHIKAN-IN CITY | COUNTY | Ketchikan Gateway Borough |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Houghtaling |
|---|---|
| Jr. High School | Schoenbar |
| High School | Ketchikan H.S. |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator |
|---|---|
| AREA | KETCHIKAN-IN CITY |
| EXTERIOR | Garden |
| LOT | 3920 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | Not in a Subdivision |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Water |
| WATER | Public |
| ZONING | Ketchikan RM |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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