A rare opportunity awaits at this prime downtown Ketchikan property, offering five rental units across two well-maintained buildings with stunning views of the Narrows. Whether you're an investor looking to expand your portfolio or searching for an owner-occupy opportunity with rental income, this turnkey property delivers strong cash flow and immediate returns. Building 1 features three2BR/1BA units, each with bright natural light, beautifully renovated kitchens, and upscale finishes like granite, quartz, and tile. Building 2 has a spacious 4BR/3BA unit above a 1BR/1BA unit, providing versatility for long-term or short-term rental options. Designed for low-maintenance, high-yield investment, the property includes monitor & electric heating, on-demand propane hot water, separate electric meters, and a coin-op laundry for added revenue. With private entrances for each unit and an unbeatable downtown location, this high-demand rental property generates consistent cash flow, making it a smart addition to any portfolio. Opportunities like this don't last long schedule your private tour today and start maximizing your investment!
Sold
Price Unknown
634/638 Grant St, Ketchikan, AK 99901
11beds
7,100sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 12:05pm
Listed by:
Mary Wanzer,
Coastal Keller Williams Realty Alaska Group
Bought with:
Christina Zaugg
Real Broker, LLC Juneau Home Group
Source: AKMLS,MLS#: 25-1167

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Electric, Floor Furnace
Appliances
- Laundry: Common Area
Features
- Has basement: No
Interior area
- Total structure area: 7,100
- Total interior livable area: 7,100 sqft
Property
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: No Access, None
Lot
- Size: 5,227 sqft
Details
- Parcel number: 011424005900
- Zoning: RH
- Zoning description: High Density Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ketchikan