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Updated 9-Unit Apartment Building

207 Washington Street, Ketchikan, AK 99901

For Sale
$1,499,000
Pending

Updated interiors, individual heat pumps, and separate unit metering support practical multifamily operations.

Property Size5,000 SF
Days on Market65

Property Features for 207 Washington Street

General Information

Standard status Pending
Size 5,000 SF
Property subtype Multi Family

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA, 5 x 1BR/1BA
Multifamily Units 9

Building Details

Building Size 5,000 SF
Year Built 1974
Listing Agency: Coastal Realty, Alaska Group
Listed By: Hilary Robbins
Source: Coastalak
Added: Sep 11 Changed: Oct 31 Last Checked: Nov 12 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Realty, Alaska Group

Rey
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Investment Insights

Based on property information with market context.

This 9-unit apartment building, constructed in 1974, includes four 2-bedroom, 1-bath units and five 1-bedroom, 1-bath units. Unit interiors have received updates, while individual heat pumps and supplemental bedroom electric heat serve each residence. A dedicated boiler supplies the hot water heaters, and upgraded electrical service provides separate metering by unit.

Property improvements include new roof coatings, upgraded decks, and upgraded exterior stairs. The building is on Washington Street in Ketchikan, with downtown amenities and local transit nearby. Water and mountain views are also noted.

Key Highlights

  • 9 total units: four 2‑bed/1‑bath units and five 1‑bed/1‑bath units
  • Individual heat pumps installed in every unit, with supplemental bedroom electric heat
  • Separate unit metering supported by upgraded electrical service

Property Analytics

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Lease Details

9
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Demographics for 99901, AK

13,942
Population
6,659
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
95%
High-School Grad
1,958.9 sq mi
ZIP Area
7
Density / Sq Mi
$89,155
Median Household Income
$49,493
Median Earnings
$1,388
Median Rent
$379,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors, individual heat pumps, and separate unit metering support practical multifamily operations.
Where is this apartment building located?
The property is located at 207 Washington Street Ketchikan, AK.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 9 total units: four 2‑bed/1‑bath units and five 1‑bed/1‑bath units; Individual heat pumps installed in every unit, with supplemental bedroom electric heat; Separate unit metering supported by upgraded electrical service
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