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Two-Dwelling Multifamily Property
New
For Sale
$649,000

7981-7983 S Tongass Hwy, Ketchikan, AK 99901

A separate guest residence complements the main home, with interior updates and highway access.

Property Size3,426 SF
Lot Size0.47 Acres
Price / SF$189.43
Days on Market6

Property Features for 7981-7983 S Tongass Hwy

General Information

Standard status Active
Size 3,426 SF
Lot size 0.47 Acres
Property subtype Multi-Family

Units

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

Additional Details

Highway Access Yes

Building Details

Year Built 1991
Buildings 2
Listing Agency: Coastal Realty, Alaska Group
Listed By: Marna Cessnun
Source: Seehomesinalaska
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 21 at 2:26PM

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

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Investment Insights

Based on property information with market context.

This 3,426-square-foot multifamily property on 0.47 acres includes a four-bedroom, two-bath main home and a separate two-bedroom, one-bath guest house. Built in 1991, the main residence has refinished wood kitchen cabinets, a dining area, vaulted living-room ceilings, and a deck with an enclosed section. Its lower level includes a family room with a woodstove, laundry area, and three bedrooms. Recent work includes interior and exterior painting. The guest house has new flooring and a covered front porch.

The property is located on South Tongass Highway with access from the highway. A cleared, level area is also present on the parcel.

Key Highlights

  • 3,426‑square‑foot property on 0.47 acres
  • Main home offers 4 bedrooms and 2 bathrooms; separate guest house has 2 bedrooms and 1 bathroom
  • Main home built in 1991

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

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?
Multifamily property - A separate guest residence complements the main home, with interior updates and highway access.
Where is this multifamily property located?
The property is located at 7981-7983 S Tongass Hwy Ketchikan, AK.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3,426‑square‑foot property on 0.47 acres; Main home offers 4 bedrooms and 2 bathrooms; separate guest house has 2 bedrooms and 1 bathroom; Main home built in 1991
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