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    Sitka, AK
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    Sitka, AK Multifamily Properties for Sale

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    Iconic Mixed-Use Building in Sitka
    $4,750,000
    30,475 SF

    Iconic Mixed-Use Building in Sitka

    237 Lincoln Street, Sitka, AK 99835

    Eight-story building with apartments and retail in downtown Sitka.

    • Spectacular views of Sitka Sound and Mt. Edgecumbe.
    • Prime downtown Sitka location.
    • Iconic, distinguished eight‑story building.
    • 37 residential units available.
    • Includes 24 one‑bedroom apartments and 12 efficiency units.
    Updated: Oct 4, 2024
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    Iconic Sitka Mixed-Use Property
    $4,750,000
    30,475 SF

    Iconic Sitka Mixed-Use Property

    231 Lincoln St, Sitka, AK 99835

    Eight-story building with apartments and retail in downtown Sitka.

    • Iconic downtown Sitka location with SPECTACULAR views of Sitka Sound and Mt. Edgecumbe.
    • Diverse mix of residential units (24 one‑bedroom, 12 efficiency, 1 penthouse) and four retail spaces.
    • Prime street‑level visibility for retail spaces in a central, bustling location.
    • Located in the Central Business District (CBD), providing easy access to amenities, shopping, and dining.
    • Penthouse features two bedrooms, private laundry, and SPACIOUS living areas.
    Updated: May 17, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sitka, AK, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Southside Anchorage Quadplex For Sale
    $949,000
    5,274 SF

    Southside Anchorage Quadplex For Sale

    Four units, each with two bedrooms and two bathrooms.

    12636 Silver Fox Ln, Anchorage, AK 99515
    View details
    Income-Producing Rental Property
    $351,000
    2,970 SF

    Income-Producing Rental Property

    Property with multiple income streams through short-term and long-term rentals.

    65449 Lingonberry Road, Ninilchik, AK 99639
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    Income-Producing Rental Property
    $351,000
    2,970 SF

    Income-Producing Rental Property

    Property with short-term rental cabins and long-term rental units.

    65449 Lingonberry Rd, Ninilchik, AK 99639
    View details
    Anchorage Retail Investment Opportunity
    $399,000
    5,304 SF

    Anchorage Retail Investment Opportunity

    5,304 SF retail property with three fully occupied units.

    3952 Mountain View Dr, Anchorage, AK 99508
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Port Angeles Land with Mountain Views
    $299,900
    9.90 Acres

    Port Angeles Land with Mountain Views

    Nearly 10 acres in Eden Valley with Olympic Mountain views.

    9999 Sponberg Lane, Port Angeles, WA 98363
    View details
    Land Ready for Development
    $39,000
    0.30 Acres

    Land Ready for Development

    13,000 sq ft lot near state land in Raymond, WA.

    1420 Raymond-South Bend Rd, Raymond, WA 98577
    View details
    RV Lot with Canal Frontage
    $149,000

    RV Lot with Canal Frontage

    Equipped RV lot with canal frontage and beach access.

    30511 I Street, Ocean Park, WA 98640
    View details
    Centralia Commercial Land with Income
    $500,000
    6.50 Acres

    Centralia Commercial Land with Income

    6.5+ acre commercial land with income and development potential.

    1535 S Gold Street, Centralia, WA 98531
    View details

    Sitka, AK Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Sitka, AK on our real estate platform. These investment opportunities span a total of 60,950 square feet of properties for sale, with an estimated market value of $9,500,000.

    Sale prices for multifamily properties in Sitka, AK start at $4,750,000, averaging $4,750,000, and reaching up to $4,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Sitka.

    Top Commercial Asset Segments

    Apartment buildings 2

    Demographics Overview

    Population 8,419
    Population Growth (5Y) -4.0%
    Median Household Income $101,012
    College Educated 23.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Sitka submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    99835 $4.8M

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