Residential Income

Sitka, AK Residential Income Properties for Sale

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Iconic Mixed-Use Building in Sitka
Updated: Aug 22, 2024
Iconic Mixed-Use Building in Sitka

237 Lincoln Street, Sitka, AK 99835

$4,190,000
30,475 sqft
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.
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Iconic Sitka Mixed-Use Property
Updated: May 17, 2024
Iconic Sitka Mixed-Use Property

231 Lincoln St, Sitka, AK 99835

$4,190,000
30,475 sqft · 0.14 AC lot
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.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

Unzoned Industrial Land with Shops
Unzoned Industrial Land with Shops

5747 N Cunningham Road, Palmer, AK 99645

$975,000
2,264 sqft · 9.00 AC lot

Unrestricted, corner industrial land with two working shops, a house, and substantial frontage for flexible expansion.

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Waterfront Multi-Unit Commercial Property
Waterfront Multi-Unit Commercial Property

8229 N Tongass Hwy., Ketchikan, AK 99901

$745,000
0.35 AC lot

Commercially zoned waterfront property offering flexible triplex or four-plex living with income units and outdoor amenities.

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Multi-Family Property with Cabin
Multi-Family Property with Cabin

243 Mattle Road, Ketchikan, AK 99901

$1,100,000
0.67 AC lot

Two separate residences plus a large shop and garage support flexible living, guest stays, or business use.

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Farm Property with Airstrip
Farm Property with Airstrip

5800 N Cunningham Road, Palmer, AK 99645

$1,950,000
5,200 sqft · 43.00 AC lot

Fishhook farmland with an 8,000 SF barn conversion, secondary housing, duplex structures, and an onsite airstrip.

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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.

Wrangell Vacant Land Opportunity
Wrangell Vacant Land Opportunity

Zimovia hwy lot: 3, Wrangell, AK 99929

$399,000
4.65 AC lot

4+ acre Wrangell lot with utilities and development potential.

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Oversized City Lot with Foundation Potential
Oversized City Lot with Foundation Potential

410/412 Deermount Street, Ketchikan, AK 99901

$145,000
0.20 AC lot

City utility access and RM zoning support single- or multi-dwelling development near key civic amenities.

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Anchorage Homesite with Mountain Views
Anchorage Homesite with Mountain Views

L6 Panoramic Circle, Anchorage, AK 99516

$265,000
1.43 AC lot

Exclusive Anchorage homesite with mountain and inlet views.

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Anchorage Land with Panoramic Views
Anchorage Land with Panoramic Views

L7 Panoramic Circle, Anchorage, AK 99516

$285,000
1.26 AC lot

Residential land in Anchorage, AK, with inlet and mountain views.

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Sitka, AK Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 $8,380,000.

Sale prices for residential income properties in Sitka, AK start at $4,190,000, averaging $4,190,000, and reaching up to $4,190,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
99835 $4.8M

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