As of 09 April 2020, the least expensive condo for sale in Ketchikan, Alaska has a listing price of $29,950. This 347 sq. ft studio apartment is located in the Mary Frances Building at 320 Bawden Street. This is right next to Ketchikan tourist areas and right across the street from one of Ketchikan’s newest breweries. This studio is listed with Bill Bolling of Gateway City Realty here in Ketchikan. The studio does have monthly HOA fees of $396 a month. Included in your HOA fees is heat, hot water, snow removal, sewer/water, trash service, lawn service, insurance, and building maintenance.
You could buy this condo and with the mortgage and HOA fees combined, you would still be paying less a month than you would be for rent at a lot of places here in town. Owning a condo this close to downtown would be great even if you are only here for a short time. You will be close to a lot of amenities like restaurants, entertainment, bars, work, the water, and public transportation. Plus, you could rent it out and generate some cash flow in the future.
If you have any questions, give me a call and we can discuss your options.