About This Home

This 5-bedroom, 3-bathroom residential multi family at 204 W 4th Avenue in Nome, AK is listed for $485,000. Built in 1977, on a 0.16 acres lot.

Key Features

  • Built in 1977
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
3 full
1977

Amenities

Hardwood
Listing Description

Welcome to 204 W 4th Avenue & 206 W Tobuk Alley - a one-of-a-kind triplex offering three income-producing units, standout architectural character, and a location that tenants love. Just one block from grocery shopping and popular dining options, this property practically markets itself and is an exceptional addition to any investment portfolio.

The Front Building | 2-Bedroom + Loft The crown jewel of the property, this spacious unit offers an open, versatile floor plan with a loft that adds both square footage and visual interest. The standout feature? A walk-in closet with a nook built into the bell tower - a truly unique detail that gives this unit the kind of charm and personality that keeps quality tenants coming back.

This is not your average rental space. The Middle Unit | Studio Efficiently laid out and easy to rent, the studio unit is a smart addition to the property's income mix. Perfect for a single professional or student, it offers a low-maintenance option that helps maximize overall cash flow.

206 W Tobuk Alley | 2-Bedroom Tucked along Tobuk Alley, this second large 2-bedroom unit adds serious value and flexibility to the overall property. With its own separate entrance and address, it offers privacy and independence that tenants appreciate.

Why This Property Stands Out Three units with diverse layouts appeal to a wide tenant pool Exceptional walkability - groceries and dining just one block away Distinctive architectural details including the bell tower add lasting rental appeal Flexible setup works for owner-occupants or pure investment Strong foundation for consistent, long-term ren

tal income Whether you're a seasoned investor looking to expand your portfolio or a buyer ready to step into ownership with built-in income, 204 W 4th Avenue & 206 W Tobuk Alley delivers on every front - character, cash flow, and convenience.

Monthly Cost Estimate

$2,594/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,102
Insurance$141

Estimates only. Actual payments may vary.

Location

204 W 4th Avenue

Nome, AK 99762

Property Details

Flooring

Hardwood

Construction

Wood Siding

Heating

RadiantOilBaseboard

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 204 W 4th Avenue is listed at $485,000. The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1977, 0.16 acre lot, 2 stories.

This property is listed by Melissa Ford.

MF

Melissa Ford

Agent at Nome Sweet Homes

Listed by Nome Sweet Homes · Broker phone: 907-443-7368 · View on Broker Site

MLS# 11741315· Source: My State MLS· 183 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

204 W 4th Avenue, Nome, AK 99762

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