# 504 & 506 E G Street, Nome, AK 99762

> **TL;DR:** 21bd/9ba commercial, $1,300,000 ($146/sqft), built 1982, 8,928 sqft. Est. $6,953/mo. Listed 84 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,300,000 |
| Price/sqft | $146 |
| Bedrooms | 21 |
| Bathrooms | 9 full |
| Square Feet | 8,928 |
| Year Built | 1982 |
| Lot Size | 21,000 sqft (0.48 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 84 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,574 |
| Estimated Insurance | $379 |
| **Total** | **$6,953** |

## Property Highlights

- Built in 1982
- 0.48 acre lot
- 2 stories

## Description

### Agent Description
Rare opportunity to acquire a fully assembled, 100% leased, income-producing multifamily portfolio in the heart of Nome. The offering includes two separate two-story, wood-frame four-plex apartment buildings - 504 and 506 East G Street - plus Raven's Nest, a proven short-term rental studio at 407 East 5th Avenue. The property has a total of 21 bedrooms, 9 full bathrooms and sits on two lots: a 14,000 SF lot (0.321 acres) containing 504 & 506 East G Street, and an adjacent 7,000 SF lot containing 407 East 5th Avenue, with partially paved parking in the center of town. The complex includes a separate, dedicated utility building housing two boilers-one newly installed in 2025-as well as a new water heater. This unique setup provides both heating efficiency and valuable system redundancy. The utility building also features a heated work shop area, storage and a utility sink. Next to this building sits a 20 foot conex that serves as a storage area for appliances and unit furniture. With nine total residential units - eight long-term apartments plus one high-performing short-term rental - the property offers diversified income streams, full current occupancy, and immediate cash flow for an investor, workforce housing operator, or owner-occupant looking to offset their mortgage with rental income.

## Location

- **Address:** 504 & 506 E G Street, Nome, AK 99762
- **County:** Nome
- **Neighborhood:** Central Nome
- **Coordinates:** 64.498651, -165.39296
- **Google Maps:** https://www.google.com/maps?q=64.498651,-165.39296

## Listing Agent

- **Name:** Melissa Ford
- **Brokerage:** Nome Sweet Homes
- **Broker Phone:** 907-443-7368

## Photos

![504 & 506 E G Street - Photo 1](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f3875599962r.jpg)

![504 & 506 E G Street - Photo 2](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2464888625r.jpg)

![504 & 506 E G Street - Photo 3](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1385382644r.jpg)

![504 & 506 E G Street - Photo 4](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2685429656r.jpg)

![504 & 506 E G Street - Photo 5](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f4239072245r.jpg)

![504 & 506 E G Street - Photo 6](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f241213819r.jpg)

![504 & 506 E G Street - Photo 7](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1523632809r.jpg)

![504 & 506 E G Street - Photo 8](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1108261576r.jpg)

![504 & 506 E G Street - Photo 9](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1936031182r.jpg)

![504 & 506 E G Street - Photo 10](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f722372068r.jpg)

![504 & 506 E G Street - Photo 11](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1146299059r.jpg)

![504 & 506 E G Street - Photo 12](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f344994232r.jpg)

![504 & 506 E G Street - Photo 13](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2145320509r.jpg)

![504 & 506 E G Street - Photo 14](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1702437153r.jpg)

![504 & 506 E G Street - Photo 15](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1590500073r.jpg)

![504 & 506 E G Street - Photo 16](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f344994232r.jpg)

![504 & 506 E G Street - Photo 17](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f241213819r.jpg)

![504 & 506 E G Street - Photo 18](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f4046490255r.jpg)

![504 & 506 E G Street - Photo 19](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f3107232064r.jpg)

![504 & 506 E G Street - Photo 20](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2928992819r.jpg)

![504 & 506 E G Street - Photo 21](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f3486527511r.jpg)

![504 & 506 E G Street - Photo 22](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2382963166r.jpg)

![504 & 506 E G Street - Photo 23](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f1579703206r.jpg)

![504 & 506 E G Street - Photo 24](http://lh.rdcpix.com/1c0c480b4e7d9cea3b2d161075058c50l-f2353799510r.jpg)

---

**MLS#:** 11926670 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/504-506-e-g-street-nome-ak-99762-a682d5b6c0ee4564871e17d677da608b)

---

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