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204 W 4th Ave, Nome, AK, 99762

5beds
3baths
0sqft
$485,000
--price/sqft
$3,201/moest. monthly cost
$128,040/yrincome needed

About This Home

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 rental 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.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

6/10
Nome Elementary SchoolGrades PK-60.8 mi
4/10

Construction

Condition

  • Year built: 1977

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2016

Type & Style

  • Home type: MultiFamily
  • Architectural style: Lodge
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Oven,Washer

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood
  • Finished area above ground: 2,014

Heating & Cooling

  • Heating features: Oil,Baseboard,Zoned,Radiant
  • Cooling features: Zoned

Interior Area

  • Total structure area: 2,014

Property

Details

  • Lease amount: 0

Features

  • Stories: 2

Lot

  • Lot size: 7,000 sqft