204 W 4th Avenue, Nome, AK 99762

$485,000
Active for Sale
 
Listing ID 11741315
Property Type Multi-Unit (2-4)
County Nome
FEMA Flood Map fema.gov/portal
Year Built 1977
   
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Rare Triplex with Strong Income Potential

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.
Property Details
  • 5 Total Bedrooms
  • 3 Full Baths
  • 2014 SF (AG)
  • 7000 SF Lot
  • Built in 1977
  • Renovated 2016
  • 2 Stories
  • Available 5/31/2026
  • Mini Estate Style
Unit Information
Unit #1Residential Income, Gross Area: 250, Rent Price: 1000, Unit Count: 3
Unit #2Residential Income, Gross Area: 814, Unit Count: 3
Interior Features
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Washer
  • Hardwood Flooring
  • Vinyl Plank Flooring
  • Baseboard
  • Radiant
  • 4 Heat/AC Zones
  • Oil Fuel
Exterior Features
  • Frame Construction
  • Wood Siding
  • Metal Roof
Listed By
Nome Sweet Homes
Office: 907-443-7368
Mobile: 907-304-2871
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