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Quadplex Portfolio with Studio Rental
For Sale
$1,600,000

504 & 506 E G Street, Nome, AK 99762

Business Opportunity, Nome, AK

Property Size8,928 SF
Lot Size0.48 Acres
Price / SF$179.21
Days on Market50

Property Features for 504 & 506 E G Street

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 21
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 10, Bathroom 7, Bedroom 19, Bedroom 18, Bedroom 7, Bedroom 6, Bedroom 9, Bedroom 14, Bathroom 9, Bedroom 21, Bedroom 13, Bedroom 8, Bathroom 4, Bedroom 12, Bedroom 11, Bedroom 16, Bathroom 6, Bathroom 8, Bedroom 17, Bathroom 5, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 15, Bathroom 1, Bedroom 2, Bedroom 20, Bedroom 1
Subdivision Central Nome
High school district Nome Public Schools
Standard status Active
Size 8,928 SF
Lot size 0.48 Acres

Utilities

Heating system Baseboard, Oil

Building Details

Year built 1982
Floors in Building 2
Flooring type Laminate, Carpet
Building materials T111 Siding
Roof type Metal
Listing Agency: Nome Sweet Homes
Listed By: Melissa Ford
Added: Aug 8 Changed: Sep 17 Last Checked: Sep 26 at 12:06PM
MLS# 11926670

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.

Investment Insights

Based on property information with market context.

This quadplex portfolio combines two separate two-story, wood-frame four-plex buildings with a studio used for short-term lodging. The nine residential units total 8,928 square feet and include 21 bedrooms and 9 full bathrooms. The buildings date to 1982 and feature T111 siding, metal roofing, laminate and carpet flooring, and oil-fired baseboard heating. Current occupancy is reported at 100%, with eight long-term apartments and one short-term rental unit.

The properties occupy two lots totaling 0.4821 acres in Nome. The 14,000-square-foot lot contains the two four-plexes, while the adjacent 7,000-square-foot lot contains the studio and partially paved parking. A separate utility building provides two boilers, including one installed in 2025, along with a new water heater. It also includes a heated workshop, storage, and a utility sink. A 20-foot conex adds storage for appliances and unit furniture.

Key Highlights

  • Nine residential units totaling 8,928 square feet
  • Two two‑story four‑plex buildings plus one short‑term rental studio
  • 21 bedrooms and 9 full bathrooms

Property Analytics

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Current Use

Quadplexes

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Demographics for 99762, AK

4,143
Population
1,956
Households
2.1
Avg Household Size
32
Median Age
24%
College-Educated
92%
High-School Grad
1,710.9 sq mi
ZIP Area
2
Density / Sq Mi
$109,896
Median Household Income
$60,763
Median Earnings
$1,567
Median Rent
$324,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two apartment buildings and a furnished studio rental create a nine-unit residential income property with varied leasing formats.
Where is this quadplex located?
The property is located at 504 & 506 E G Street Nome, AK.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Nine residential units totaling 8,928 square feet; Two two‑story four‑plex buildings plus one short‑term rental studio; 21 bedrooms and 9 full bathrooms
More about this property
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