Nine-Unit Multifamily
New
For Sale
$1,600,000
504 & 506 East G Street and 407 East 5th Ave., Nome, AK 99762
Two apartment buildings and a studio combine long-term housing with an established short-term rental.
Property Size8,928 SF
Lot Size0.48 Acres
Price / SF$179.21
Days on Market5
Property Features for 504 & 506 East G Street and 407 East 5th Ave.
General Information
Standard status
Active
Size
8,928 SF
Lot size
0.48 Acres
Property subtype
Multi-Unit (5+)
Occupancy
100%
Additional Details
Multifamily Units
9
Amenities
Lot Size Square Feet: 21000
Metal Roof
Percentage of Tax that is Deductable: 0
Carpet Floor, Laminate Floor
Baseboard Heating, Oil Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-08-09
School District: Nome Public Schools
2 Stories, Built in 1982, Renovation Year: 2024
Neighborhood Name: Central Nome, Property Township: Nome
Above Area Square Feet: 8928
9 Full Baths
Construction Type: Frame
T1-11 Siding
Building Details
Year Built
1982
Buildings
3
Tenancy
Multi
Listing Agency:
Nome Sweet Homes
(907) 443-7368
Listed By:
Melissa Ford
(907) 443-7368
Source:
Doyle-realty
Added: Aug 8
Changed: Aug 12
Last Checked: Aug 12 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nome Sweet Homes
Investment Insights
Based on property information with market context.
This multifamily offering comprises two separate two-story, wood-frame four-plex buildings at 504 and 506 East G Street, together with Raven's Nest, a studio short-term rental at 407 East 5th Avenue. The portfolio contains nine residential units, including eight long-term apartments and one short-term rental, with 21 bedrooms and 9 full bathrooms. The buildings were constructed in 1982.
The properties occupy two lots in Nome. The G Street buildings sit on a 14,000 SF parcel, while the adjacent 7,000 SF lot contains the studio. Partially paved parking is positioned between the properties. Current occupancy is reported at 100%, providing a mix of long-term and short-term residential use across the assembled offering.
The properties occupy two lots in Nome. The G Street buildings sit on a 14,000 SF parcel, while the adjacent 7,000 SF lot contains the studio. Partially paved parking is positioned between the properties. Current occupancy is reported at 100%, providing a mix of long-term and short-term residential use across the assembled offering.
Key Highlights
- Nine residential units: eight long‑term apartments plus one short‑term rental
- Two separate two‑story, wood‑frame four‑plex buildings at 504 and 506 East G Street
- 21 bedrooms and 9 full bathrooms across the portfolio
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two apartment buildings and a studio combine long-term housing with an established short-term rental.
Where is this multifamily property located?
The property is located at 504 & 506 East G Street and 407 East 5th Ave. 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: eight long‑term apartments plus one short‑term rental; Two separate two‑story, wood‑frame four‑plex buildings at 504 and 506 East G Street; 21 bedrooms and 9 full bathrooms across the portfolio
