4222 E Grays Gable Rd, Laramie, WY 82072 (MLS # 250577)

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PRICE $399,000 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 1,792 sqft
LOT SIZE 6,534 sqft

This versatile North East Laramie property offers a compelling opportunity for investors and owner-occupants alike. Whether you're looking to live in one unit while generating passive income, or easily convert the residence back into a single-family home, this split-level property is poised to deliver. The upper unit, currently owner-occupied, has been meticulously renovated to a high standard. It features modern white tiled finishes, sleek gray laminate flooring, and a contemporary kitchen that will appeal to discerning tenants or a new owner. This unit also enjoys exclusive access to the spacious backyard, complete with a brand new Trex deck. The upper unit is available furnished, if desired. The lower, garden-level unit is a consistent income generator, currently rented for $1,100 per month. This self-contained unit offers privacy and convenience with its kitchen, bathroom, and laundry facilities. It has a separate access via the garage or backyard gate. While not recently updated, this unit is clean, well-maintained, and offers excellent potential for future renovation. Beyond the robust rental streams and flexible floor plan, this home has been well-maintained with key updates including a new 50-gallon water heater, a roof updated in 2022, and siding done in 2019. The property boasts a strategic location in the desirable Indian Paintbrush neighborhood. Residents will appreciate immediate access to extensive walking paths, proximity to Laramie's midtown shopping district, and the local golf course. The seller offers flexibility for a fast closing, making this a desirable and streamlined acquisition. For more details on the investment potential, to discuss capitalization rates, or to schedule a private viewing, please get in touch with Arianna Van Fleet at Prism Real Estate Solutions at 307-761-3160.

DAYS ON MARKET 5 LAST UPDATED 8/11/2025
TRACT INDIAN HILLS YEAR BUILT 1978
COMMUNITY North-East Laramie GARAGE SPACES 1.0
COUNTY Albany STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Indian Paint Brush


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
AREA North-East Laramie
BASEMENT Finished, Yes
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air, Natural Gas
INTERIOR Eat-in Kitchen
LOT 6534 sq ft
PARKING Attached
STYLE Split Entry
SUBDIVISION INDIAN HILLS
TAXES 1999
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING Single-Family Residential
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 4222 E GRAYS GABLE RD
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Listed with Arianna Van Fleet, Prism Real Estate Solutions

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