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Multi-unit property located just moments from the University of Wyoming, this fully updated two-unit property offers an exceptional opportunity for both investors and owner-occupants seeking immediate rental income in a prime location. The larger of the two units features five bedrooms and two bathrooms, designed with a unique treehouse-inspired layout that blends bungalow craftsmanship with bold, trapezoidal architecture. Its open-concept design incorporates dramatic angled walls, creating a visually stunning environment that feels naturally connected to the outdoors. A spacious kitchen anchors the home, while large windows and super-insulated walls ensure year-round comfort and energy efficiency. The accommodating space within the interior walls allows for full access to the completely updated electrical system, offering excellent flexibility and long-term functionality. The second unit has also been completely remodeled and includes three bedrooms and one bathroom. It features a modern kitchen with granite countertops and updated finishes, providing a clean, contemporary look that's highly attractive to tenants. Both units have been meticulously maintained, making this a true turnkey investment opportunity. Situated on a large lot, the property also includes a heated three-car garage"”perfect for additional rental income, future unit expansion, or valuable storage space for tenants. This added flexibility enhances the long-term investment potential and overall tenant appeal. Current leases will transfer with the sale, allowing for immediate cash flow from day one. Whether you're looking to expand your investment portfolio or secure a well-located, move-in-ready income property, this multi-unit stands out for its unique architectural character, strong rental history, development upside, and unbeatable proximity to campus.
DAYS ON MARKET | 10 | LAST UPDATED | 9/5/2025 |
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TRACT | UNIVERSITY PLACE | YEAR BUILT | 1923 |
COMMUNITY | North-East Laramie | GARAGE SPACES | 3.0 |
COUNTY | Albany | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
School District | Slade |
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ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, dishwasher, Refrigerator |
AREA | North-East Laramie |
BASEMENT | Finished, Yes |
GARAGE | Yes |
HEAT | Baseboard, Electric, Natural Gas |
LOT | 6970 sq ft |
PARKING | Detached |
STYLE | 2 Levels |
SUBDIVISION | UNIVERSITY PLACE |
TAXES | 3273 |
UTILITIES | Natural Gas Available |
WATER | Public |
ZONING | Limited Multi-Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Jessica Hocker, Mountain Valley Properties
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