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This Property is being marketed by the Wyoming Real Estate Group. Both of these homes are now vacant and the price has been reduced. They are ready to move in to and/or start a great investment portfolio. This is an Investment Powerhouse | Triple-Stream Income & Historic Craftsmanship Unlock the ultimate investment opportunity in a prime location. This rare property configuration features two distinct homes on a single lot, offering a total of three independent living units and an expansive workspace. 101 Hodgeman (The Main Residence): A stunning early 1900s gem preserved with the intricate interior trim and original woodwork rarely found in modern builds. Main Level: Features a spacious living room, dining room, kitchen, a classic Butler's Pantry, two bedrooms, and a full bath. Lower Level: Includes its own private entrance, offering a second complete living area with a laundry room, living room, kitchen, two additional bedrooms, and a bathroom. This setup is ideal for a high-yield dual-rental strategy or a dedicated Mother-in-Law suite. 166 W. University (The Cottage): Tucked privately behind the main house with its own separate address, this cozy 2-bedroom, 1-bathroom home provides a steady third income stream or an ideal guest house. The Maker's Bonus: A massive 17' x 26' shop with a 9' x 14' loft sits on the east side of the property. Perfect for the occasional DIYer or the expert crafter, this versatile outbuilding is a high-value asset that sets this property apart from others. Location & Lifestyle: Enjoy the best of this area with incredible accessibility; you are only minutes from the vibrant downtown area via a quick stroll across the Garfield Street footbridge. Whether you are an investor looking for a high-cap rate or a homeowner seeking a significant mortgage helper, this multi-unit opportunity is a must-see. Contact your Realtor today to schedule a private tour. For questions, contact Listing Agent Ben Fritzen at 307-760-0336.
| DAYS ON MARKET | 219 | LAST UPDATED | 8/20/2026 |
|---|---|---|---|
| TRACT | HODGEMAN ADDITION | YEAR BUILT | 1916 |
| COMMUNITY | Westside & West Laramie | COUNTY | Albany |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Linford |
|---|
| PRICE HISTORY | |
| Prior to Jun 30, '26 | $547,000 |
|---|---|
| Jun 30, '26 - Aug 20, '26 | $535,000 |
| Aug 20, '26 - Today | $525,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Oven, Refrigerator, Washer |
| AREA | Westside & West Laramie |
| BASEMENT | Concrete, Crawl Space, Finished, Walk-Out Access, Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen, Pantry |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot, Wooded |
| STORIES | 2 |
| STYLE | 1 Story, 2 Story, Cottage |
| SUBDIVISION | HODGEMAN ADDITION |
| TAXES | 2178 |
| UTILITIES | Natural Gas Available, Cable Available |
| WATER | Public |
| ZONING | Single-Family Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Benjamin L Fritzen, Wyoming Real Estate Group
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This IDX solution is (c) Diverse Solutions 2026.
