$359,000

814 7th St Rock Springs, WY 82901

Estimated payment $2,020/month

Total Views 5,394
-- Bed
-- Bath
3,200 Sq Ft
$112 Price per Sq Ft

Highlights

  • Patio
  • Laundry Facilities
  • Wood Fence
  • Hot Water Heating System

About This Home

Nestled in downtown, this well-maintained 6-plex offers a lucrative income-producing opportunity with five spacious 1-bedroom/1-bathroom units (approx. 400-575 sq. ft.) and one generous 2-bedroom/1-bathroom unit (approx. 625 sq. ft.). Recently updated with fresh exterior, this two-story building features contemporary kitchens with needed appliances, energy-efficient windows, and common laundry units. Tenants benefit from a secure entry, ample off-street parking for 6+ vehicles, and dedicated secure doors. Its prime location near public transit stops(STAR), shopping, dining, and recreational amenities ensures low vacancy rates and strong rental demand. With separately metered electricity and potential for rent increases or minor upgrades, this turnkey property delivers consistent cash flow, making it an ideal investment for those seeking a profitable multi-family asset close to the heart of our industries. To view the property, or for more details, contact Broker Mark Baker directly at 307-371-5113 anytime.

Listing Agent

Mark Baker

Above Realty, LLC License #RE-13498 Listed on: 04/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Outdoor Features

  • Patio

Schools

  • Rock Springs High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

Building Details

  • Insurance Expense $1,579
  • Trash Expense $957

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1940

Lot Details

0

Listing Details

  • 1031 Exchange: No
  • OFFICELIST_ADDRESS: 814 7TH Street
  • Construction Type When Listed: Existing-has been lived in
  • Directions: Located on the corner of 7th and Channel
  • Exterior Extras: Patio
  • Geo Address Line: 814 7th St
  • Geo Primary City: Rock Springs
  • Geo Quality: 0.95
  • Geo Subdivision: WY
  • Geo Zoom Level: 16
  • Lot Size Sq Ft Range: 5001 to 10000 SQ FT
  • Sale Rent Lease: For Sale
  • Building Style: 2 Story
  • Title Commitment From: see agent remarks
  • Underground Sprinkler: None
  • Year Built: 1940
  • Owner Landlord Pays: Electricity, Gas, Garbage Removal, Water
  • Annual Electric: 1740
  • Annual Management Fees: 3270
  • Annual Miscellaneous Expense: 834
  • Foundation Sq Ft: 1600
  • Handicap Amenities: No
  • Number Of Off Street Parking: 7
  • Separate Electric: Yes
  • Separate Gas Y N: No
  • Separate Sewer Y N: No
  • Separate Water Y N: No
  • Agent Only_ L A1 User Code: 13498
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Foreclosure: No
  • Laundry: Building
  • Basement Type: Multi-Family 4+
  • Number Of Buildings: 1
  • Actual Gross Annual Income: 32709

Exterior Features

  • Exterior: Aluminum
  • Fence: Wood
  • Foundation: Concrete
  • Number of Acres: 0.1
  • Roof: Asphalt/Fiberglass
  • Total Sq Ft: 3200
  • Exterior Construction: Wood Frame

Garage/Parking

  • Garage/Carport Description: None
  • Off Street Parking: Yes

Utilities

  • Cooling: A/C Window Unit, None
  • Electric: Rocky Mountain Power
  • Gas Company: Natural
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Property Description: Nestled in downtown, this well-maintained 6-plex offers a lucrative income-producing opportunity with five spacious 1-bedroom/1-bathroom units (approx. 400-575 sq. ft.) and one generous 2-bedroom/1-bathroom unit (approx. 625 sq. ft.). Recently updated with fresh exterior, this two-story building features contemporary kitchens with needed appliances, energy-efficient windows, and common laundry units. Tenants benefit from a secure entry, ample off-street parking for 6+ vehicles, and dedicated secure doors. Its prime location near public transit stops(STAR), shopping, dining, and recreational amenities ensures low vacancy rates and strong rental demand. With separately metered electricity and potential for rent increases or minor upgrades, this turnkey property delivers consistent cash flow, making it an ideal investment for those seeking a profitable multi-family asset close to the heart of our industries. To view the property, or for more details, contact Broker Mark Baker directly at 307-371-5113 anytime.
  • Condo Management: Professional Company
  • Units in Building: 6

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1287
  • Annual Insurance Expense: 1579
  • Annual Trash Expense: 957

Schools

  • High School: Rock Springs Hs
  • High School: Rock Springs Hs

Lot Info

  • Geo Update Timestamp: 2025-04-25
  • Irrigation: No
  • Zoning: RR-2
  • Lot Size: 4472

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $359,000 -- $112 / Sq Ft
Source: Wyoming MLS

Source: Wyoming MLS

MLS Number: 20251874

Wyoming MLS