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Ranch Triplex with Workspace
For Sale
$229,900

206 S 4th Street, Thermopolis, WY 82443

MULTI-FAMILY, Ranch, Thermopolis, WY

Property Size4,264 SF
Lot Size0.24 Acres
Price / SF$53.92
Days on Market178

Property Features for 206 S 4th Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning COMMERCIAL
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1
Interior features Tankless Hot Water Heater
Fencing Chain Link
Appliances Dishwasher, Range/Oven, Refrigerator
Subdivision NO SUBDIVISION
Standard status Active
Size 4,264 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THERMOPOLIS OT BLK 9 N 102' LOTS 1, 2, 3 & E 20' OF N/2 LOT4 COMMERCIAL
Tax Annual Amount 1283
Legal Description THERMOPOLIS OT BLK 9 N 102' LOTS 1, 2, 3 & E 20' OF N/2 LOT4 COMMERCIAL

Utilities

Heating system Hot Water(Heating)
Cooling system Heat Pump

Amenities

shop/workspace
storage

Building Details

Year built 1925
Number of units 3
Building materials Wood Frame
Architectural style Ranch
Listing Agency: Roundtop Real Estate, LLC
Listed By: Kerri Manig · License #RE-13538
Added: Mar 17 Changed: Sep 4 Last Checked: Sep 10 at 12:06PM
MLS# 20261242

Copyright © 2026 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This ranch-style triplex property contains 4,264 square feet on a 0.24-acre lot. The primary residence includes four or more bedrooms, while an attached rental unit provides an additional income-producing component. The layout also includes the possibility of creating a third rental unit. A shop or workspace, substantial storage, and off-street parking add practical utility. Interior features include a tankless hot water heater, dishwasher, range/oven, and refrigerator. Wood-frame construction dates to 1925, with hot water heating and heat pump cooling.

The property is located at 206 S 4th Street in Thermopolis, Wyoming, within Hot Springs County. Commercial zoning supports the property’s stated residential and business flexibility. Exterior features include chain-link fencing and landscaped grounds.

Key Highlights

  • 4,264‑square‑foot ranch‑style triplex on a 0.24‑acre lot
  • Primary residence offers 4+ bedrooms
  • Attached rental unit provides an additional income component

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Real Estate Agency Dental Office Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 82443, WY

4,501
Population
2,436
Households
1.8
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
1,053.9 sq mi
ZIP Area
4
Density / Sq Mi
$67,869
Median Household Income
$35,880
Median Earnings
$972
Median Rent
$217,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Commercial zoning, a shop/workspace, storage, and off-street parking support flexible occupancy and operations.
Where is this triplex located?
The property is located at 206 S 4th Street Thermopolis, WY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 4,264‑square‑foot ranch‑style triplex on a 0.24‑acre lot; Primary residence offers 4+ bedrooms; Attached rental unit provides an additional income component
More about this property
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