103 W 7th St, Gillette, WY 82716
- Added:
- May 5, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 103 W 7th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 12
- Bathrooms
- 7
- Rooms
- Bathroom 6, Bedroom 2, Bedroom 9, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 11, Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 10, Bedroom 12, Bathroom 5, Bathroom 4, Bathroom 7, Bedroom 1
- Appliances
- Range/Oven, Refrigerator, Dishwasher, Dryer, Range Oven, Washer
- Standard status
- Pending
- Size
- 5,350 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3591
Building Details
- Year built
- 1930
- Number of units
- 7
Listing agent Stacey MacKearney License #15014 (307) 660-2678
Listing office RE/MAX Professionals 907 E Boxelder, Gillette, WY (307) 682-6622
Listing date May 5, 2026
Copyright © 2026 Northeast Wyoming REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6‑plex plus a separate 568 sq ft 1‑bedroom home
- Both the 6‑plex and the 1‑bedroom home were recently remodeled
- Off‑street parking for tenants
- Year built: 1930
- Included appliances: range/oven, refrigerator, dishwasher, washer, and dryer
Overview
Located in downtown Gillette, Wyoming, the property offers convenient access to downtown amenities. The site is set under R-2 zoning, supporting continued residential investment use. With a total property size of 5,350 square feet on a 0.2-acre lot, the layout is well suited to investors who value a mix of rental units in one consolidated holding.
For buyers seeking flexible income potential, the combination of multiple units in the 6-plex and a separate 1-bedroom home can help diversify tenant needs and revenue streams. The recent remodel work and off-street parking make the property especially compelling for renters who prioritize condition, comfort, and practical access. Call for additional details and more photos as they become available.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $14.76 |
| − Vacancy | −$4.1k | −$0.77 |
| EGI | $74.9k | $13.99 |
| − OpEx | −$33.7k | −$6.30 |
| NOI | $41.2k | $7.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gillette
- County
- Campbell
- State
- Wyoming
- Longitude
- -105.504898
- Latitude
- 44.288
