Vintage Duplex with Shared
1305 South Oak Street Casper, WY 82601
1305 South Oak Street, Casper, WY, 82601
$275,000
For Sale
$275,000
Two-bedroom units feature mudrooms, shared laundry access, with an upstairs fenced yard and a downstairs single-car garage.
Property Size1,916 SF
Price / SF$143.53
Days on Market115
Property Features for 1305 South Oak Street
General Information
- Standard status
- Active
- Size
- 1,916 SF
- Property subtype
- Multi-family / Duplex
Building Details
- Year Built
- 1916
Listing agency
Forefront Real Estate, LLC
(307) 224-1523
Listed by
Lisa Engebretsen · License #12573
(307) 224-1523
Source
Compass
Added: Mar 30 Updated: Jul 22 at 4:53AM Checked: Jul 22 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forefront Real Estate, LLC
Investment Insights
Based on property information with market context.
This vintage duplex offers two spacious units, each with two bedrooms and a cozy mudroom. Residents share access to a laundry area, and the upstairs unit has exclusive use of a fenced yard. The downstairs unit includes a single-car garage for convenient, secure parking.
The property is located near schools, parks, and shopping in Casper, WY.
From a practical layout perspective, the configuration supports comfortable everyday living with dedicated outdoor space for the upstairs unit and enclosed parking for the downstairs unit.
The property is located near schools, parks, and shopping in Casper, WY.
From a practical layout perspective, the configuration supports comfortable everyday living with dedicated outdoor space for the upstairs unit and enclosed parking for the downstairs unit.
Key Highlights
- Vintage duplex built in 1916 with two 2‑bedroom units
- Each unit includes a cozy mudroom
- Shared laundry area accessible to both units
Local Financial Insights For Multifamily LT 5
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 | $24.1k | $12.60 |
| − Vacancy | −$1.1k | −$0.57 |
| EGI | $23.1k | $12.03 |
| − OpEx | −$6.9k | −$3.61 |
| NOI | $16.1k | $8.42 |
1,916 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.6K
$201.7K – $269.0K
NOI $16,139 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$212.9K
$186.3K – $248.4K
NOI $14,901 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$427.8K
$374.3K – $499.1K
NOI $29,945 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-bedroom units feature mudrooms, shared laundry access, with an upstairs fenced yard and a downstairs single-car garage.
Where is this duplex located?
The property is located at 1305 South Oak Street Casper, WY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Vintage duplex built in 1916 with two 2‑bedroom units; Each unit includes a cozy mudroom; Shared laundry area accessible to both units
