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Updated Farmhouse Triplex Property
For Sale
$895,000

1357 MUDDY STRING, Thayne, WY 83127

Three separate residences with modern updates, including two long-term rentals and a main home with VRBO rental history.

Property Size3,785 SF
Price / SF$236.46
Days on Market53

Property Features for 1357 MUDDY STRING

General Information

Standard status Active
Size 3,785 SF
Property subtype Multi Family Home

Additional Details

Business Included Yes
Fenced Yard Yes
Water Rights Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,592

Amenities

Garage Spaces: 2
4
4.00
2

Building Details

Year Built 1983
Listing Agency: Keller Williams Jackson Hole
Listed By: Rusty L. Kunkle · License #4964
Source: Clearwaterproperties
Added: Jun 20 Changed: Aug 11 Last Checked: Aug 8 at 8:58AM

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 Keller Williams Jackson Hole

Investment Insights

Based on property information with market context.

This updated farmhouse property is configured as three separate residences, offering a flexible setup for owners and investors. The homes have been thoughtfully updated, and the property includes an immaculate yard, irrigation water rights, and fencing that supports privacy and a well-kept outdoor environment. With multiple living options on one site, it can accommodate a variety of occupancy and rental approaches.

Located in the heart of Star Valley, the setting includes mountain views and surrounding open space. The country feel and well-maintained grounds are central to the property’s appeal, with the fenced yard and irrigation rights supporting day-to-day usability.

Current occupancy includes two homes that are rented long-term, while the main house has a strong VRBO rental history. That combination can fit buyers looking to live on-site while continuing to generate rental income, or those who want to maintain an established short-term rental operation. The property’s versatility makes it worth touring for anyone seeking a three-residence arrangement in a rural, scenic location.

Key Highlights

  • Three separate residences with modern updates, including two long‑term rentals and a main home with VRBO rental history
  • 4 total bedrooms and 4.00 total bathrooms across the property
  • 2‑car garage (2 garage spaces)

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

Demographics for 83127, WY

3,818
Population
2,221
Households
1.7
Avg Household Size
45
Median Age
33%
College-Educated
95%
High-School Grad
231.1 sq mi
ZIP Area
17
Density / Sq Mi
$86,351
Median Household Income
$49,281
Median Earnings
$1,439
Median Rent
$431,200
Median Home Value

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 - Three separate residences with modern updates, including two long-term rentals and a main home with VRBO rental history.
Where is this triplex located?
The property is located at 1357 MUDDY STRING Thayne, WY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three separate residences with modern updates, including two long‑term rentals and a main home with VRBO rental history; 4 total bedrooms and 4.00 total bathrooms across the property; 2‑car garage (2 garage spaces)
More about this property
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