Fourplex with Attached
26 Jonquil Street Casper, WY 82604
For Sale
$530,000
Fourplex offering two-bedroom units with in-unit laundry hookups, newer windows, and a roof installed in 2022.
Property Size4,012 SF
Price / SF$132.10
Days on Market121
Property Features for 26 Jonquil Street
General Information
- Standard status
- Active
- Size
- 4,012 SF
- Property subtype
- Multi-family / Four-Plex
Building Details
- Year Built
- 1978
Listing Agency:
Forefront Real Estate, LLC
(307) 224-1523
Listed By:
Lisa Engebretsen · License #12573
(307) 224-1523
Source:
Compass
Added: Mar 25
Changed: Jul 23
Last Checked: Jul 23 at 4:33AM
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 fourplex provides four residential units, each with two bedrooms, large kitchens, and in-unit laundry hookups. Units are served by individual gas forced-air furnaces. The property includes recent updates, including newer windows throughout and a new roof installed in Spring 2022. On-site improvements include a two-bay garage and two attached storage units.
The property is located just steps from the PV Golf Course, providing convenient proximity to the area.
Overall, the configuration is well-suited for residential income use, with each unit having its own furnace and dedicated laundry hookups.
The property is located just steps from the PV Golf Course, providing convenient proximity to the area.
Overall, the configuration is well-suited for residential income use, with each unit having its own furnace and dedicated laundry hookups.
Key Highlights
- Fourplex with 2‑bedroom units and in‑unit laundry hookups
- Individual gas forced‑air furnaces for each unit
- New roof installed Spring 2022 and newer windows throughout
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 | $50.6k | $12.60 |
| − Vacancy | −$2.3k | −$0.57 |
| EGI | $48.3k | $12.03 |
| − OpEx | −$14.5k | −$3.61 |
| NOI | $33.8k | $8.42 |
4,012 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$482.8K
$422.4K – $563.2K
NOI $33,793 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$445.7K
$390.0K – $520.0K
NOI $31,202 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$895.8K
$783.8K – $1.05M
NOI $62,703 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fourplex offering two-bedroom units with in-unit laundry hookups, newer windows, and a roof installed in 2022.
Where is this quadplex located?
The property is located at 26 Jonquil Street Casper, WY.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Fourplex with 2‑bedroom units and in‑unit laundry hookups; Individual gas forced‑air furnaces for each unit; New roof installed Spring 2022 and newer windows throughout
