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Two-Home Multifamily Property

405 Osborne Ave S, Gillette, WY 82716

For Sale
New
$389,900

Two residences share a parcel, with main-level living in both homes and distinct interior updates.

Property SizeContact for details
Days on Market1

Property Features for 405 Osborne Ave S

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2.75BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1956
Buildings 2
Listing Agency: Team Properties Group, LLC
Listed By: Brian Darrington · License #20130208202713964559000000
Source: 411propertiesrealestate
Added: Nov 6 Last Checked: Nov 6 at 2:51PM

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 Team Properties Group, LLC

Rey
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Investment Insights

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This multifamily property comprises two separate homes on one lot. The main residence offers 4 bedrooms, 2.75 bathrooms and 1,848 square feet, with three living areas: a front living room, a rear family room with a vaulted ceiling and fireplace, and a basement family room. Recent interior work includes LVP flooring, carpet, Shaker-style kitchen cabinets and white quartz countertops.

The 520-square-foot cottage has 1 bedroom and 1 bathroom. Its updates include a tiled bathroom, LVP flooring in the living areas, and new carpet and paint in the bedroom. Both residences have main-level living. The property is in downtown Gillette.

Key Highlights

  • Two separate homes occupy one lot in downtown Gillette
  • Main house: 4 bedrooms, 2.75 bathrooms and 1,848 square feet
  • Cottage: 1 bedroom, 1 bathroom and 520 square feet

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

954
Businesses Nearby

Demographics for 82716, WY

17,094
Population
7,771
Households
2.2
Avg Household Size
36
Median Age
16%
College-Educated
93%
High-School Grad
1,182.7 sq mi
ZIP Area
14
Density / Sq Mi
$77,169
Median Household Income
$45,276
Median Earnings
$890
Median Rent
$234,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences share a parcel, with main-level living in both homes and distinct interior updates.
Where is this multifamily property located?
The property is located at 405 Osborne Ave S Gillette, WY.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two separate homes occupy one lot in downtown Gillette; Main house: 4 bedrooms, 2.75 bathrooms and 1,848 square feet; Cottage: 1 bedroom, 1 bathroom and 520 square feet
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