Gillette WY Fourplex For
For Sale
$490,000
Pending
608 Overdale, Gillette, WY 82718
MULTI_FAMILY - Gillette, WY
Property Size2,992 SF
Lot Size0.39 Acres
Days on Market93
Property Features for 608 Overdale
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 7, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6
Appliances
Range/Oven, Refrigerator, Dishwasher, Dryer, Range Oven, Washer
Directions
Located in Westover Subdivision. Head west on Westover Rd, take a left on Overdale Dr., units will be on your right
Subdivision
Westover Hills
Standard status
Pending
Size
2,992 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Annual Amount
2206
Amenities
private entrance
in-unit washer and dryer
Building Details
Year built
1982
Number of units
4
Listing Agency:
RE/MAX Professionals · RE/MAX International
(307) 682-6622
Listed By:
Stacey MacKearney · License #15014
(307) 660-2678
Added: May 5
Changed: Aug 5
Last Checked: Aug 5 at 11:06PM
MLS# 26-482
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.
Investment Insights
Based on property information with market context.
This well-maintained fourplex is located in Gillette, Wyoming. The property features four units, each with two bedrooms and one bathroom. All units are fully occupied, making it suitable for investors seeking immediate income. Each unit includes a private entrance and the convenience of an in-unit washer and dryer. The property backs up to a golf course, providing a desirable setting. Off-street parking is available. The property is zoned R-3 and the lot size is 0.39 acres. The property size is 2992 square feet.
Key Highlights
- Well‑maintained 4‑plex with 2‑bedroom, 1‑bath units
- All units are fully occupied
- Each unit has a private entrance
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 | $37.7k | $12.60 |
| − Vacancy | −$2.1k | −$0.69 |
| EGI | $35.6k | $11.91 |
| − OpEx | −$10.7k | −$3.57 |
| NOI | $24.9k | $8.33 |
2,992 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.3K
$311.7K – $415.6K
NOI $24,938 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$328.9K
$287.8K – $383.8K
NOI $23,026 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$525.3K
$459.7K – $612.9K
NOI $36,772 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 82718, WY
25,764
Population
10,228
Households
2.5
Avg Household Size
34
Median Age
27%
College-Educated
92%
High-School Grad
1,596.8 sq mi
ZIP Area
16
Density / Sq Mi
$104,454
Median Household Income
$51,047
Median Earnings
$1,042
Median Rent
$289,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex with desirable setting and immediate income potential.
Where is this quadplex located?
The property is located at 608 Overdale Gillette, WY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex with 2‑bedroom, 1‑bath units; All units are fully occupied; Each unit has a private entrance
