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    Gillette WY Fourplex For Sale Title is generated by Realmo AI

    608 Overdale, Gillette, WY 82718

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    Claim this Listing
    Pending
    $490,000

    MULTI_FAMILY - Gillette, WY

    Property size:
    2,992 SF
    Lot size:
    0.39 Acres
    Added:
    May 5, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 21 at 9:06 pm

    Property Features for 608 Overdale

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-3
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 8, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
    Appliances
    Range/Oven, Refrigerator, Dishwasher, Dryer, Range Oven, Washer
    Standard status
    Pending
    Size
    2,992 SF
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2206

    Building Details

    Year built
    1982
    Number of units
    4

    We can help!

    Listing Contact
    Stacey MacKearney
    Stacey MacKearney

    Listing agent Stacey MacKearney License #15014

    Listing office RE/MAX Professionals 907 E Boxelder, Gillette, WY

    Listing date May 5, 2026

    MLS# 26-482 Listing URL

    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.

    HighLights

    • Well‑maintained 4‑plex with fully occupied 2‑bedroom, 1‑bath units
    • Each unit has a private entrance
    • In‑unit washer and dryer in every unit
    • Off‑street parking included
    • Property backs up to a golf course
    • Built in 1982

    Overview

    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.

    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 $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 (±1% cap)
    NOI $24,938 @ 7.0% cap · market cap 5.09%
    Second Best
    Apartment 5plus
    $328.9K
    $287.8K – $383.8K (±1% cap)
    NOI $23,026 @ 7.0% cap · market cap 4.70%
    Theoretical Best
    Specialty Retail
    $525.3K
    $459.7K – $612.9K (±1% cap)
    NOI $36,772 @ 7.0% cap · market cap 7.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gillette
    County
    Campbell
    State
    Wyoming
    Longitude
    -105.548928
    Latitude
    44.288414

    FAQs

    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 fully occupied 2‑bedroom, 1‑bath units; Each unit has a private entrance; In‑unit washer and dryer in every unit
    More about this property
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