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Furnished Duplex
New
For Sale
$569,000

739 N Grant St, Casper, WY 82601

Both residences have individual on-demand water heaters and fenced backyards with rock landscaping.

Property Size2,158 SF
Price / SF$263.67
Days on Market3

Property Features for 739 N Grant St

General Information

Standard status Active
Size 2,158 SF
Property subtype Residential Income

Additional Details

Furnished Yes
Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,172

Amenities

fully fenced backyards
no maintenance rock landscaping
on-demand water heaters

Building Details

Year Built 2023
Listing Agency: Vertical Realty Group, LLC
Listed By: David Kelley
Source: Exprealty
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:02PM

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 Vertical Realty Group, LLC

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Investment Insights

Based on property information with market context.

Built in 2023, this 2,158-square-foot duplex comprises two furnished residences. Each unit has an on-demand water heater, and the property includes a single-car garage. Fenced backyards feature rock landscaping.

The residences are rented furnished through Furnished Finder, with rental periods varying in length. The property has a track record of rentals through that platform.

Key Highlights

  • Two‑unit duplex built in 2023
  • 2,158 square feet
  • Both units are furnished and rented through Furnished Finder

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,177
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,540 $363.5K
Cap Rate 7%
$259,671 $259.7K
Cap Rate 9%
$201,967 $202.0K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$27.2K $12.60/SF
− Vacancy
−$1.2K −$0.57/SF
EGI
$26.0K $12.03/SF
− OpEx
−$7.8K −$3.61/SF
NOI
$18.2K $8.42/SF
Area
Natrona County, WY
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,540
Cap Rate 7%
$259,671
Cap Rate 9%
$201,967

Alternative Uses

Best Use
Multifamily LT 5
$259.7K
$227.2K – $303.0K (±1% cap)
NOI $18,177 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$239.8K
$209.8K – $279.7K (±1% cap)
NOI $16,783 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$481.8K
$421.6K – $562.1K (±1% cap)
NOI $33,727 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby

Demographics for 82601, WY

27,180
Population
12,967
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
93%
High-School Grad
478.8 sq mi
ZIP Area
57
Density / Sq Mi
$68,526
Median Household Income
$40,658
Median Earnings
$856
Median Rent
$244,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Both residences have individual on-demand water heaters and fenced backyards with rock landscaping.
Where is this duplex located?
The property is located at 739 N Grant St Casper, WY.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2023; 2,158 square feet; Both units are furnished and rented through Furnished Finder
More about this property
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