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Updated Four-Unit Quadplex
New
For Sale
$495,000

7471 State Highway 789, Lander, WY 82520

Four residential units with individual appliances, covered carports, and infrastructure upgrades supporting owner occupancy or rental use.

Property Size3,136 SF
Price / SF$157.84
Days on Market6

Property Features for 7471 State Highway 789

General Information

Standard status Active
Size 3,136 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,037
Listing Agency: Timber Ridge Realty
Listed By: Yvonne Patterson · License #10297
Source: Exprealty
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 9:23AM

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 Timber Ridge Realty

Investment Insights

Based on property information with market context.

This 3,136-square-foot quadplex contains four residential units, with three units remodeled to include modern updates. Each unit has its own appliances and covered carport. The property can support a combination of owner occupancy and rental use, subject to applicable requirements.

Infrastructure work includes a shared water well installed in 2023, plumbing upgrades beneath all four units, electrical improvements in the units and crawlspaces, and septic and drain-line enhancements. Exterior sewer cleanouts, septic servicing, fencing, driveway drainage, and road-base work have also been completed. The roofs were replaced approximately 2012–2014. Located at 7471 State Highway 789 outside Lander, the property has wide-open views and potential for an RV pad, with electrical infrastructure near Unit #3 that may accommodate a separately metered connection.

Key Highlights

  • Four‑unit quadplex totaling 3,136 SF
  • Three of four units remodeled with modern updates
  • Shared water well installed in 2023

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 82520, WY

12,887
Population
5,806
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
1,493.4 sq mi
ZIP Area
9
Density / Sq Mi
$75,000
Median Household Income
$37,336
Median Earnings
$882
Median Rent
$318,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units with individual appliances, covered carports, and infrastructure upgrades supporting owner occupancy or rental use.
Where is this quadplex located?
The property is located at 7471 State Highway 789 Lander, WY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 3,136 SF; Three of four units remodeled with modern updates; Shared water well installed in 2023
More about this property
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