Investment Opportunity: Duplex with Income Potential This charming duplex presents a unique investment opportunity with a blend of vintage character and recent updates. Located in Rawlins Wy, right off of Spruce St, this property offers two distinct living spaces, ideal for maximizing rental income or owner-occupancy with rental income. Unit 1: Vintage Charm with Modern Comforts (3 Bed/2 Bath) Step into the character of a 1932 build with this partially updated three-bedroom, two-bathroom home. This unit features: Spacious layout with original details, newer carpet and vinyl flooring in basement with new shower upstairs. Smaller upstairs 3rd bedroom could be used as an office. New furnace 10/23, ensuring efficient heating. Basement has a non-conforming bedroom, offering additional flexible space. Unit 2: Cozy Studio Living (1 Bed/1 Bath) Built in 1950, this 540sq ft studio-style unit offers a compact and efficient living space. It features: Natural Hardwood flooring, larger kitchen, and Private access. Property Highlights: Desirable location with convenient access to I80, downtown amenities, family dollar, fuel stations and car wash, etc. Strong cash flow with two separate units. Opportunity for value appreciation through strategic updates. This duplex is an ideal investment for those seeking a property with immediate income potential and the opportunity to further enhance value. Owner is a Wyoming Licensed Real Estate Broker and Listing Agent.
Active
Price cut: $9.8K (5/12)
$164,536
511-511 1/2 13th St, Rawlins, WY 82301
4beds
3baths
1,935sqft
Est.:
Duplex, Multi Family
Built in 1932
-- sqft lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
Spacious layoutEfficient heatingRecent updatesNon-conforming bedroomNew furnacePrivate accessTwo distinct living spaces
- 139 days
- on Zillow |
- 201 |
- 18 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 10:45am
Listed by:
Byron Barkhurst 307-223-2248,
Dyrt Road Realty LLC
Source: WYOMLS,MLS#: 20250308

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
- Laundry: In Unit
Interior area
- Total structure area: 1,395
- Total interior livable area: 1,935 sqft
Property
Parking
- Total spaces: 2
- Parking features: None, Off Street
Features
- Fencing: Chain Link,Wood
Lot
- Size: 4,791.6 Square Feet
Details
- Zoning description: C2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame, Steel Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Electric: Rocky Mountain Power
- Gas: Natural
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Park Hill 3
Location
- Region: Rawlins
Financial & listing details
- Price per square foot: $85/sqft
- Annual tax amount: $1,563
- Price range: $164.5K - $164.5K
- Date on market: 1/23/2025
- Exclusions: Yes, Excluded clients, whether customer or principal, working with White Stone Realty LLC in any form. Additionally, any Owner/Co-Owner, Agent, Licensee, or Representative of an LLC variation that the aforementioned Broker/Owner is an Owner or Partner of.
- Total actual rent: 2000
- Tenant pays: Electricity, Trash Collection, Gas
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