$475,000
$10K PRICE DROP

Estimated payment $2,680/month

Total Views 42,969
-- Bed
-- Bath
3,522 Sq Ft
$135 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Garage
  • Furnished
  • Forced Air Heating System
  • Wood Fence

About This Home

This updated property offers an incredible opportunity for both investors and homeowners looking for a versatile, income-generating home. Currently operating as a successful Airbnb, it generates approximately $6,000 in gross monthly income, making it an excellent addition to any real estate portfolio. The entire building has been tastefully updated with newer luxury vinyl plank flooring throughout, ensuring a modern look and easy maintenance, with no carpet to worry about. The main floor welcomes you with a spacious layout that includes two bedrooms, one bathroom, a large living room, and a kitchen with dining space perfect for entertaining. A dedicated laundry room adds to the convenience for long-term residents or guests. Upstairs, the upper unit impresses with three bedrooms, one bathroom, and a beautifully updated kitchen featuring a large island. The kitchen opens into a cozy living room, making it a comfortable and stylish space for gathering. The basement unit adds even more value, with two additional bedrooms, one bathroom, a massive kitchen, a large living room, and a dining area. Its generous layout makes it perfect for hosting larger groups or long-term tenants. The property's R4 zoning provides additional opportunities to maximize its potential. A studio apartment in the garage has already been stubbed out for a kitchen and bathroom, offering the option to complete the space for even more income or flexibility. This property is perfect for an investor seeking steady income or a homeowner looking to live in one unit while renting out the others to cover most, if not all, of the mortgage. Whether you're looking to expand your rental portfolio, increase your Airbnb income, or find a home that pays for itself, this property is a rare find that delivers on all fronts. Its thoughtful updates, flexible layout, and impressive income potential make it a must-see opportunity.

Listing Agent

Alisha Collins

eXp Realty, LLC License #10247 Listed on: 10/04/2024

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1917

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence

Home Design

  • Triplex
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,522 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • Insurance Expense $3,500

Listing and Financial Details

  • The owner pays for garbage removal, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,269

Year Built

Built in 1917

Lot Details

0

Listing Details

  • 1031 Exchange: No
  • OFFICELIST_ADDRESS: 1236 S Chestnut Street
  • Construction Type When Listed: Existing-has been lived in
  • Exterior Extras: Storage Shed, Deck, Patio
  • Geo Address Line: 1236 S Chestnut St
  • Geo Primary City: Casper
  • Geo Quality: 0.95
  • Geo Subdivision: WY
  • Interior Extras: Garage Door Openers, Furnished
  • Lot Size Sq Ft Range: 5001 to 10000 SQ FT
  • Sale Rent Lease: For Sale
  • Building Style: 2 Story
  • Title Commitment From: RMT
  • Year Built: 1917
  • Owner Landlord Pays: Garbage Removal, Gas, Water
  • Annual Electric: 1440
  • Foundation Sq Ft: 1232
  • Handicap Amenities: No
  • Number Of Off Street Parking: 6
  • Separate Electric: Yes
  • Separate Gas Y N: No
  • Separate Sewer Y N: No
  • Separate Water Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Foreclosure: No
  • Laundry: Hook Ups
  • Basement Type: Tri-Plex
  • Number Of Buildings: 1
  • Actual Gross Annual Income: 72000

Exterior Features

  • Exterior: Frame-Lap
  • Fence: Wood
  • Foundation: Concrete
  • Number of Acres: 0.15
  • Roof: Architectural
  • Total Sq Ft: 3522
  • Exterior Construction: Wood Frame

Garage/Parking

  • Garage/Carport Description: Garage
  • Off Street Parking: Yes

Utilities

  • Cooling: Evaporative Window
  • Electric: City
  • Gas Company: Natural
  • Heating: Forced Air Gas
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Property Description: This updated property offers an incredible opportunity for both investors and homeowners looking for a versatile, income-generating home. Currently operating as a successful Airbnb, it generates approximately $6,000 in gross monthly income, making it an excellent addition to any real estate portfolio. The entire building has been tastefully updated with newer luxury vinyl plank flooring throughout, ensuring a modern look and easy maintenance, with no carpet to worry about. The main floor welcomes you with a spacious layout that includes two bedrooms, one bathroom, a large living room, and a kitchen with dining space perfect for entertaining. A dedicated laundry room adds to the convenience for long-term residents or guests. Upstairs, the upper unit impresses with three bedrooms, one bathroom, and a beautifully updated kitchen featuring a large island. The kitchen opens into a cozy living room, making it a comfortable and stylish space for gathering. The basement unit adds even more value, with two additional bedrooms, one bathroom, a massive kitchen, a large living room, and a dining area. Its generous layout makes it perfect for hosting larger groups or long-term tenants. The property's R4 zoning provides additional opportunities to maximize its potential. A studio apartment in the garage has already been stubbed out for a kitchen and bathroom, offering the option to complete the space for even more income or flexibility. This property is perfect for an investor seeking steady income or a homeowner looking to live in one unit while renting out the others to cover most, if not all, of the mortgage. Whether you're looking to expand your rental portfolio, increase your Airbnb income, or find a home that pays for itself, this property is a rare find that delivers on all fronts. Its thoughtful updates, flexible layout, and impressive income potential make it a must-see opportunity.
  • Condo Management: Owner
  • Units in Building: 3

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 2269
  • Annual Insurance Expense: 3500

Lot Info

  • Zoning: R4
  • Lot Size: 6500

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2023

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,724 $24,002 $2,542 $21,460
2024 $2,269 $31,599 $4,310 $27,289
2023 $2,206 $30,259 $3,995 $26,264
2022 $1,917 $29,294 $3,372 $25,922
2021 $1,852 $25,404 $3,483 $21,921
2020 $1,802 $24,722 $5,558 $19,164
2019 $1,748 $23,975 $2,093 $21,882
2018 $1,269 $17,409 $2,093 $15,316
2017 $1,216 $16,679 $2,470 $14,209
2015 $1,280 $17,565 $2,470 $15,095
2014 $1,253 $17,192 $2,470 $14,722
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 Price Changed $475,000 -2.1% $135 / Sq Ft
10/04/2024 10/04/24 For Sale $485,000 +83.0% $138 / Sq Ft
12/05/2022 12/05/22 Sold -- -- -- View Prior Sale
11/10/2022 11/10/22 Off Market -- -- --
11/04/2022 11/04/22 For Sale $265,000 -- $75 / Sq Ft
Source: Wyoming MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Rocky Mountain Title
Warranty Deed -- First American Title
Quit Claim Deed -- --
Source: Public Records

About the Listing Agent

Alisha Collins

eXp Realty, LLC

(307) 241-4767

Section Image

Comfortable and confident are the feelings you come away with after meeting Alisha. She is someone you can relate to, and whose company you will enjoy. She has the ability to impart trust and caring, because she wants your real estate experience to be an enjoyable adventure.

Alisha has over 20 years of experience helping people buy and sell homes, using a professional approach, with a personal touch.
Buying and selling a home has been well documented as a stressful, demanding

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Source: Wyoming MLS

MLS Number: 20254594

Wyoming MLS

APN: 33-79-09-3-2-500500