4222 E Grays Gable Rd Laramie, WY 82072
Estimated payment $2,341/month
Total Views
6,031
4
Beds
2
Baths
1,792
Sq Ft
$223
Price per Sq Ft
Highlights
- Deck
- Fireplace
- Eat-In Kitchen
- Indian Paintbrush Elementary School Rated A-
- 1 Car Attached Garage
- Living Room
About This Home
This versatile North East Laramie property offers a compelling opportunity for investors and owner-occupants alike. Whether you're looking to live in one unit while generating passive income, or easily convert the residence back into a single-family home, this split-level property is poised to deliver. The upper unit, currently owner-occupied, has been meticulously renovated to a high standard. It features modern white tiled finishes, sleek gray laminate flooring, and a contemporary kitchen that will appeal to discerning tenants or a new owner. This unit also enjoys exclusive access to the spacious backyard, complete with a brand new Trex deck. The upper unit is available furnished, if desired. The lower, garden-level unit is a consistent income generator, currently rented for $1,100 per month. This self-contained unit offers privacy and convenience with its kitchen, bathroom, and laundry facilities. It has a separate access via the garage or backyard gate. While not recently updated, this unit is clean, well-maintained, and offers excellent potential for future renovation. Beyond the robust rental streams and flexible floor plan, this home has been well-maintained with key updates including a new 50-gallon water heater, a roof updated in 2022, and siding done in 2019. The property boasts a strategic location in the desirable Indian Paintbrush neighborhood. Residents will appreciate immediate access to extensive walking paths, proximity to Laramie's midtown shopping district, and the local golf course. The seller offers flexibility for a fast closing, making this a desirable and streamlined acquisition. For more details on the investment potential, to discuss capitalization rates, or to schedule a private viewing, please get in touch with Arianna Van Fleet at Prism Real Estate Solutions at 307-761-3160.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,999
Year Built
- Built in 1978
Lot Details
- 6,534 Sq Ft Lot
- Fenced
- Manual Sprinklers System
Parking
- 1 Car Attached Garage
Home Design
- Split Level Home
- Shingle Roof
- Lap Siding
Interior Spaces
- Ceiling Fan
- Fireplace
- Living Room
- Fire and Smoke Detector
- Finished Basement
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
- Walk-in Shower
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Exclusions: Owners personal property
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,999 | $21,363 | $3,346 | $18,017 |
| 2024 | $1,999 | $27,389 | $4,290 | $23,099 |
| 2023 | $1,972 | $27,015 | $4,290 | $22,725 |
| 2022 | $0 | $24,908 | $4,290 | $20,618 |
| 2021 | $1,680 | $23,013 | $4,124 | $18,889 |
| 2020 | $1,605 | $21,990 | $4,124 | $17,866 |
| 2019 | $1,499 | $20,533 | $4,124 | $16,409 |
| 2018 | $1,621 | $22,204 | $4,124 | $18,080 |
| 2017 | $1,538 | $21,066 | $3,372 | $17,694 |
| 2016 | $1,423 | $19,496 | $3,372 | $16,124 |
| 2015 | $1,406 | $19,263 | $3,372 | $15,891 |
| 2014 | $1,385 | $18,966 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $399,000 | -- | $223 / Sq Ft |
Source: Laramie Board of REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,200 | New Conventional | |
| Closed | $260,200 | FHA | |
| Previous Owner | $158,560 | New Conventional |
Source: Public Records
Similar Homes in Laramie, WY
Source: Laramie Board of REALTORS® MLS
MLS Number: 250577
APN: 05-1673-26-4-38-049.00
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