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    823 S Main St, Sheridan, WY 82801

    --beds
    0baths
    5,168sqft
    Stick Built, Multi Family
    Built in 2018
    -- sqft lot
    $1,361,100 Zestimate®
    $--/sqft
    $1,714 Estimated rent

    Home value

    $1,361,100

    $980,000 - $1.88M

    $1,714/mo

    Zestimate® history
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    $1,714/mo

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    $1,714/mo

    Rent Zestimate®

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    What's special

    INVESTMENT OPPORTUNITY! Just a short walk from the thriving downtown of Sheridan, Wyoming, this highly profitable investment property is conveniently located near many popular local restaurants, bars, and shops. Built in 2018, this 4-plex features four 2-bedroom, 2 1/2 bathroom units with ability to lease a portion of units as short-term rentals under R-2 Zoning. The complex is currently offering a mix of both long-term and short-term rental options. The fully furnished short-term rentals are being managed by a successful local management team specializing in the Airbnb market. Newly built turnkey investment properties like this are a rare find in the Sheridan area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Paulus 307-210-8787,

    Powers Land Brokerage, LLC

    Bought with:

    Matt Paulus, RE-15450

    Powers Land Brokerage, LLC

    Source: Sheridan County BOR,MLS#: 23-1023MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas Forced Air, Natural Gas
    Cooling
    • Central Air
    Interior area
    • Total structure area: 5,168
    • Total interior livable area: 5,168 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Exterior features: Auto Lawn Sprinkler
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: R0031605

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Stick Built, Multi Family
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Sheridan
    • Subdivision: Vale Avoca Place 2nd

    Other

    Other facts
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    5/18/2026Listing removed$1,600
    Source: Zillow Rentals Report a problem
    5/2/2026Listed for rent$1,600
    Source: Zillow Rentals Report a problem
    10/17/2025Listing removed$1,600
    Source: Zillow Rentals Report a problem
    9/28/2025Price change$1,600-11.1%
    Source: Zillow Rentals Report a problem
    9/14/2025Listed for rent$1,800
    Source: Zillow Rentals Report a problem
    12/27/2024Sold--
    Source: Sheridan County BOR #23-1023 Report a problem
    4/11/2024Listed for sale$1,550,000$300/sqft
    Source: Sheridan County BOR #23-1023 Report a problem
    11/28/2023Listing removed--
    Source: Sheridan County BOR #23-1023 Report a problem
    11/15/2023Listed for sale$1,550,000$300/sqft
    Source: Sheridan County BOR #23-1023 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,241 -25.7%$45,333 -25.7%
    2024$4,363 -4.2%$61,018 -4.2%
    2023$4,555 +19.9%$63,709 +19.9%
    2022$3,799 +15.8%$53,132 +15.8%
    2021$3,282 +811.6%$45,898 +811.6%
    2020$360 +87.9%$5,035 +87.9%
    2019$192 $2,679

    Find assessor info on the county website

    Neighborhood: 82801

    Nearby schools

    GreatSchools rating