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4202 & 4204 Cheyenne Street

Cheyenne, WY 82001
  • $429,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 20260880
UPDATED: 35 min ago
$429,000
  • 0
    BEDS
  • 1.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,170
    SQFT
  • $135
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Discover an investment opportunity in a great location! Situated on a spacious 1-acre lot just off the bustling Pershing Blvd and College Drive intersection, this well-positioned triplex offers both immediate income and exciting future potential. The property features a side-by-side duplex, each unit offering 2 bedrooms and 1 bath with fenced yards. In addition, a second structure provides a 3-bedroom, 2-bath with a large master suite, perfect for larger households or extra rental income. With room to expand or enhance, this property opens the door to even greater returns. Currently fully rented, the property delivers reliable cash flow from day one. Even better, all leases are month-to-month, giving a new owner valuable flexibility. Continue operating as an income producing asset, adjust rents to market rates, or explore redevelopment opportunities. With its prime location near major traffic corridors, strong rental appeal, and expansion possibilities, this property is ideal for investors looking to grow their portfolio or owner-operators seeking versatility.

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Wyoming MLS logo Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-12T18:27:00.713.
www.micheletrosthall.com/homes/173506828
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4202 & 4204 Cheyenne Street Cheyenne, WY 82001

  • Price: $429,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 35 min ago
  • MLS #: 20260880
0
Beds
0
Baths
0
½ Baths
1.04
Acres
3,170
SQFT
$135
$/SQFT
1951
Built
Neighborhood:
Other
County:
Laramie
Area:
Laramie County
Property Description
Discover an investment opportunity in a great location! Situated on a spacious 1-acre lot just off the bustling Pershing Blvd and College Drive intersection, this well-positioned triplex offers both immediate income and exciting future potential. The property features a side-by-side duplex, each unit offering 2 bedrooms and 1 bath with fenced yards. In addition, a second structure provides a 3-bedroom, 2-bath with a large master suite, perfect for larger households or extra rental income. With room to expand or enhance, this property opens the door to even greater returns. Currently fully rented, the property delivers reliable cash flow from day one. Even better, all leases are month-to-month, giving a new owner valuable flexibility. Continue operating as an income producing asset, adjust rents to market rates, or explore redevelopment opportunities. With its prime location near major traffic corridors, strong rental appeal, and expansion possibilities, this property is ideal for investors looking to grow their portfolio or owner-operators seeking versatility.
Exterior Features

Construction Existing-Has been lived in Construction Type Wood Frame Exterior StuccoWood Siding Fence Chain Link Foundation Concrete Foundation Sq Ft 3170 Garage Carport None Off Street Parking Yes Off Street Parking Spaces 10+ Roof Asphalt/Fiberglass Style Other Unit1 Garage N Unit2 Garage N Unit3 Garage N

Interior Features

Appliances Range/OvenRefrigerator Cooling None Heating Forced Air Gas Interior Extras Walk In Closets Laundry Hook Ups Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Sq Ft 868 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Sq Ft 868 Unit3 Baths 2 Unit3 Bedrooms 3 Unit3 Sq Ft 1434

Property Features

Annual Electricity Expense _ Annual Expense _ Annual Gas Expense _ Annual Income $30600 Annual Insurance Expense _ Annual Management Fees _ Annual Misc Expense _ Annual Net Income _ Annual Supplies Expense _ Annual Trash Expense _ Annual Water Expense _ Electric City Foreclosure No Gas Natural Handicap Accessible No Lot Sq Ft And Dimensions 45302 Management Owner Monthly Income $2550 Multifamily Type Tri-Plex Owner Pays Garbage RemovalWater Sewer City Short Sale No Tax Year 2025 Taxes 1749 Tenant Pays ElectricityGas Unit1 Rent $775 Unit2 Rent $775 Unit3 Rent $1000 Water City Zoning OTHER

Wyoming MLS logo Listing information © 2026 Wyoming Multiple Listing Service. Listing provided courtesy of One West Real Estate: 307-742-2099.
Wyoming MLS logo Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-12T18:27:00.713.
 
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