4202 Cheyenne St - Multi-Family FOR SALE


Cheyenne, WY 82001
$429,000 USD
307-214-1298
4202 Cheyenne St, Cheyenne, WY for Sale
$429,000 USD
Multi-Family - FOR SALE
1/30

4202 Cheyenne St
Cheyenne, WY 82001


HIGHLIGHTS

  • Location
  • Location
  • Location

OVERVIEW

Positioned on a spacious 1-acre lot just off the high-traffic intersection of Pershing Blvd and College Drive, this fully occupied triplex presents a compelling income-producing opportunity in a desirable location. The property consists of a side-by-side duplex, each unit offering 2 bedrooms and 1 bathroom with private fenced yards. A second structure on the property provides an additional 3-bedroom, 2-bath unit with a large primary suite, expanding the property’s appeal to larger households and maximizing rental potential. Currently 100% occupied, the asset generates immediate cash flow from day one. All leases are structured month-to-month, offering investors rare operational flexibility to adjust rents to market rates, reposition the property, or implement a value-add strategy without long-term lease constraints. With a full acre of land in a location near major traffic corridors and amenities, the property also offers compelling long-term upside. Investors can continue operating it as an income asset, pursue rental increases, or explore expansion or redevelopment opportunities to further enhance returns. Don't miss your chance to acquire a cash-flowing multi-unit property with both immediate income and meaningful value-add potential. Ideal for investors seeking to grow or diversify their portfolio.

FOR SALE DETAILS

PRICE

$429,000 USD

# OF UNITS

3

PRICE/UNIT

$143,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cheyenne Street Tri-Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

18540000400013

ASK ABOUT THIS PROPERTY

Shelley ClementsOne West Real EstateMore Info
307-214-1298

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Shelley ClementsOne West Real EstateMore Info
307-214-1298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.