This Turnkey investment property offers a pro-forma cap rate well over 10%. It has been operated as a thriving AirBnB combined with long-term rental of some units. Located within walking distance to Cheyenne Regional Medical Center, it is easy to maintain high occupancy rates. The main house has six fully furnished one bed, one bath or studio units with kitchens or kitchenettes. A cottage and garage are leased separately to a long-term tenant for additional income. All furniture and appliances stay. Several of the units were recently renovated. Property may qualify for preferred financing as a 4-unit property. Sellers may be open to creative financing with significant down payment.
Sold
Price Unknown
2021 Evans Ave, Cheyenne, WY 82001
--beds
--baths
3,556sqft
5-8 Plex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,877 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,877/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mariah Jeffery 307-316-2239,
Coldwell Banker, The Property Exchange
Bought with:
Mariah Jeffery
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR,MLS#: 92360
Facts & features
Interior
Heating
- Other
Appliances
- Included: Microwave, Refrigerator
- Laundry: Washer/Dryer Included
Interior area
- Total structure area: 3,556
- Total interior livable area: 3,556 sqft
- Finished area above ground: 3,032
Property
Parking
- Parking features: Garage, Off Street
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 8,712 Square Feet
- Dimensions: 8,712
Details
- Parcel number: 14663114600200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-8 Plex, Multi Family
Materials
- Other
- Roof: Composition/Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Original Town
Location
- Region: Cheyenne
Financial & listing details
- Tax assessed value: $403,368
- Annual tax amount: $2,298
- Date on market: 1/14/2024
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2024 | Sold | -- |
Source:  Cheyenne BOR #92360 Report a problem | ||
| 2/9/2024 | Pending sale | $528,900$149/sqft |
Source: Cheyenne BOR #92360 Report a problem | ||
| 1/26/2024 | Listed for sale | $528,900$149/sqft |
Source: Cheyenne BOR #92360 Report a problem | ||
| 1/19/2024 | Pending sale | $528,900$149/sqft |
Source: Cheyenne BOR #92360 Report a problem | ||
| 1/14/2024 | Listed for sale | $528,900-6.4%$149/sqft |
Source: Cheyenne BOR #92360 Report a problem | ||
| 1/9/2024 | Listing removed | $565,000$159/sqft |
Source: Cheyenne BOR #91730 Report a problem | ||
| 10/25/2023 | Price change | $565,000-17.5%$159/sqft |
Source: Cheyenne BOR #91730 Report a problem | ||
| 9/4/2023 | Listed for sale | $685,000+204.4%$193/sqft |
Source: Owner Report a problem | ||
| 6/16/2017 | Sold | -- |
Source: Cheyenne BOR #67425 Report a problem | ||
| 5/3/2017 | Pending sale | $225,000$63/sqft |
Source: Coldwell Banker The Property Exchange, Inc. #67425 Report a problem | ||
| 4/13/2017 | Listed for sale | $225,000$63/sqft |
Source: Coldwell Banker The Property Exchange, Inc. #67425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,703 +16.4% | $38,320 +16.7% |
| 2024 | $2,321 +1% | $32,830 +1% |
| 2023 | $2,299 -1.2% | $32,512 +0.8% |
| 2022 | $2,327 +20.2% | $32,241 +20.5% |
| 2021 | $1,936 +8.2% | $26,759 +7.9% |
| 2020 | $1,790 +2% | $24,807 +2.1% |
| 2019 | $1,754 +5.2% | $24,289 +4.2% |
| 2018 | $1,668 -14.5% | $23,317 -13.7% |
| 2017 | $1,951 +6% | $27,032 +6% |
| 2016 | $1,841 | $25,497 +26.8% |
| 2015 | $1,841 +27.1% | $20,111 +1% |
| 2014 | $1,448 | $19,920 -0.6% |
| 2013 | -- | $20,042 +0% |
| 2012 | -- | $20,041 +2.8% |
| 2011 | -- | $19,496 +4% |
| 2010 | -- | $18,750 -1.4% |
| 2009 | -- | $19,023 +0.5% |
| 2005 | -- | $18,929 +24.4% |
| 2004 | -- | $15,220 +36.7% |
| 2003 | -- | $11,132 +3.5% |
| 2002 | -- | $10,751 +2.4% |
| 2001 | -- | $10,495 |
Find assessor info on the county website
Neighborhood: 82001
Nearby homes
- $--1 bd1 ba600 sqft2021 Evans Ave APT 1, Cheyenne, WY 82001Off Market
- $328,600-- bd2 ba1.1k sqft2017 Evans Ave, Cheyenne, WY 82001Off Market
- $706,2792 bd2 ba1.1k sqft2020 Van Lennen Ave, Cheyenne, WY 82001Off Market
- $234,1001 bd1 ba-- sqft2011 Evans Ave APT 3, Cheyenne, WY 82001Off Market
- $--1 bd1 ba500 sqft2011 Evans Ave APT 1, Cheyenne, WY 82001Off Market
- $330,1004 bd3 ba1.8k sqft2011 Evans Ave, Cheyenne, WY 82001Off Market
- $368,5004 bd2 ba1.8k sqft2103 Evans Ave, Cheyenne, WY 82001Off Market
- $---- bd-- ba2.5k sqft410 E 21st St, Cheyenne, WY 82001Sold
Nearby schools
GreatSchools rating
- 8/10Alta Vista Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 4/10Carey Junior High SchoolGrades: 7-8Distance: 2.2 mi
- 4/10East High SchoolGrades: 9-12Distance: 1.9 mi
- Wyoming
- Laramie County
- Cheyenne
- 82001
- 2021 Evans Ave
Nearby cities
Nearby zip codes
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