Investment opportunity with strong rental potential in Cheyenne! This duplex at 208 Russell Ave offers flexibility for buyers looking for a property with income potential. Situated on a large corner lot, the property features ample off-street parking, two 1-car garages, and separate fenced yards for each unit, providing added privacy and convenience for tenants. Each unit offers 2 bedrooms and 1 bathroom, along with access to a shared laundry area. A brand-new roof installed in 2024. Both units are currently occupied with leases in place through April 2027, making this a turnkey investment with immediate income potential. Photos were taken prior to current tenants.
For sale
$330,000
208 Russell Ave, Cheyenne, WY 82007
--beds
--baths
1,560sqft
Duplex, Multi Family
Built in 1935
-- sqft lot
$325,700 Zestimate®
$212/sqft
$-- HOA
What's special
Large corner lotAmple off-street parkingShared laundry area
- 123 days
- 272
- 24
Zillow last checked:
Listing updated:
Listed by:
Tammy Facemire 307-631-8621,
RE/MAX Capitol Properties
Source: Cheyenne BOR,MLS#: 100801
Facts & features
Interior
Heating
- Gas Forced Air
Appliances
- Included: Range, Refrigerator
- Laundry: Washer/Dryer Included
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
- Finished area above ground: 780
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Bi-Level
- Fencing: Fenced
Lot
- Size: 6,534 Square Feet
- Dimensions: 6336
Details
- Parcel number: 11001074300210
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Roof: Composition/Asphalt
Condition
- Year built: 1935
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: South Cheyenne
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $279,319
- Annual tax amount: $1,361
- Price range: $330K - $330K
- Date on market: 5/15/2026
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
- Total actual rent: 2600
- Tenant pays: Electricity, Gas
Estimated market value
$325,700
$309,000 - $342,000
$1,471/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $330,000+11.9%$212/sqft |
Source:  Cheyenne BOR #100801 Report a problem | ||
| 6/11/2024 | Sold | -- |
Source: Cheyenne BOR #93028 Report a problem | ||
| 5/13/2024 | Pending sale | $295,000$189/sqft |
Source: Cheyenne BOR #93028 Report a problem | ||
| 5/7/2024 | Price change | $295,000-1.7%$189/sqft |
Source: Cheyenne BOR #93028 Report a problem | ||
| 4/1/2024 | Listed for sale | $300,000+72.9%$192/sqft |
Source: Cheyenne BOR #93028 Report a problem | ||
| 6/26/2018 | Sold | -- |
Source: Cheyenne BOR #71059 Report a problem | ||
| 6/1/2018 | Pending sale | $173,500$111/sqft |
Source: CENTURY 21 The Bell Real Estate Agency #71059 Report a problem | ||
| 3/29/2018 | Listed for sale | $173,500+51%$111/sqft |
Source: CENTURY 21 The Bell Real Estate Agency #71059 Report a problem | ||
| 4/4/2011 | Listing removed | $114,900$74/sqft |
Source: Century 21 Bell Real Estate #38894 Report a problem | ||
| 3/28/2011 | Sold | -- |
Source: Cheyenne BOR #38894 Report a problem | ||
| 7/3/2010 | Price change | $114,900+9.5%$74/sqft |
Source: CENTURY 21 Bell Real Estate #38894 Report a problem | ||
| 2/14/2009 | Price change | $104,900-8%$67/sqft |
Source: CENTURY 21 Bell Real Estate #38894 Report a problem | ||
| 7/12/2008 | Price change | $114,000-8.8%$73/sqft |
Source: CENTURY 21 Bell Real Estate #38894 Report a problem | ||
| 5/8/2008 | Price change | $125,000+4.3%$80/sqft |
Source: Century 21 #31045 Report a problem | ||
| 5/2/2008 | Price change | $119,900-4.1%$77/sqft |
Source: Century 21 #31045 Report a problem | ||
| 5/1/2008 | Price change | $125,000+4.3%$80/sqft |
Source: Century 21 #31045 Report a problem | ||
| 4/26/2008 | Price change | $119,900-4.1%$77/sqft |
Source: Century 21 #31045 Report a problem | ||
| 3/5/2008 | Price change | $125,000+4.3%$80/sqft |
Source: Century 21 #31045 Report a problem | ||
| 11/14/2007 | Listed for sale | $119,900$77/sqft |
Source: Number1Expert #35011 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $26,535 +37.4% |
| 2025 | $1,362 -23.1% | $19,307 -22.9% |
| 2024 | $1,770 +3.5% | $25,034 +3.5% |
| 2023 | $1,711 +14.2% | $24,196 +16.6% |
| 2022 | $1,498 +9.3% | $20,749 +9.6% |
| 2021 | $1,370 +16.9% | $18,934 +16.6% |
| 2020 | $1,171 +6.4% | $16,236 +6.5% |
| 2019 | $1,101 +14% | $15,245 +12.9% |
| 2018 | $966 +4.8% | $13,505 +5.8% |
| 2017 | $921 +11.4% | $12,765 +11.5% |
| 2016 | $827 | $11,453 +13.3% |
| 2015 | $827 +14.1% | $10,106 +1.4% |
| 2014 | $724 | $9,966 -0.2% |
| 2013 | -- | $9,989 +3.5% |
| 2012 | -- | $9,651 -6.3% |
| 2011 | -- | $10,302 +1.4% |
| 2010 | -- | $10,156 +6.6% |
| 2009 | -- | $9,531 +9.4% |
| 2005 | -- | $8,713 +8.3% |
| 2004 | -- | $8,044 +8.7% |
| 2003 | -- | $7,401 +27.5% |
| 2002 | -- | $5,806 -6.6% |
| 2001 | -- | $6,217 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 82007
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