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
$325,200 Zestimate®
$212/sqft
$-- HOA
What's special
Large corner lotAmple off-street parkingShared laundry area
- 48 days |
- 354 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Tammy Facemire 307-631-8621,
RE/MAX Capitol Properties
Source: Cheyenne BOR,MLS#: 100801
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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: $203,244
- 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
$325,200
$309,000 - $341,000
$1,359/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $330,000+11.9%$212/sqft |
Source: | ||
| 6/11/2024 | Sold | -- |
Source: | ||
| 5/13/2024 | Pending sale | $295,000$189/sqft |
Source: | ||
| 5/7/2024 | Price change | $295,000-1.7%$189/sqft |
Source: | ||
| 4/1/2024 | Listed for sale | $300,000+72.9%$192/sqft |
Source: | ||
| 6/26/2018 | Sold | -- |
Source: | ||
| 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 | ||
| 3/28/2011 | Sold | -- |
Source: | ||
| 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 |
|---|---|---|
| 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 | -- | $6,217 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 82007
Nearby schools
GreatSchools rating
- 5/10Hebard Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 2/10Johnson Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 2/10South High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wyoming
- Laramie County
- Cheyenne
- 82007
- 208 Russell Ave







