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.
For sale
$375,000
4202 & 4204 Cheyenne St, Cheyenne, WY 82001
7beds
--baths
3,170sqft
Multi Family
Built in 1951
-- sqft lot
$368,000 Zestimate®
$118/sqft
$-- HOA
What's special
Side-by-side duplexFenced yardsLarge master suite
- 12 days
- 163
- 11
Zillow last checked:
Listing updated:
Listed by:
Cody Clements,
One West Real Estate 307-742-2099
Source: Laramie BOR,MLS#: 260689
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Full bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Refrigerator, Dishwasher, Stove
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 1.04 Acres
- Features: Corner Lot
Details
- Parcel number: 14662741101000
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $355,750
- Annual tax amount: $1,749
- Price range: $375K - $375K
- Date on market: 9/2/2026
- Listing terms: Cash,Conventional
- Total actual rent: 2550
- Tenant pays: Electricity, Gas
Estimated market value
$368,000
$350,000 - $386,000
$1,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $375,000$118/sqft |
Source: | ||
| 9/1/2026 | Listing removed | $375,000$118/sqft |
Source: | ||
| 6/24/2026 | Price change | $375,000-6.3%$118/sqft |
Source: | ||
| 5/18/2026 | Price change | $400,000-6.8%$126/sqft |
Source: | ||
| 2/28/2026 | Listed for sale | $429,000$135/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $33,796 +36.3% |
| 2025 | $1,749 -22.6% | $24,790 -22.4% |
| 2024 | $2,260 +3.4% | $31,963 +3.4% |
| 2023 | $2,185 +14.5% | $30,901 +16.8% |
| 2022 | $1,909 +15.8% | $26,449 +16.1% |
| 2021 | $1,648 +11.5% | $22,788 +11.2% |
| 2020 | $1,478 +3.9% | $20,488 +4% |
| 2019 | $1,423 +6.6% | $19,705 +5.5% |
| 2018 | $1,335 | $18,669 |
Find assessor info on the county website
Monthly payment
Est. payment




