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
Price cut: $29K (5/18)
$400,000
4202 & 4204 Cheyenne St, Cheyenne, WY 82001
--beds
--baths
3,170sqft
Triplex, Multi Family
Built in 1951
-- sqft lot
$393,300 Zestimate®
$126/sqft
$-- HOA
What's special
Side-by-side duplexFenced yardsLarge master suite
- 104 days |
- 223 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Cody Clements 808-446-4664,
One West Real Estate
Source: Cheyenne BOR,MLS#: 99974
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Facts & features
Interior
Heating
- Gas Forced Air
Appliances
- Included: Range, Refrigerator
- Laundry: Hook-Ups
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
- Finished area above ground: 3,170
Property
Parking
- Parking features: None
Features
- Fencing: Fenced
Lot
- Size: 1.04 Acres
- Dimensions: 45302
Details
- Parcel number: 14662741101000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
- Roof: Composition/Asphalt
Condition
- Year built: 1951
Utilities & green energy
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sunnyside Add
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $260,953
- Annual tax amount: $1,749
- Price range: $400K - $400K
- Date on market: 2/28/2026
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
- Total actual rent: 2550
- Tenant pays: Electricity, Gas, Other
Estimated market value
$393,300
$374,000 - $413,000
$1,182/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 | $18,669 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 82001
Nearby schools
GreatSchools rating
- 6/10Baggs Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Carey Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 4/10East High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wyoming
- Laramie County
- Cheyenne
- 82001
- 4202 & 4204 Cheyenne St




