Investors, take note! This professionally managed fourplex offers an exceptional opportunity for cash flow and income potential in a prime downtown location. Featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is a standout. Total rents $3,675/mo, plus tenants pay some utilities. Most units have been thoughtfully updated with new flooring, creating a modern and inviting living space for tenants. Additionally, the property includes a separate basement laundry area equipped with a coin-operated washer and dryer, providing convenient amenities for tenants while generating extra monthly income. With its central location, this property is ideally situated for long-term rentals or short-term/Airbnb opportunities, tapping into Cheyenne's growing demand for flexible housing options. The property is professionally managed and fully turnkey, making it a hassle-free addition to any portfolio. Don't miss out on this downtown gem with excellent cash flow potential!
Multi-familyProperty Type
1915Year Built
7,405 sq ftLot Size
$169Price/Sq.Ft.
Listed by Mariah Jeffery• Coldwell Banker, The Property Exchange
Great 4 unit building close to downtown & the hospital. Currently managed by Century 21 Bell with established tenants
CBR #82258
Dec 1, 2021
Sold
—
May 19, 2021
Listed
$315,000
$121/sq ft
Great 4 unit building close to downtown and hospital area. Tenants have good longevity and current leases in place.
CBR #60879
Aug 21, 2015
Sold
—
May 18, 2015
Listed
$200,000
$77/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Laramie County
APN
11001029900060
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jun 20, 2026.
MUR
Mixed-use Residential District
The MUR District is intended for a mix of Residential, Retail, Service, Employment, and Civic uses where the predominant use will be Residential, with moderate or higher densities and a range of housing types. Nonresidential uses should be limited to those that primarily support residential uses within the district. The district regulations are designed to allow a variety of housing types, and establish the necessary amenities to support higher-density urban neighborhoods.
Permitted uses
Include but are not limited to:
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Mixed use
Office
Public service
Property details
Interior
Heating & Cooling
Has Heating
Heating: Radiant
Interior Features
Appliances: Range, Oven, Refrigerator
Unit Type 1 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $1,000
Unit Type 2 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $950
Unit Type 3 Information
Type: 1 Bedroom
# of Bedrooms: 1
Actual Rent: $800
Unit Type 4 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $900
Exterior
Property Features
Other Structures: Storage
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: 4-Plex
Lot Information
Lot Size : 7,392
Lot Size Acres: 0.17
Financial
Tax Information
Tax Annual Amount: $1,773.12
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Location Information
Subdivision Name: CITY OF CHEYENNE
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Laramie County
APN: 11001029900060
Home facts updated by county records on Jun 20, 2026
Around this home
Schools
Alta Vista Elementary School
Public PreK-6 • Assigned • 0.7mi
8/10
Carey Junior High School
Public 7-8 • Assigned • 2.1mi
4/10
East High School
Public 9-12 • Assigned • 1.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 88° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cheyenne, WY • 82001
Average low and high temperatures (°F)
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49
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29
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27
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
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