For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Unit Residential Income Duplex Title is generated by Realmo AI

    1000 W 29TH ST, Cheyenne, WY 82001

    View on Map
    Claim this Listing
    New
    For Sale
    $384,900

    MULTI_FAMILY - Cheyenne, WY

    Property size:
    1,931 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $199/SF
    Added:
    Jun 12, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 16 at 9:06 pm

    Property Features for 1000 W 29TH ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Interior features
    Cable Access, Carpeted
    Exterior features
    Fence, Storage
    Fencing
    Fenced
    Appliances
    Range/Oven, Refrigerator
    Standard status
    Active
    Size
    1,931 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1502

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1922
    Floors in Building
    2
    Number of units
    2
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Krista Boyer

    Listing agent Krista Boyer

    Listing office Peak Properties, LLC 2822 WARREN AVE, CHEYENNE, WY

    Listing date Jun 12, 2026

    MLS# 101105 Listing URL

    Copyright © 2026 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑unit property on a double lot with a main‑level 3BD/1BA unit plus a basement 1BD/1BA unit with separate entrance
    • Recent updates include upgraded electrical and plumbing and newer Gill windows
    • Two detached garages plus ample parking for vehicles, RVs, or recreational toys
    • Year built 1922 with frame construction, composition roof, and forced‑air heating (natural gas and electric)
    • Kitchen features include range/oven and refrigerator; main unit also has a large pantry and breakfast nook
    • Public water and fenced exterior with storage

    Overview

    This two-unit duplex offers flexible living and rental options with two distinct configurations. The main level includes three bedrooms and one bathroom, along with a spacious kitchen, a large pantry, and a breakfast nook. The basement unit provides one bedroom and one bathroom, plus a kitchenette and a separate entrance.

    The property is situated on two city lots and includes two detached garages, offering space for vehicles and additional storage. Recent updates throughout the duplex include upgraded electrical and plumbing, and newer Gill windows, supporting a more reliable foundation for day-to-day use.

    For buyers looking for a property that can accommodate multiple households, the separate entrance for the lower unit supports privacy and independent access. The combination of a larger main-level layout and a self-contained basement arrangement may appeal to investors seeking a straightforward two-unit setup or homeowners interested in multi-generational living with separate spaces.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $29.7k $15.36
    − Vacancy −$1.6k −$0.84
    EGI $28.0k $14.52
    − OpEx −$8.4k −$4.35
    NOI $19.6k $10.16
    1,931 SF · lease $15.36/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $280.3K
    $245.3K – $327.0K (±1% cap)
    NOI $19,620 @ 7.0% cap · market cap 5.10%
    Second Best
    Apartment 5plus
    $252.9K
    $221.3K – $295.1K (±1% cap)
    NOI $17,704 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Retail
    $316.4K
    $276.9K – $369.2K (±1% cap)
    NOI $22,150 @ 7.0% cap · market cap 5.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.832034
    Latitude
    41.141038

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex on a double lot with separate entrance basement unit and two detached garages.
    Where is this duplex located?
    The property is located at 1000 W 29TH ST Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $384,900.
    What are key features of this property?
    This property features: Two‑unit property on a double lot with a main‑level 3BD/1BA unit plus a basement 1BD/1BA unit with separate entrance; Recent updates include upgraded electrical and plumbing and newer Gill windows; Two detached garages plus ample parking for vehicles, RVs, or recreational toys
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message