1400 E 18TH ST Cheyenne, WY 82001
MULTI_FAMILY - Cheyenne, WY
Property Features for 1400 E 18TH ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 5
- Patio and Porch features
- Deck
- Interior features
- Cable Access
- Exterior features
- Deck
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 2,312 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ORIGINAL CITY CHEYENNE:S1/2 LOT 5, BLOCK 313
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Denise Bendori (307) 996-6556
Listing office Selling Homes Network 1532 Skyway Ave, Cheyenne, WY (307) 214-6534
Listing date May 21, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in Cheyenne, WY, on a 0.1-acre lot at 1400 E 18TH ST. Public remarks note the home is only one block from Holiday Park. Street parking is available.
This layout suits buyers looking to live in one unit while using the second for additional rental income, or households seeking multi-generational living under one roof. With separate entries and two distinct living areas, the property can support either shared-family occupancy or independent tenant use, depending on how an owner intends to operate the duplex. Interior updates like new flooring and fresh paint provide a move-in ready foundation for an owner or tenant occupancy plan.
Key Highlights
- 1900‑built frame home with public water and a composition roof
- Two separate living spaces with a private entry for the lower garden/daylight quarters
- 5 bedrooms and 2 bathrooms with built‑in storage
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 | $35.5k | $15.36 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $33.6k | $14.52 |
| − OpEx | −$10.1k | −$4.35 |
| NOI | $23.5k | $10.16 |
