2510 EVANS AVE, Cheyenne, WY 82001
MULTI_FAMILY - Cheyenne, WY
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 7:06 am
Property Features for 2510 EVANS AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 3,864 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Cheyenne: North 57' Lot 8 Block 111
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jeremy Hamilton License #10313 (307) 630-1582
Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY (307) 634-2222
Listing date Jun 25, 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.
HighLights
- 6‑plex with strong rental history and multiple income streams
- Some units have been used as short‑term rentals, offering flexibility for rental strategy
- Built in 1916; frame construction with composition roof
- Heating: forced air with natural gas
- Public water source
- Appliances include range/oven and refrigerator
Overview
The building is located at 2510 Evans Ave in Cheyenne, Wyoming, within Laramie County. With a lot size of 0.09 acres and total property size of 3,864 square feet, it is sized for an investor looking for a smaller multifamily asset.
For buyers seeking a hands-on, unit-mix strategy, this property offers a straightforward six-plex format with the noted history of short-term rental use in select units. As an owner-operator or investment buyer, you can evaluate how the current unit mix and prior short-term usage align with your preferred operating model, while considering the building’s existing income base as represented in the listing.
Local Financial Insights For Apartment 5plus
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 | $67.2k | $17.40 |
| − Vacancy | −$2.8k | −$0.73 |
| EGI | $64.4k | $16.67 |
| − OpEx | −$29.0k | −$7.50 |
| NOI | $35.4k | $9.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.816512
- Latitude
- 41.142668
