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    3808 Gregg Way Cheyenne, WY 82009

    For Sale
    $825,000

    4-Plex, 2 STORY - Cheyenne, WY

    Lot size:
    1.75 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 3808 Gregg Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    8
    Parking features
    Off Street, Other
    Interior features
    Cable Access, Carpeted, Fire Place, Window Covering, Other
    Exterior features
    Fence, Landscaped
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Lot size
    1.75 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    2003
    Number of units
    4
    Building materials
    Frame, Other
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other

    #1 Properties (307) 634-2222 [email protected]

    Listing agent Jim Weaver (307) 634-2222

    Listing date Oct 27, 2025

    MLS# 98550 Listing URL

    Copyright © 2025 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.

    Overview

    Cheyenne 4-Plex Investor Opportunity

    This multifamily property in Cheyenne, Wyoming, presents an investor opportunity with historically low vacancy rates, under 1%. The property is a 4-plex, two-story building. The location offers a high walkability score, with King Soopers and a retail strip area within one block. Off-street parking is available, along with unrestricted street parking on an extra-wide street adjacent to the complex. The lot size is 1.75 acres. The property is located in Laramie County, with a postal code of 82009.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.7634394
    Latitude
    41.1624152

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained 4-plex near retail with low vacancy rate.
    Where is this quadplex located?
    The property is located at 3808 Gregg Way Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Historically low vacancy rate (under 1%); - Excellent investor opportunity with well-maintained units; - CAP rate of 5.3%
    (307) 634-2222
    Request Owner's contact information
    3808 Gregg Way Cheyenne, WY 82009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3808 Gregg Way Cheyenne, WY 82009
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