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    509 Bent Ave Cheyenne, WY 82007

    For Sale
    $650,000

    5-8 Plex - Cheyenne, WY

    Lot size:
    0.11 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 509 Bent Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Parking features
    None
    Exterior features
    Lawn Sprinklers
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas

    Building Details

    Year built
    2022
    Number of units
    8
    Building materials
    Frame
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other

    Real Broker LLC (855) 450-0442 [email protected]

    Listing agent JP Fluellen (307) 772-1184

    Listing date Sep 30, 2025

    MLS# 98333 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 Co-Living Investment Property

    This co-living investment property, constructed three years ago, is a turnkey multifamily rental that is fully tenanted and generating rental income. Designed for investors seeking stability and strong returns, the property features 8 total bedrooms and 6 bathrooms. There are 4 private en suite rental units, and 4 additional bedrooms share 2 bathrooms. The property includes multiple common areas designed for co-living tenants. Ample parking is available with both off-street and on-street options. The property is suited for house hacking, co-living, or long-term rental strategies, offering consistent cash flow and passive income potential. Its location and layout contribute to strong rental demand. Situated on a 0.11-acre lot in Cheyenne, Wyoming, the property offers low-maintenance, durable finishes throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -104.8166808
    Latitude
    41.1216341

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    FAQs

    What type of property is this?
    Apartment building - Turnkey multifamily rental with tenants in place, generating income.
    Where is this apartment building located?
    The property is located at 509 Bent Ave Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Fully tenanted co-living property generating immediate rental income.; - Turnkey investment requiring no immediate renovations or improvements.; - Modern construction (built in 2022) with energy-efficient features.
    (307) 772-1184
    Request Owner's contact information
    509 Bent Ave Cheyenne, WY 82007
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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
    509 Bent Ave Cheyenne, WY 82007
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