1008 E 23RD ST, Cheyenne, WY 82001
MULTI_FAMILY - Cheyenne, WY
- Added:
- Apr 3, 2026
- Days on Market:
- 80
- Last Refresh:
- Jun 21 at 7:06 pm
Property Features for 1008 E 23RD ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
- Patio and Porch features
- Deck
- Interior features
- Cable Access, Carpeted
- Exterior features
- Deck, Fence, Landscaped, Storage
- Fencing
- Fenced
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 2,861 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- East 5' Lot 5, West 38' Lot 6, Block 180
- Tax Annual Amount
- 1683
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1919
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Allee Williamson (307) 631-1654
Listing office RE/MAX Capitol Properties 4000 Central Ave., Cheyenne, WY (307) 635-0303
Listing date Apr 3, 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
- Tri‑plex in Cheyenne built in 1919 with public water and forced‑air natural gas heat
- Main‑level Unit 1: 2BR/1BA with hardwood floors, updated bathroom, and formal dining room
- Unit 2 (basement): 1BR/1BA with convenient access to the common laundry area
- Unit 3: 1BR/1BA with a 1‑car attached garage and one off‑street parking space
- Exterior includes a deck, fenced yard, landscaped grounds, and a storage shed
- Includes composition roof and appliances such as a range/oven and refrigerator
Overview
The property has one off-street parking space and includes a fenced yard and a storage shed. Lot size is listed at 0.13 acres. The building totals 2,861 square feet.
With three independently configured units and on-site laundry access shared by Unit 2, the layout can suit an owner-occupant looking to live in one unit while renting the others, or a buyer seeking a small income property. Appointments are available to view the interiors and confirm finishes and functionality for each unit.
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 | $43.9k | $15.36 |
| − Vacancy | −$2.4k | −$0.84 |
| EGI | $41.5k | $14.52 |
| − OpEx | −$12.5k | −$4.35 |
| NOI | $29.1k | $10.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.807871
- Latitude
- 41.143465