Multifamily

Cheyenne, WY Multifamily Properties for Sale

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Found 27 multifamily property listings for sale in Cheyenne, WY, averaging $186/sq ft. Use valuation data to compare deals faster.
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Duplex with Steel-Framed Shop
Updated: Sep 25
Duplex with Steel-Framed Shop

3507 CODY LN, Cheyenne, WY 82009

$899,000
5,552 sqft 4.40 AC lot
5,552‑square‑foot duplex on 4.4 acres; built in 2023
60‑by‑80‑foot steel‑framed shop with electricity and three 14‑foot overhead doors
Lower level has a full kitchen, separate entrance, living room, recreation room, two bedrooms, and full bathroom
Main level includes three bedrooms, a full bathroom, and an open living, dining, and kitchen area
1,200‑square‑foot concrete patio and fenced grounds
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Triplex with Attached Horse Barn
Updated: Oct 26
Triplex with Attached Horse Barn

7602 RIDGE RD, Cheyenne, WY 82009

$899,000
5,807 sqft 4.08 AC lot
4.08‑acre property with 5,807 square feet of finished space
Triplex includes a separate accessory dwelling unit and basement apartment
Attached barn has 6 stalls, a hay loft, and tack space
Heated garage features an oversized bay
Equestrian amenities include a corral and pasture
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Four-Unit Condominium Property
Four-Unit Condominium Property

511 W 6TH ST, Cheyenne, WY 82007

$760,000
3,510 sqft 0.28 AC lot

Separate condominium titles accompany shared association coverage for building insurance, utilities, reserves, and exterior maintenance.

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Four-Unit Apartment Building
Four-Unit Apartment Building

402 Miller Ln #Bldg 8, Cheyenne, WY 82009

$620,000
3,952 sqft

Four two-bedroom apartments include in-unit laundry, fireplaces, and off-street parking.

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Updated Duplex Property
Updated Duplex Property

817 & 819 W 9TH ST, Cheyenne, WY 82007

$550,000
1,468 sqft 0.42 AC lot

Two separate homes share an additional vacant lot and include refreshed interiors with central heating.

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Single-Level Triplex with Steel Building
Single-Level Triplex with Steel Building

503 E 2ND ST, Cheyenne, WY 82007

$540,000
2,640 sqft 0.29 AC lot

Three apartment layouts are complemented by a separate steel building on its own lot.

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

1412 MADISON AVE, Cheyenne, WY 82001

$465,000
3,272 sqft 0.31 AC lot

Two vacant residences offer flexible owner-occupant, rental, and multigenerational living arrangements.

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Updated Quadplex
Updated Quadplex

1617 Converse Ave, Cheyenne, WY 82001

$510,000
2,225 sqft

Three occupied residences provide current rental income, while a fourth unit is vacant and ready for updates.

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4-Unit Apartment Building
4-Unit Apartment Building

402 MILLER LN, Cheyenne, WY 82009

$620,000
3,952 sqft 0.05 AC lot

Four two-bedroom residences include individual fireplaces, washers, dryers, and off-street parking.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

2200 LOGAN AVE, Cheyenne, WY 82001

$790,000
3,888 sqft 0.13 AC lot

Flexible commercial workspace with separate residential apartments and detached garage in a multi-tenant configuration.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

2215 E 17th St, Cheyenne, WY 82001

$435,000
1,938 sqft

A two-bedroom upper residence and a one-bedroom lower unit offer distinct living areas within the same property.

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Four-Unit Three-Bedroom Quadplex
Four-Unit Three-Bedroom Quadplex

1231 TAFT AVE, Cheyenne, WY 82001

$749,900
3,952 sqft

Separately metered residences feature gas fireplaces, decks, appliances, and dedicated off-street parking.

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Quadplex with Gas Fireplaces
Quadplex with Gas Fireplaces

1217 TAFT AVE, Cheyenne, WY 82001

$749,900
3,952 sqft

Four matching apartments feature two bedrooms, one bathroom, appliances, washer/dryer units, and private outdoor decks.

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Duplex with Private Laundry
Duplex with Private Laundry

3410 Green Ct, Cheyenne, WY 82009

$420,000
2,000 sqft

Two-unit property with individual kitchens, in-unit laundry, a detached garage, and off-street parking near grocery shopping.

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Triplex with Attached Garage
Triplex with Attached Garage

1008 E 23RD ST, Cheyenne, WY 82001

$385,000
2,861 sqft 0.13 AC lot

Three residential units include a two-bedroom main-level apartment and two one-bedroom apartments.

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Quadplex with Detached Garage
Quadplex with Detached Garage

1815 LILAC CT, Cheyenne, WY 82001

$529,000
3,870 sqft 0.63 AC lot

Four residences include a mix of one- and three-bedroom layouts, with long-term tenants in place.

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Triplex with Attached Garage
Triplex with Attached Garage

1008 E 23rd St, Cheyenne, WY 82001

$385,000
2,630 sqft

Three residential units include a two-bedroom main-level home and two one-bedroom apartments.

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10-Unit Apartment Building
10-Unit Apartment Building

1621 EVANS AVE, Cheyenne, WY 82001

$400,000
4,203 sqft 0.10 AC lot

Two-story property with studio and one-bedroom units, patios, and forced-air natural gas heating.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

1002 Hot Springs Ave, Cheyenne, WY 82001

$400,000
2,216 sqft

Two residences offer a three-bedroom main level and a two-bedroom lower-level layout.

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Aviation Property with Hangar and Apartments
Aviation Property with Hangar and Apartments

3666 AVIATOR CT, Cheyenne, WY 82009

$940,000
7,000 sqft 1.37 AC lot

Built in 2023 with two apartments, heated shop space, and direct access to a grass airstrip.

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Apartment Building For Sale
Apartment Building For Sale

1103 Old Town Ln Unit 201, Cheyenne, WY 82009

$1,850,000
8,177 sqft

Apartment building available for sale in Cheyenne, Wyoming, offering residential income-focused ownership.

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Four-Unit Apartment Property
Four-Unit Apartment Property

2412 PATTISON AVE, Cheyenne, WY 82009

$575,000
3,368 sqft 0.18 AC lot

Four two-bedroom units offer carpet and LVP flooring, laundry hookups, landscaped grounds, and off-street parking.

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Two-Story Quadplex
Two-Story Quadplex

709 W SECOND ST, Cheyenne, WY 82007

Contact for pricing
3,572 sqft

Unfurnished apartment units with tenant-paid gas and electricity.

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Horse Boarding Facility
Horse Boarding Facility

4717 THOMAS RD, Cheyenne, WY 82009

$999,000
18,170 sqft 9.56 AC lot

Equestrian facility with indoor and outdoor arenas, horse boarding stables, loafing sheds, and supplemental RV storage.

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Cheyenne, WY Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Cheyenne, WY, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 107,037 square feet of properties for sale, with an estimated market value of $17,580,800.

Sale prices for multifamily properties in Cheyenne, WY start at $235,000, averaging $676,184, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 9
Duplexes 8
Triplexes 4
Apartment buildings 2
Mobile home & RV parks 2

Demographics Overview

Population 96K
Population Growth (5Y) -1.7%
Median Household Income $80,489
College Educated 14.4%

High-Yield Neighborhoods for Investment

Identify Cheyenne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
82001 $509.1K
82007 $696.9K
82009 $923.6K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Laramie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Laramie County

Residential Income

Asking Price Distribution

Median asking price $171/SF in Cheyenne, WY; the middle half of 25 listings asks $146–$210/SF.

$0–$100/SF 8%
$100–$200/SF 56%
$200–$300/SF 32%
$300–$500/SF 4%

Property Size Breakdown

The majority of commercial real estate listings in Cheyenne fall within the 100,000+ square foot range.

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