Three-Residence Multifamily
New
For Sale
$375,000
130 N AVENUE C-4, Cheyenne, WY 82007
Multi-Family, Cheyenne, WY
Property Size1,440 SF
Lot Size0.46 Acres
Price / SF$260.42
Days on Market5
Property Features for 130 N AVENUE C-4
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Interior features
Cable Access, Carpeted
Appliances
Range/Oven, Refrigerator
Subdivision
BROADMOOR
Standard status
Active
Size
1,440 SF
Lot size
0.46 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
BROADMOOR: S 15' OF LOT 3, LOT 4, N 13' LOT 5, B
Legal Description
BROADMOOR: S 15' OF LOT 3, LOT 4, N 13' LOT 5, B
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1947
Number of units
3
Building materials
Frame
Roof type
Composition
Buildings
3
Listing Agency:
#1 Properties
(307) 634-2222
Listed By:
Tammy Grant
(307) 286-0550
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 3:06PM
MLS# 102442
Copyright © 2026 Cheyenne MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multifamily property at 130 N Avenue C-4 in Cheyenne comprises three residences on a 0.46-acre fenced lot. The primary home contains 1,440 square feet across two levels, with three bedrooms and two bathrooms. It has a detached one-car garage and an attached workshop; a separate two-car garage is also on the property. The other two residences are mobile homes.
All three residences are occupied by month-to-month tenants. Each unit has a refrigerator, range/oven, and washer/dryer hookups. The main home was built in 1947, and the property has public water service.
All three residences are occupied by month-to-month tenants. Each unit has a refrigerator, range/oven, and washer/dryer hookups. The main home was built in 1947, and the property has public water service.
Key Highlights
- Three rental residences: one two‑level home and two mobile homes
- Primary residence offers 1,440 square feet, 3 bedrooms, and 2 bathrooms
- 0.46‑acre fenced lot in Cheyenne
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,202
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,040
$264.0K
Cap Rate 7%
$188,600
$188.6K
Cap Rate 9%
$146,689
$146.7K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.1K $17.40/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$24.0K $16.67/SF
− OpEx
−$10.8K −$7.50/SF
NOI
$13.2K $9.17/SF
Area
Laramie County, WY
Vacancy
4.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,040
Cap Rate 7%
$188,600
Cap Rate 9%
$146,689
Alternative Uses
Best Use
Apartment 5plus
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$236.0K
$206.5K – $275.3K
NOI $16,518 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 82007, WY
21,249
Population
9,542
Households
2.2
Avg Household Size
35
Median Age
16%
College-Educated
89%
High-School Grad
193.8 sq mi
ZIP Area
110
Density / Sq Mi
$55,461
Median Household Income
$35,537
Median Earnings
$1,120
Median Rent
$218,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three rental dwellings share a fenced parcel with detached garage space and a workshop.
Where is this multifamily property located?
The property is located at 130 N AVENUE C-4 Cheyenne, WY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three rental residences: one two‑level home and two mobile homes; Primary residence offers 1,440 square feet, 3 bedrooms, and 2 bathrooms; 0.46‑acre fenced lot in Cheyenne
