1515 OXFORD DR Cheyenne, WY 82001
MULTI_FAMILY - Cheyenne, WY
Property Features for 1515 OXFORD DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 2
- Patio and Porch features
- Deck
- Interior features
- Cable Access, Carpeted
- Exterior features
- Deck
- Appliances
- Dishwasher, Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 3,570 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2051
- Tax Description
- EASTRIDGE, 4TH FILING: POR BLOCK 28, DESC AS: BEG
Utilities
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1976
- Number of units
- 4
- Building materials
- Brick, Frame
- Roof type
- Composition
Listing agent Darby Murphy-Beard (307) 640-5308
Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY (307) 634-2222
Listing date May 25, 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.
Investment Insights
Based on property information with market context.
Located at 1515 Oxford Dr in Cheyenne, Wyoming (Laramie County), the property is described as conveniently located. The listing does not provide additional detail on frontage, access, or nearby tenants, but the building is clearly set up as a four-unit residential income asset.
For buyers looking for a small multifamily structure with multiple separately leased homes, the unit mix is straightforward: four two-bedroom, one-bath units within a single property. Because the offering is described as fully rented, it may appeal to tenants, owner-operators, and investors seeking an income-producing setup from day one. Prospective purchasers should review lease terms and any property-specific operating details during due diligence.
Key Highlights
- Fully rented with four 2‑bedroom, 1‑bath units
- 8 bedrooms and 4 bathrooms (Bedroom 1–8; Bathroom 1–4)
- Brick and frame construction; composition roof
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 | $54.8k | $15.36 |
| − Vacancy | −$3.0k | −$0.84 |
| EGI | $51.8k | $14.52 |
| − OpEx | −$15.5k | −$4.35 |
| NOI | $36.3k | $10.16 |
