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10-Unit Apartment Building
For Sale
$400,000

1621 EVANS AVE, Cheyenne, WY 82001

Multi-Family, 2 STORY, Cheyenne, WY

Property Size4,203 SF
Lot Size0.10 Acres
Price / SF$95.17
Days on Market62

Property Features for 1621 EVANS AVE

General Information

Property type Residential Multi Family
Property subtype Apartment
Patio and Porch features Patio
Interior features Cable Access, Carpeted, Window Covering
Exterior features Patio
Appliances Range/Oven, Refrigerator
Subdivision CITY OF CHEYENNE
Standard status Active
Size 4,203 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CHEYENNE: NORTH 52' OF WEST 21' LOT 3, NORTH 52' L
Tax Annual Amount 1900
Legal Description CHEYENNE: NORTH 52' OF WEST 21' LOT 3, NORTH 52' L

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1917
Floors in Building 2
Number of units 10
Building materials Block, Frame, Stucco
Roof type Composition
Architectural style Other
Listing Agency: #1 Properties
Listed By: Kari Farley
Added: Jun 29 Changed: Aug 27 Last Checked: Aug 29 at 8:06AM
MLS# 101272

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.

Investment Insights

Based on property information with market context.

This two-story apartment property at 1621 Evans Ave in Cheyenne contains 10 units configured as studios and one-bedroom residences. The building encompasses 4,203 square feet on a 0.1-acre lot and was constructed in 1917. Interior features include carpeting, window coverings, and cable access, while the property also includes ranges, ovens, and refrigerators.

Construction incorporates block, frame, and stucco materials beneath a composition roof. Heating is provided by forced-air natural gas systems, and the property has public water service. Exterior improvements include a patio, adding an outdoor amenity to the residential configuration.

Key Highlights

  • 10 units comprising studio and one‑bedroom residences
  • 4,203 square feet on a 0.1‑acre lot
  • Two‑story apartment property constructed in 1917

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Fish Market Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

4,357
Businesses Nearby

Demographics for 82001, WY

37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with studio and one-bedroom units, patios, and forced-air natural gas heating.
Where is this apartment building located?
The property is located at 1621 EVANS AVE Cheyenne, WY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 10 units comprising studio and one‑bedroom residences; 4,203 square feet on a 0.1‑acre lot; Two‑story apartment property constructed in 1917
More about this property
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