Brick Four-Plex with Off-Street
1749 Oxford Drive Cheyenne, WY 82001
1749 Oxford Drive, Cheyenne, WY, 82001
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For Sale
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Four uniform two-bedroom, one-bath units with galley-style kitchens, in-unit laundry hookups, and off-street parking.
Property Size3,744 SF
Price / SF$168.27
Days on Market58
Property Features for 1749 Oxford Drive
General Information
- Standard status
- Active
- Size
- 3,744 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing agency
Coldwell Banker | The Property Exchange
(307) 460-0563
Listed by
James Bowers · License #WY WY
Source
Crexi
Added: May 27 Updated: Jul 21 at 11:01PM Checked: Jul 21 at 11:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker | The Property Exchange
Investment Insights
Based on property information with market context.
This brick four-plex offers four uniform residences, each laid out with a practical two-bedroom, one-bathroom plan. Interior layouts include galley-style kitchens and defined living areas designed to make efficient use of the space, and each unit includes in-unit laundry hookups.
The property provides off-street parking for residents and features a classic brick exterior. Because all units follow the same general configuration, the building is designed for consistent day-to-day operation.
For-sale investors and buyers will find a functional, predictable income-producing asset with a repeatable unit mix across all four apartments.
The property provides off-street parking for residents and features a classic brick exterior. Because all units follow the same general configuration, the building is designed for consistent day-to-day operation.
For-sale investors and buyers will find a functional, predictable income-producing asset with a repeatable unit mix across all four apartments.
Key Highlights
- Four‑plex built in 1963 in central Cheyenne
- All four units are uniform 2‑bedroom, 1‑bath layouts with galley‑style kitchens
- In‑unit laundry hookups in 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 | $57.5k | $15.36 |
| − Vacancy | −$3.2k | −$0.84 |
| EGI | $54.3k | $14.52 |
| − OpEx | −$16.3k | −$4.35 |
| NOI | $38.0k | $10.16 |
3,744 SF · lease $15.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$543.4K
$475.5K – $634.0K
NOI $38,041 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$490.4K
$429.1K – $572.1K
NOI $34,325 @ 7.0% cap · market cap 5.45%
Theoretical Best
Retail
$613.5K
$536.8K – $715.8K
NOI $42,946 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four uniform two-bedroom, one-bath units with galley-style kitchens, in-unit laundry hookups, and off-street parking.
Where is this quadplex located?
The property is located at 1749 Oxford Drive Cheyenne, WY.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Four‑plex built in 1963 in central Cheyenne; All four units are uniform 2‑bedroom, 1‑bath layouts with galley‑style kitchens; In‑unit laundry hookups in each unit
