Duplex Income
2545 E 9TH ST Cheyenne, WY 82001
For Sale
$1,350,000
For sale duplex income property totaling 7,528 square feet in Cheyenne, Wyoming.
Property Size7,528 SF
Price / SF$179.33
Days on Market9
Property Features for 2545 E 9TH ST
General Information
Standard status
Active
Size
7,528 SF
Property subtype
Multi Family
Building Details
Year Built
1969
Listing Agency:
(585) 427-0020
Listed By:
Corey Rang
(585) 427-0020
Source:
Sellcheyenne.idxbroker
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 27 at 2:19AM
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 Corey Rang
Investment Insights
Based on property information with market context.
This for-sale duplex income property totals 7,528 square feet and is listed under residential income, duplex, and multifamily property categories. The asset is offered at 2545 E 9TH ST, Cheyenne, WY 82001.
The listing information provided does not include unit breakdown, bedroom or bathroom counts, or interior upgrade details. Interested parties should inquire for additional specifics on the existing improvements and configuration to confirm suitability for their underwriting needs.
The listing information provided does not include unit breakdown, bedroom or bathroom counts, or interior upgrade details. Interested parties should inquire for additional specifics on the existing improvements and configuration to confirm suitability for their underwriting needs.
Key Highlights
- Duplex income property for sale in Cheyenne, Wyoming
- Total building size: 7,528 sq ft
- Year built: 1969
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 | $115.6k | $15.36 |
| − Vacancy | −$6.4k | −$0.84 |
| EGI | $109.3k | $14.52 |
| − OpEx | −$32.8k | −$4.35 |
| NOI | $76.5k | $10.16 |
7,528 SF · lease $15.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$956.1K – $1.27M
NOI $76,489 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$986.0K
$862.7K – $1.15M
NOI $69,017 @ 7.0% cap · market cap 5.11%
Theoretical Best
Retail
$1.23M
$1.08M – $1.44M
NOI $86,351 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex income property totaling 7,528 square feet in Cheyenne, Wyoming.
Where is this duplex located?
The property is located at 2545 E 9TH ST Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Duplex income property for sale in Cheyenne, Wyoming; Total building size: 7,528 sq ft; Year built: 1969
