3016 DEY AVE, Cheyenne, WY 82001
MULTI_FAMILY - Cheyenne, WY
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 8:06 am
Property Features for 3016 DEY AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Interior features
- Cable Access, Carpeted
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 2,416 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2017
- Tax Description
- PARK ADDITION: LOT 1, EXCEPT NORTH 93.5', BLOCK 18
- Tax Annual Amount
- 1124
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jeremy Hamilton License #10313 (307) 630-1582
Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY (307) 634-2222
Listing date Jun 26, 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.
HighLights
- All‑brick investment property built in 1935
- Three 1‑bedroom, 1‑bath apartments with eat‑in kitchens and living rooms
- Two units have been used as short‑term rentals
- Basement apartment includes a private entrance
- Utilities include public water; heating is natural gas forced air
- Appliances include range/oven and refrigerator; roof is composition
Overview
The property is located close to F.E. Warren Air Force Base, providing convenient access for tenants. With three separate apartments, the building supports flexible use across long-term and short-term occupancy strategies.
For buyers seeking an income-producing residential property, this configuration offers multiple rental units within a single all-brick building. The presence of a basement apartment with its own entrance can be appealing for tenants who prefer independent access, and the prior short-term use of two units may support operators looking for versatility in how apartments are marketed and occupied. Investors and owner-occupants can review the unit mix and make plans for either maintaining the current rental approach or adjusting based on their operating goals.
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 | $37.1k | $15.36 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $35.1k | $14.52 |
| − OpEx | −$10.5k | −$4.35 |
| NOI | $24.5k | $10.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.834289
- Latitude
- 41.141999
