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    Multifamily Property with Acreage Title is generated by Realmo AI

    4202 Cheyenne St, Cheyenne, WY 82001

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    Three units in two buildings on a one-acre lot.

    Type:Multifamily
    Property size:
    3,170 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $135/SF
    Added:
    Mar 12, 2026
    Days on Market:
    114
    Last Refresh:
    Mar 19 at 10:54 pm

    Property Features for 4202 Cheyenne St

    General Information

    Standard status
    Active
    Size
    3,170 SF
    Lot size
    1.00 Acre
    Property subtype
    Multifamily

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    Dave Clements

    Listing office One West Real Estate

    Listing date Mar 12, 2026

    Source Crexi

    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 One West Real Estate

    HighLights

    • Multifamily Property
    • Features 3 Units
    • Situated on a Large 1+ Acre Lot
    • Includes 2 Buildings

    Overview

    This multifamily property features three units situated within two separate buildings. The property is located on a lot that is over one acre in size and contains a total of 3170 square feet of living space. This residential income property offers a unique investment opportunity.

    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 $48.7k $15.36
    − Vacancy −$2.7k −$0.84
    EGI $46.0k $14.52
    − OpEx −$13.8k −$4.35
    NOI $32.2k $10.16
    3,170 SF · lease $15.36/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $460.1K
    $402.6K – $536.8K (±1% cap)
    NOI $32,209 @ 7.0% cap · market cap 7.51%
    Second Best
    Apartment 5plus
    $415.2K
    $363.3K – $484.4K (±1% cap)
    NOI $29,063 @ 7.0% cap · market cap 6.77%
    Theoretical Best
    Retail
    $519.5K
    $454.5K – $606.0K (±1% cap)
    NOI $36,362 @ 7.0% cap · market cap 8.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Gym & Fitness Center Auto Parts Store Nail Salon Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.758417
    Latitude
    41.147891

    FAQs

    What type of property is this?
    Triplex - Three units in two buildings on a one-acre lot.
    Where is this triplex located?
    The property is located at 4202 Cheyenne St Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Multifamily Property; Features 3 Units; Situated on a Large 1+ Acre Lot
    More about this property
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