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    Fourplex Condominium Income Property Title is generated by Realmo AI

    511 W 6TH ST, Cheyenne, WY 82007

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    For Sale
    $799,000

    MULTI_FAMILY - Cheyenne, WY

    Property size:
    3,510 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $227/SF
    Added:
    May 1, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 511 W 6TH ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    11
    Bathrooms
    4
    Rooms
    Bedroom 7, Bedroom 10, Bedroom 11, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
    Patio and Porch features
    Patio
    Interior features
    Window Covering
    Exterior features
    Patio
    Appliances
    Dishwasher, Range/Oven, Refrigerator
    Standard status
    Active
    Size
    3,510 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    See in Addendum

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1972
    Number of units
    4
    Building materials
    Brick
    Roof type
    Composition

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    Listing Contact
    Nikki Dishneau

    Listing agent Nikki Dishneau

    Listing office eXp Realty, LLC 2617 E Lincolnway, Cheyenne, WY

    Listing date May 1, 2026

    MLS# 100645 Listing URL

    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

    • Fully occupied 4‑plex set up as four individually titled condominiums
    • All four leases in place through August 31, 2026; projected rent increases start September 1, 2026
    • HOA is $300/month for 3BR units and $280/month for the 2BR unit, covering building insurance, water, sewer, trash, reserve fund, and exterior maintenance
    • Improvements since October 2024 include two new furnaces and four AC coils for all units, plus full electrical upgrades
    • 4‑bay concrete parking pad and site regrading with French drain installation
    • HOA‑funded exterior work planned: rear vinyl siding on 511/513 to be replaced imminently, with remaining siding replacements by end of 2026

    Overview

    This for-sale multi-family property is a fourplex configured as four individually titled condominium units under the Stanfield Addition B3L1 Condominium Association. The community’s monthly HOA is $300 for each 3-bedroom unit and $280 for the 2-bedroom unit, and it covers building insurance, water, sewer, trash, reserve fund, and exterior maintenance. All four units are leased through August 31, 2026.

    The ownership structure allows flexibility, including holding all four units or selling individual units separately. At the September 1, 2026 lease renewal date, projected rents are identified for unit 513 and units 515/517, supporting a stated projection of $63,600 in total projected gross income. The seller notes that the buyer will become the sole board member of the association, with control over dues and how they are spent. The address is 511 W 6TH ST in Cheyenne, Wyoming, in Laramie County.

    Recent upgrades support ongoing operation, including two new furnaces and four AC coils for all units, full electrical upgrades with GFCIs, panel replacement, and exterior light fixtures, and site regrading with French drains. Additional improvements include a new 4-bay concrete parking pad, life-safety equipment in all units, a new bedroom window in unit 511, and exterior wall patching and sealing. Rear vinyl siding on the 511/513 building is scheduled for replacement imminently, with remaining siding planned for completion by end of 2026 funded from HOA reserves with no special assessment identified.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.813147
    Latitude
    41.122113

    FAQs

    What type of property is this?
    Quadplex - Fully occupied fourplex with four individually titled condominium units and leases in place through August 31, 2026.
    Where is this quadplex located?
    The property is located at 511 W 6TH ST Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Fully occupied 4‑plex set up as four individually titled condominiums; All four leases in place through August 31, 2026; projected rent increases start September 1, 2026; HOA is $300/month for 3BR units and $280/month for the 2BR unit, covering building insurance, water, sewer, trash, reserve fund, and exterior maintenance
    More about this property
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