Multifamily

Cheyenne, WY Multifamily Properties for Sale

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39 properties
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Duplex with Steel-Framed Shop
Updated: Sep 25
Duplex with Steel-Framed Shop

3507 CODY LN, Cheyenne, WY 82009

$950,000
5,552 sqft 4.40 AC lot
5,552‑square‑foot duplex on 4.4 acres; built in 2023
60‑by‑80‑foot steel‑framed shop with electricity and three 14‑foot overhead doors
Lower level has a full kitchen, separate entrance, living room, recreation room, two bedrooms, and full bathroom
Main level includes three bedrooms, a full bathroom, and an open living, dining, and kitchen area
1,200‑square‑foot concrete patio and fenced grounds
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Quadplex with Detached Garage
Updated: Oct 9
Quadplex with Detached Garage

1815 LILAC CT, Cheyenne, WY 82001

$529,000
3,870 sqft 0.63 AC lot
Four units with two 1‑bedroom/1‑bathroom layouts, one 3‑bedroom/1‑bathroom layout, and one 3‑bedroom/2‑bathroom layout
3,870 square feet on a 0.63‑acre lot
Detached garage accommodates 2+ cars
2026 composition roof and steel siding
New LVP flooring, with kitchen and bathroom updates
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Four-Unit Condominium Property
Four-Unit Condominium Property

511 W 6TH ST, Cheyenne, WY 82007

$760,000
3,510 sqft 0.28 AC lot

Separate condominium titles accompany shared association coverage for building insurance, utilities, reserves, and exterior maintenance.

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Updated Quadplex with Detached Garage
Updated Quadplex with Detached Garage

1815 Lilac Ct, Cheyenne, WY 82001

$529,000
3,870 sqft 0.63 AC lot

Four occupied apartments feature a mix of one- and three-bedroom layouts on a sizable parcel.

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4-Unit Apartment Building
4-Unit Apartment Building

402 MILLER LN, Cheyenne, WY 82009

$620,000
3,952 sqft 0.05 AC lot

Four two-bedroom residences include individual fireplaces, washers, dryers, and off-street parking.

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Updated Duplex Property
Updated Duplex Property

817 & 819 W 9TH ST, Cheyenne, WY 82007

$550,000
1,468 sqft 0.42 AC lot

Two separate homes share an additional vacant lot and include refreshed interiors with central heating.

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Single-Level Triplex with Steel Building
Single-Level Triplex with Steel Building

503 E 2ND ST, Cheyenne, WY 82007

$540,000
2,640 sqft 0.29 AC lot

Three apartment layouts are complemented by a separate steel building on its own lot.

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Updated Quadplex
Updated Quadplex

1617 Converse Ave, Cheyenne, WY 82001

$510,000
2,225 sqft

Three occupied residences provide current rental income, while a fourth unit is vacant and ready for updates.

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Four-Unit Brick Apartment Building
Four-Unit Brick Apartment Building

1617 CONVERSE AVE, Cheyenne, WY 82001

$510,000
2,225 sqft 0.13 AC lot

Three apartments are occupied; the remaining unit is vacant and requires updating.

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

1412 MADISON AVE, Cheyenne, WY 82001

$465,000
3,272 sqft 0.31 AC lot

Two vacant residences offer flexible owner-occupant, rental, and multigenerational living arrangements.

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2023 Flex Property with Hangar
2023 Flex Property with Hangar

3666 Aviator Ct, Cheyenne, WY 82009

$940,000
7,000 sqft

Mixed-use configuration combines two apartment units with heated shop and aviation-oriented hangar space.

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Duplex with RV Parking
Duplex with RV Parking

2221 E PERSHING BLVD, Cheyenne, WY 82001

$235,000
1,422 sqft 0.14 AC lot

The two-unit layout pairs a two-bedroom upper residence with a one-bedroom lower residence.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

2200 LOGAN AVE, Cheyenne, WY 82001

$790,000
3,888 sqft 0.13 AC lot

Flexible commercial workspace with separate residential apartments and detached garage in a multi-tenant configuration.

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Single-Level Triplex with Steel Building
Single-Level Triplex with Steel Building

503 E 2nd St, Cheyenne, WY 82007

$540,000
2,640 sqft

Single-level multifamily property with three apartment layouts and a separate steel building on its own lot.

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Fenced-Yard Duplex
Fenced-Yard Duplex

3326 ALEXANDER AVE, Cheyenne, WY 82001

$325,000
1,536 sqft 0.13 AC lot

Three-bedroom property with decks, alley access, and a landscaped backyard with storage.

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Brick Duplex with Two-Car Garage
Brick Duplex with Two-Car Garage

3410 GREEN CT, Cheyenne, WY 82009

$420,000
2,000 sqft 0.31 AC lot

Two residences offer full kitchens, private washers and dryers, and off-street parking near grocery shopping and other amenities.

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Duplex with RV Parking
Duplex with RV Parking

2221 E Pershing Blvd, Cheyenne, WY 82001

$235,000
1,422 sqft

Two separate living spaces are complemented by a carport, garage, workshop, and fenced outdoor area.

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Four-Unit Three-Bedroom Quadplex
Four-Unit Three-Bedroom Quadplex

1231 TAFT AVE, Cheyenne, WY 82001

$749,900
3,952 sqft

Separately metered residences feature gas fireplaces, decks, appliances, and dedicated off-street parking.

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Three-Lot Multifamily Property
Three-Lot Multifamily Property

817 & 819 W 9th St, Cheyenne, WY 82007

$550,000
1,468 sqft

Two updated homes and an additional vacant lot create a small residential income property with expansion potential.

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Quadplex with Gas Fireplaces
Quadplex with Gas Fireplaces

1217 TAFT AVE, Cheyenne, WY 82001

$749,900
3,952 sqft

Four matching apartments feature two bedrooms, one bathroom, appliances, washer/dryer units, and private outdoor decks.

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Furnished Two-Unit Duplex
Furnished Two-Unit Duplex

2504 E 12TH ST, Cheyenne, WY 82001

$409,999
1,696 sqft

Two separate residences are furnished and supported by a shared garage and enclosed yard.

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Furnished Duplex with Garage
Furnished Duplex with Garage

2504 E 12TH ST, Cheyenne, WY 82001

$409,999
1,696 sqft 0.15 AC lot

Both residences come furnished, with a fenced yard and separate mechanical room.

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Duplex with Private Laundry
Duplex with Private Laundry

3410 Green Ct, Cheyenne, WY 82009

$420,000
2,000 sqft

Two-unit property with individual kitchens, in-unit laundry, a detached garage, and off-street parking near grocery shopping.

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Triplex with Attached Garage
Triplex with Attached Garage

1008 E 23RD ST, Cheyenne, WY 82001

$385,000
2,861 sqft 0.13 AC lot

Three residential units include a two-bedroom main-level apartment and two one-bedroom apartments.

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Cheyenne, WY Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Cheyenne, WY, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 151,463 square feet of properties for sale, with an estimated market value of $26,355,593.

Sale prices for multifamily properties in Cheyenne, WY start at $235,000, averaging $693,568, and reaching up to $2,249,995 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 14
Duplexes 13
Apartment buildings 4
Triplexes 4
Mobile home & RV parks 2

Demographics Overview

Population 96K
Population Growth (5Y) -1.7%
Median Household Income $80,489
College Educated 14.4%

High-Yield Neighborhoods for Investment

Identify Cheyenne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
82007 $647.1K
82001 $703.4K
82009 $991.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Laramie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Laramie County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Cheyenne fall within the 100,000+ square foot range.

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