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    Cheyenne, WY
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    Cheyenne, WY Residential Income Properties for Sale

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    Laramie, WY Cokeville, WY Carpenter, WY Burns, WY Carr, CO Hillsdale, WY Granite Canon, WY Nunn, CO
    40 properties
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    10-Unit Apartment Building
    Updated: Jun 29
    10-Unit Apartment Building

    1621 EVANS AVE, Cheyenne, WY 82001

    $500,000
    4,203 sqft 0.10 AC lot
    10‑unit property with a mix of 1‑bedroom units and studios
    Built in 1917
    Natural gas forced‑air heating
    Public water source
    Patio included
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    This listing looks promising.

    Here's a quick look at some key insights for

    1621 EVANS AVE, Cheyenne, WY 82001

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $118K
      Jan 2022

    • Last Sold

      May 2009
      $378K

    • Property Type

      Apartment House
      Built 1917
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    Single-Level Triplex with 4 Units
    Updated: Jul 20
    Single-Level Triplex with 4 Units

    503 E 2ND ST, Cheyenne, WY 82007

    $550,000
    2,640 sqft 0.29 AC lot
    Single‑level triplex offering 4 distinct units, including 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
    832 sq ft steel building on its own lot that can generate additional income of $800 to $1,000 per month
    Built in 1956 with block and concrete construction materials
    Heating: natural gas forced air; water source: public
    Apartment legal description: Cheyenne lots 10 and 11, block 785
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    Two-House Residential Income Property
    Two-House Residential Income Property

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

    $550,000
    1,468 sqft 0.17 AC lot

    Two separate homes on individual lots plus an additional empty lot, both recently updated with new luxury vinyl flooring and paint.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    743 W 2ND ST, Cheyenne, WY 82007

    $775,000
    3,320 sqft

    Four clean, separate-utility units with in-unit laundry and 1.5 baths each, offering flexible owner-occupy or rental options.

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    Turnkey Cheyenne Mixed-Use Opportunity
    Turnkey Cheyenne Mixed-Use Opportunity

    2200 Logan Ave, Cheyenne, WY 82001

    $799,000
    3,888 sqft

    Renovated commercial space with residential units, generating $6,059/month.

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    Turnkey Mixed-Use Property with Coworking
    Turnkey Mixed-Use Property with Coworking

    2200 LOGAN AVE, Cheyenne, WY 82001

    $799,000
    3,888 sqft 0.13 AC lot

    Renovated main-floor coworking workspace with private-access residential apartments, roof replacement, and flexible month-to-month commercial leases.

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    Well-Maintained Fourplex Building
    Well-Maintained Fourplex Building

    1217 TAFT AVE, Cheyenne, WY 82001

    $749,900
    3,952 sqft

    Each unit offers two bedrooms, a full bath, and in-unit washer/dryer, supported by separately metered utilities and off-street parking.

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    Fourplex Condominium Income Property
    Fourplex Condominium Income Property

    511 W 6TH ST, Cheyenne, WY 82007

    $799,000
    3,510 sqft 0.28 AC lot

    Fully occupied fourplex with four individually titled condominium units and leases in place through August 31, 2026.

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    Apartment Building For Sale
    Apartment Building For Sale

    1103 OLD TOWN LN 201, Cheyenne, WY 82009

    $1,850,000
    8,177 sqft

    Apartment building available for sale in Cheyenne, Wyoming, offering residential income-focused ownership.

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    Fourplex Residential Income Property
    Fourplex Residential Income Property

    1231 TAFT AVE, Cheyenne, WY 82001

    $749,900
    3,952 sqft

    Well-maintained 4-plex with four 3-bed, 2-bath units, each with washer/dryer and gas fireplaces.

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    Duplex Income Property
    Duplex Income Property

    2545 E 9TH ST, Cheyenne, WY 82001

    $1,350,000
    7,528 sqft

    For sale duplex income property totaling 7,528 square feet in Cheyenne, Wyoming.

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    All-Brick Triplex with Three 1-Bed Units
    All-Brick Triplex with Three 1-Bed Units

    3016 DEY AVE, Cheyenne, WY 82001

    $410,000
    2,416 sqft 0.05 AC lot

    All-brick triplex offering three 1-bedroom, 1-bath apartments, including a basement unit with a private entrance.

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    SouthPark Duplex with Two Garages
    SouthPark Duplex with Two Garages

    733 W 3RD ST, Cheyenne, WY 82007

    $575,000
    1,477 sqft

    Duplex offers two 3-bedroom, 2.5-bath units, each with a 2-car garage for flexible owner-occupancy or rental.

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    Quadplex Income Property
    Quadplex Income Property

    Lots 1-3 RALEIGH DR, Cheyenne, WY 82001

    $1,245,000
    5,100 sqft

    For sale 5,100-square-foot residential income asset in Cheyenne, Wyoming, suited to buyers building a small multifamily portfolio.

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    Tri-Plex Residential Income Property
    Tri-Plex Residential Income Property

    1008 E 23RD ST, Cheyenne, WY 82001

    $385,000
    2,861 sqft 0.13 AC lot

    Tri-plex with three rental units, including a main-level two-bedroom and a basement one-bedroom.

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    Duplex With Private Laundry
    Duplex With Private Laundry

    3410 GREEN CT, Cheyenne, WY 82009

    $440,000
    2,000 sqft 0.31 AC lot

    Two-unit duplex with full kitchens, private washer and dryer, and an oversized two-car garage plus off-street parking.

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    Triplex with Month-to-Month Leases
    Triplex with Month-to-Month Leases

    4202-4204 Cheyenne Street, Cheyenne, WY 82001

    $429,000
    3,170 sqft 1.00 AC lot

    Side-by-side duplex plus additional 3-bed/2-bath structure, currently fully rented with month-to-month leases.

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    Fourplex Income Property
    Fourplex Income Property

    1515 OXFORD DR, Cheyenne, WY 82001

    $635,000
    3,570 sqft 0.23 AC lot

    Four fully rented units offer two-bedroom, one-bath layouts in a compact residential income property.

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    Flexible Property on Skyview Airpark
    Flexible Property on Skyview Airpark

    3666 Aviator Ct, Cheyenne, WY 82009

    $940,000
    7,000 sqft

    Built in 2023, suitable for office, warehouse, or residential.

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    Corner-Lot Duplex
    Corner-Lot Duplex

    208 RUSSELL AVE, Cheyenne, WY 82007

    $330,000
    1,560 sqft 0.15 AC lot

    Two-unit duplex with separate fenced yards, shared laundry access, and leases in place through April 2027.

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    Turnkey Automotive Office and Shop
    Turnkey Automotive Office and Shop

    601 E Lincolnway, Cheyenne, WY 82001

    $690,000
    3,572 sqft

    Updated exterior and interior with separate office, shop, and garage entrances plus an upstairs one-bedroom apartment.

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    Flex Property with Hangar Space
    Flex Property with Hangar Space

    3666 AVIATOR CT, Cheyenne, WY 82009

    $940,000
    7,000 sqft 1.37 AC lot

    Built in 2023 with a heated shop, duplex apartments, and a hangar featuring a powered bi-fold door.

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    Mixed-Use Income Multi-Unit Property
    Mixed-Use Income Multi-Unit Property

    100 E 28TH ST, Cheyenne, WY 82001

    Contact for pricing
    3,362 sqft

    Flexible multi-dwelling setup with a converted carriage house and existing monthly income potential in a mixed-use zone.

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    Flex Property with Airpark Hangar
    Flex Property with Airpark Hangar

    3666 AVIATOR CT, Cheyenne, WY 82009

    $940,000
    7,000 sqft 1.37 AC lot

    Built in 2023, the property includes two separate 2-bedroom units plus heated shop and hangar space.

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    Cheyenne, WY Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Cheyenne, WY, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 123,570 square feet of properties for sale, with an estimated market value of $29,297,700.

    Sale prices for residential income properties in Cheyenne, WY start at $292,000, averaging $813,825, and reaching up to $4,480,000 — 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

    Multifamily properties 41
    Duplexes 12
    Quadplexes 12
    Apartment buildings 7
    Triplexes 6

    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
    82001 $582.4K
    82007 $685.1K
    82009 $813.2K

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Cheyenne, WY

    • 82001
    • 82007
    • 82009

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