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Investment - Homes for Sale in Cheyenne, WY

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  • /23

    $550,000

    • 6 Beds
    • 3 Baths
    • 2,640 Sq Ft

    503 E 2nd St, Cheyenne, WY 82007

    Expand your investment portfolio with this versatile single level triplex offering 4 distinct units to appeal to a wide range of tenants. The property includes a 1 bedroom, 2 bedroom and 3 bedroom apartment and a 832 sq ft steel building on a its own lot that would bring in additional income of $800 to $1000 a month. Apartment legal: CHEYENNE: LOTS 10 AND 11, BLOCK 785 Garage legal: CHEYENNE:

    Agent Photo

    Patrick Graham

    eXp Realty, LLC

    503 E 2nd St, Cheyenne, WY 82007
  • /32

    $479,900

    • 6 Beds
    • 4 Baths
    • 3,272 Sq Ft

    1412 Madison Ave, Cheyenne, WY 82001

    Welcome to 1412 Madison Avenue, a spacious and beautifully updated duplex offering two distinct living units and exceptional flexibility for homeowners and investors alike. With approximately 3,272 total square feet, separate utilities, and both units currently vacant, this property is ready for immediate occupancy, rental, or a combination of both. The larger unit offers approximately 2,384

    Agent Photo

    JP Fluellen

    Real Broker, LLC

    1412 Madison Ave, Cheyenne, WY 82001
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 6,098 Sq Ft
    • $414,286 per Acre

    TBD Lot 38 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 38 Panorama Dr, Cheyenne, WY 82009
  • /13

    $912,000

    • Land
    • 41,382 Sq Ft
    • $960,000 per Acre

    Lot 1 Block 2 N College Dr, Warren Air Force Base, WY 82001

    Seize this rare chance to acquire a versatile 0.95-acre commercial lot ideally situated on North College Drive in the heart of Cheyenne. Zoned CB, Community Business, this parcel offers exceptional flexibility for developers and investors seeking high-density residential projects or adaptive commercial ventures. Key Features & Development Potential: Zoning & Uses: - Zoned CB, Community Business,

    Mariah Jeffery Coldwell Banker, The Property Exchange

    Lot 1 Block 2 N College Dr, Warren Air Force Base, WY 82001
  • /5

    $385,000

    • 4 Beds
    • 3 Baths
    • 2,861 Sq Ft

    1008 E 23rd St, Cheyenne, WY 82001

    Investment Opportunity! Great Central location on this spacious Tri-Plex in the heart of Cheyenne. Across the street from Poder Academy, close to Hospital and Warren Air Force Base. Unit 1 on the main level is a roomy two bedroom with personality & charm. Boasts hardwood floors, updated bathroom, kitchen with coffee bar & formal dining room. Let’s not forget the airy sunroom with south facing

    Allee Williamson RE/MAX Capitol Properties

    1008 E 23rd St, Cheyenne, WY 82001
  • /14

    $696,960

    • Land
    • 3.5 Acres
    • $199,131 per Acre

    TBD Snyder Ave, Cheyenne, WY 82007

    Don’t miss this exceptional opportunity to acquire 3.5 acres of highly developable land, strategically located just off Snyder Avenue and adjacent to the established Pinewood Village Apartments. Situated in a growing and well-connected area near Romero Park, this property offers strong potential for a high-density residential development in one of the region’s most promising submarkets.

    James Bowers Coldwell Banker, The Property Exchange

    TBD Snyder Ave, Cheyenne, WY 82007
  • /15

    $230,000

    • 2 Beds
    • 1 Bath
    • 868 Sq Ft

    305 Western Hills Blvd Unit B, Cheyenne, WY 82009

    This beautifully maintained upper-level condo offers comfort, convenience, and thoughtful updates making it a wonderful owner-occupied home or investment property. Inside, you’ll find stylish luxury vinyl plank flooring, updated bathroom, abundant natural light, and a cozy wood-burning fireplace perfect for Wyoming evenings. Enjoy reasonable electric bills and a low-maintenance lifestyle with an

    Shari Webb #1 Properties

    305 Western Hills Blvd Unit B, Cheyenne, WY 82009
  • /9

    $100,000

    $39K PRICE DROP
    • Land
    • 8,276 Sq Ft
    • $526,316 per Acre

    TBD Lot 44 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 44 Panorama Dr, Cheyenne, WY 82009
  • /20

    $150,000

    • 2 Beds
    • 2,264 Sq Ft

    1114 W 20th St, Cheyenne, WY 82001

    Opportunity is knocking at 1114 W. 20th St.! Situated on a spacious third of an acre in an established Cheyenne neighborhood, this property offers incredible potential for those looking to build, invest, or create something truly their own. With lot sizes like this becoming harder to find, the possibilities here are wide open—whether you’re envisioning a new construction home, a renovation

    Mary Knox Coldwell Banker, The Property Exchange

    1114 W 20th St, Cheyenne, WY 82001
  • /35

    $440,000

    Open Sat 12PM - 1:30PM
    • 5 Beds
    • 2 Baths
    • 2,846 Sq Ft

    3533 Mccomb Ave, Cheyenne, WY 82001

    Welcome to a rare opportunity in Cheyenne’s highly sought-after Avenues. This 1958 blonde brick, two-owner home blends timeless mid-century modern character with incredible potential. Ideally located adjacent to Lions Park and Frontier Park, and just three blocks from the world-renowned Cheyenne Frontier Days, this property offers both lifestyle and investment appeal. With easy access to I-25 and

    Jamie Hunt #1 Properties

    3533 Mccomb Ave, Cheyenne, WY 82001
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 6,969 Sq Ft
    • $362,500 per Acre

    TBD Lot 34 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 34 Panorama Dr, Cheyenne, WY 82009
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 6,969 Sq Ft
    • $362,500 per Acre

    TBD Lot 40 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 40 Panorama Dr, Cheyenne, WY 82009
  • /16

    $800,000

    • Land
    • 3.85 Acres
    • $207,792 per Acre

    5606 Dell Range Blvd, Cheyenne, WY 82009

    Positioned in one of Cheyenne’s most highly sought-after and rapidly expanding corridors, this premium 3.85-acre parcel offers unparalleled potential for forward-thinking developers, investors, or corporate users. Boasting exceptional visibility and seamless access right off Dell Range Boulevard, this expansive and highly usable lot represents a rare blank canvas in a high-traffic commercial and

    James Bowers Coldwell Banker, The Property Exchange

    5606 Dell Range Blvd, Cheyenne, WY 82009
  • /16

    $620,000

    • 8 Beds
    • 4 Baths
    • 3,744 Sq Ft

    1749 Oxford Dr, Cheyenne, WY 82001

    This four-plex at 1749 Oxford Drive offers a consistent investment opportunity in central Cheyenne. Each of the four units is designed with a practical two-bedroom, one-bathroom floor plan, featuring galley-style kitchens and living areas that maximize the interior square footage. The building features a classic brick exterior and provides off-street parking for residents, along with the added

    Colton Carlson Coldwell Banker, The Property Exchange

    1749 Oxford Dr, Cheyenne, WY 82001
  • /27

    $270,000

    • 2 Beds
    • 2 Baths
    • 1,104 Sq Ft

    2006 E 16th St, Cheyenne, WY 82001

    Charming and efficient! This 2 bedroom, 2 bath home is in a convenient location, close to schools, shopping, and parks. Bright living area, updated kitchen with butcher block counters and stainless steel appliances, stylish tile in both bathrooms, and a touch of rustic charm with custom pocket doors. Totally renovated in 2020, including electrical service, appliances, flooring, cabinetry, and

    Heather Mendoza #1 Properties

    2006 E 16th St, Cheyenne, WY 82001
  • /36

    $500,000

    $15K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 3,140 Sq Ft

    3321 Warren Ave, Cheyenne, WY 82001

    Some homes simply have a story to tell, and this charming 1920 one-and-a-half-story home is ready for its next chapter. From the inviting enclosed front sunroom—perfect for morning coffee, rainy afternoons, or curling up with a good book—to the timeless architectural details that only a home of this era can offer, you'll quickly fall in love with its warmth and character. While the vintage charm

    Stephanie Dalton Keller Williams Realty Frontier

    3321 Warren Ave, Cheyenne, WY 82001
  • /4

    $365,000

    • Land
    • 20,908 Sq Ft
    • $760,417 per Acre

    L8-12,B35 Big Meadow Dr, Cheyenne, WY 82007

    Rocking A at Sweetgrass is the place to be! Individually priced lots at $73,000 each sold together in buildings as a connected property. 5 Unit Townhome Building. Modern Farmhouse design guidelines in Associated Docs. Phase one lots are shovel ready with Phase 2, 3 & 4 on a rolling construction schedule. Sweetgrass enjoys a robust trails network and City Greenway space...Ultimately over $1m

    Larry Sutherland #1 Properties

    L8-12,B35 Big Meadow Dr, Cheyenne, WY 82007
  • /27

    $795,000

    • Land
    • 16.3 Acres
    • $48,773 per Acre

    8420 E Pershing Blvd, Cheyenne, WY 82009

    Exceptional development and investment opportunity featuring three Laramie County tracts totaling expansive acreage in one of the area's fastest-growing corridors. Ideally situated with convenient Interstate access and surrounded by expanding commercial and industrial development, this property offers outstanding visibility, accessibility, and long-term investment potential. Located within the LU

    Tracy Wilson Century 21 Bell Real Estate

    8420 E Pershing Blvd, Cheyenne, WY 82009
  • /15

    $288,000

    Open Sun 11AM - 1PM
    • 3 Beds
    • 3 Baths
    • 1,428 Sq Ft

    601 W 3rd St, Cheyenne, WY 82007

    Investor Special with Incredible Potential! Bring your vision, your toolbox, and a little elbow grease to unlock the possibilities in this spacious 3-bedroom, 3-bath townhouse with a 2-car garage. Whether you’re looking to build equity, renovate for yourself, or take on your next investment or flip project, this home offers a fantastic opportunity. With generous living space and a functional

    Christine Goodman Live in Laramie Real Estate

    601 W 3rd St, Cheyenne, WY 82007
  • /22

    $360,000

    • 3 Beds
    • 2 Baths
    • 2,392 Sq Ft

    4400 Everton Dr, Cheyenne, WY 82009

    Great Investment property or first time home buyer located in North Cheyenne. Home sits on a large corner lot with mature landscaping. Open floor plan with your living, dining and kitchen all visible to each other, there is a breakfast bar in addition to the separate dining area. Three bedrooms on the main floor and a primary bath. Downstairs has a great room that only needs carpet or your

    Dana Diekroeger Century 21 Bell Real Estate

    4400 Everton Dr, Cheyenne, WY 82009
  • /36

    $1,099,999

    • Studio
    • 5,328 Sq Ft

    600 Central Ave, Cheyenne, WY 82007

    Explore this renovated 17-unit complex, strategically positioned just moments away from the bustling highway and downtown Cheyenne. Whether you're an astute investor aiming to tap into the thriving short-term rental market or seeking a strategic investment in traditional apartment accommodations, this property offers limitless potential to cater to a diverse range of tenants.

    Colton Carlson Coldwell Banker, The Property Exchange

    600 Central Ave, Cheyenne, WY 82007
  • /17

    $2,249,995

    • 12 Beds
    • 12 Baths
    • 11,900 Sq Ft

    1420-1432 Big Meadow Dr, Cheyenne, WY 82009

    Investment opportunity! 5 twin home units available for purchase. Can be purchased as a package or individually. Individual price is $449,999. Large units with large bedroom sizes. 3 bedrooms 2.5 baths and a 2 car garage. Quality construction and a great location. Photos have been virtually staged.

    Dave Coleman #1 Properties

    1420-1432 Big Meadow Dr, Cheyenne, WY 82009
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 6,098 Sq Ft
    • $414,286 per Acre

    TBD Lot 35 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 35 Panorama Dr, Cheyenne, WY 82009
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 7,840 Sq Ft
    • $322,222 per Acre

    TBD Lot 36 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 36 Panorama Dr, Cheyenne, WY 82009
  • /13

    $635,000

    • 8 Beds
    • 4 Baths
    • 3,570 Sq Ft

    1515 Oxford Dr, Cheyenne, WY 82001

    Fantastic Investment Opportunity. Conveniently located. Fully rented with four, two-bedroom, 1-bath.

    Darby Murphy #1 Properties

    1515 Oxford Dr, Cheyenne, WY 82001
  • /2

    $500,000

    • Studio
    • 4,203 Sq Ft

    1621 Evans Ave, Cheyenne, WY 82001

    Great investment opportunity with 10 units comprised of 1-bedrooms and studios. Please contact agent for showings, as they are by appointment only.

    Kari Farley #1 Properties

    1621 Evans Ave, Cheyenne, WY 82001
  • /34

    $410,000

    • 3 Beds
    • 3 Baths
    • 2,416 Sq Ft

    3016 Dey Ave, Cheyenne, WY 82001

    Great rental history on this all-brick investment property located close to F.E. Warren Air Force Base. This property offers three 1-bedroom, 1-bath apartments, each featuring an eat-in kitchen and a nice-sized living room. Two of the units have been used as short-term rentals, providing added flexibility and income potential. The basement apartment offers a private entrance, making it a great

    Jeremy Hamilton #1 Properties

    3016 Dey Ave, Cheyenne, WY 82001
  • /30

    $375,000

    $54K PRICE DROP
    • 3,170 Sq Ft

    4202 & 4204 Cheyenne St, Cheyenne, WY 82001

    Discover an investment opportunity in a great location! Situated on a spacious 1-acre lot just off the bustling Pershing Blvd and College Drive intersection, this well-positioned triplex offers both immediate income and exciting future potential. The property features a side-by-side duplex, each unit offering 2 bedrooms and 1 bath with fenced yards. In addition, a second structure provides a

    Cody Clements One West Real Estate

    4202 & 4204 Cheyenne St, Cheyenne, WY 82001
  • /17

    $940,000

    • 4 Beds
    • 2 Baths
    • 7,000 Sq Ft

    3666 Aviator Ct, Cheyenne, WY 82009

    Here's an incredible opportunity for a flexible property built in 2023. It can be used as office, warehouse, investment for rental units or hangar space directly located on the 4000' grass air strip for Skyview Airpark. The building consists of two 1200 sq ft apartment units with separate entrances, 2 bedrooms and 1 bathroom, living room and kitchen. There's a 40X50 shop space that is heated and

    Steve Prescott RE/MAX Capitol Properties

    3666 Aviator Ct, Cheyenne, WY 82009
  • /5

    $299,000

    • Land
    • 4.25 Acres
    • $70,353 per Acre

    Lot 6 Tranquility Rd, Cheyenne, WY 82009

    A rare opportunity to own 4.25 acres in one of North Cheyenne's most sought-after close-in rural neighborhoods. Surrounded by established homes, mature landscaping, and wide-open Wyoming views, this exceptional homesite offers the perfect setting to build your dream home while enjoying the privacy and tranquility of country living just minutes from city conveniences. With plenty of room for a

    Bailey Wheeler Coldwell Banker, The Property Exchange

    Lot 6 Tranquility Rd, Cheyenne, WY 82009
  • /4

    $292,000

    • Land
    • 13,068 Sq Ft
    • $973,333 per Acre

    L43-46,B33 Open Range Rd, Cheyenne, WY 82007

    Rocking A at Sweetgrass is the place to be! Individually priced lots at $73,000 each sold together in buildings as a connected property. 4 Unit Townhome Building. Modern Farmhouse design guidelines in Associated Docs. Phase one lots are shovel ready with Phase 2, 3 & 4 on a rolling construction schedule. Sweetgrass enjoys a robust trails network and City Greenway space...Ultimately over $1m

    Larry Sutherland #1 Properties

    L43-46,B33 Open Range Rd, Cheyenne, WY 82007
  • /4

    $292,000

    • Land
    • 13,068 Sq Ft
    • $973,333 per Acre

    L3-6,B36 Big Meadow Dr, Cheyenne, WY 82007

    Rocking A at Sweetgrass is the place to be! Individually priced lots at $73,000 each sold together in buildings as a connected property. 4 Unit Townhome Building. Modern Farmhouse design guidelines in Associated Docs. Phase one lots are shovel ready with Phase 2, 3 & 4 on a rolling construction schedule. Sweetgrass enjoys a robust trails network and City Greenway space...Ultimately over $1m

    Larry Sutherland #1 Properties

    L3-6,B36 Big Meadow Dr, Cheyenne, WY 82007
  • /4

    $160,000

    $15K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 580 Sq Ft

    209 E 7th St, Cheyenne, WY 82007

    Why rent when you can buy a cute little bungalow on a great city lot, fenced for your dogs... Make this 1 bedroom, 1 bath yours with a spacious 1 car detached garage with alley access. A little tlc and this will make a nice starter home or investment. Brand New Roofs on both house and garage. Sewer replaced several years ago so not original to the house. Seriously, you can’t buy a stick built

    Allee Williamson RE/MAX Capitol Properties

    209 E 7th St, Cheyenne, WY 82007
  • /9

    $1,245,000

    • 9 Beds
    • 9 Baths
    • 5,100 Sq Ft

    Lots 1-3 Raleigh Dr, Cheyenne, WY 82001

    Excellent investment opportunity to purchase all three newly constructed townhomes as a package. Estimated completion is 9/30/26. Each unit will feature 3 bedrooms and 3 bathrooms, including a primary suite with a private bath. Designed with quality craftsmanship and attention to detail, these townhomes offer strong rental potential, low-maintenance living, and long-term value in a growing area.

    Bailey Wheeler Coldwell Banker, The Property Exchange

    Lots 1-3 Raleigh Dr, Cheyenne, WY 82001
  • /23

    $150,000

    $9K PRICE DROP
    • Land
    • 40.8 Acres
    • $3,676 per Acre

    Tr 1 & Tr 2 Barbwire, Cheyenne, WY 82009

    Discover an exceptional opportunity in Diamond B Estates just outside Cheyenne, Wy—where wide-open spaces, stunning high plains views, and peaceful country living come together. This unique offering was originally a 40-acre parcel that has been thoughtfully subdivided into two separate 20-acre tracts. Now, both parcels are being sold together—creating an incredible two-for-one value that’s hard

    Mary Knox Coldwell Banker, The Property Exchange

    Tr 1 & Tr 2 Barbwire, Cheyenne, WY 82009
  • /9

    $58,000

    $31K PRICE DROP
    • Land
    • 6,098 Sq Ft
    • $414,286 per Acre

    TBD Lot 39 Panorama Dr, Cheyenne, WY 82009

    Discover the perfect opportunity for your dream project with these vacant lots located on Panorama Drive in beautiful Cheyenne, WY! Available lots 34-44 offer a prime investment in a serene setting with stunning views and easy access to local amenities. Whether you're looking to build a new home or invest in real estate, these lots are ready for your vision. Don't miss out on this fantastic

    Jennifer Belmont RE/MAX Capitol Properties

    TBD Lot 39 Panorama Dr, Cheyenne, WY 82009
  • /20

    $330,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    208 Russell Ave, Cheyenne, WY 82007

    Investment opportunity with strong rental potential in Cheyenne! This duplex at 208 Russell Ave offers flexibility for buyers looking for a property with income potential. Situated on a large corner lot, the property features ample off-street parking, two 1-car garages, and separate fenced yards for each unit, providing added privacy and convenience for tenants. Each unit offers 2 bedrooms and 1

    Tammy Facemire RE/MAX Capitol Properties

    208 Russell Ave, Cheyenne, WY 82007

Home Price Trends

Median Sale Price
$408,499
Median Single Family Sale Price
$459,500
Median Townhouse Sale Price
$383,500
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$172,450
Average Price Per Sq Ft
$323
Number of Homes for Sale
116
Last 12 months Home Sales
586
Months of Supply
2.40
Median List Price
$439,949
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%
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