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Investment - Homes for Sale in Cheyenne, WY

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  • /2

    $130,000

    $15K PRICE DROP
    • Land
    • 4.77 Acres
    • $27,254 per Acre

    TR 51 Old Faithful Way, Cheyenne, WY 82009

    Wake up to sweeping views of the Rocky Mountains, wide-open skies, and unforgettable sunsets that paint the horizon in gold and crimson. This 4.77-acre tract offers the perfect blend of space, privacy and natural beauty-ideal for a custom home, retreat, or a long term investment.

    Agent Photo

    Barbara Kuzma

    Kuzma Success Realty

    (307) 227-6503

    TR 51 Old Faithful Way, Cheyenne, WY 82009
  • /29

    $440,000

    • 5 Beds
    • 2 Baths
    • 2,000 Sq Ft

    3410 Green Ct, Cheyenne, WY 82009

    Excellent duplex opportunity in a prime location with strong tenant appeal! Conveniently situated within walking distance to grocery shopping and nearby amenities, this well-cared-for property features two units in great condition, each offering a full kitchen and private washer and dryer. Tenants will appreciate the oversized 2-car garage and generous off-street parking options. With desirable

    Agent Photo

    Codee Dalton

    #1 Properties

    (307) 284-3306

    3410 Green Ct, Cheyenne, WY 82009
  • /10

    $449,000

    • 5 Beds
    • 3 Baths
    • 2,430 Sq Ft

    1841 Crook Ave, Cheyenne, WY 82001

    Good investment with good return. Great location. Very low vacancy rate. Possible Owner occupant situation.

    Agent Photo

    Kevin True

    RE/MAX Capitol Properties

    (307) 219-4831

    1841 Crook Ave, Cheyenne, WY 82001
  • /23

    $175,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    306 E 18th St Unit 307, Cheyenne, WY 82001

    Experience carefree urban living in this recently renovated 2 bed, 1 bath condo, perfectly positioned in the heart of downtown—right in the center of the action! Stroll effortlessly to the hospital, bustling downtown offices, county and state buildings, and all the vibrant energy the city has to offer. Enjoy off-street parking, an interior storage unit, and convenient on-site laundry with 3

    Mariah Jeffery Coldwell Banker, The Property Exchange

    306 E 18th St Unit 307, 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
  • /20

    $384,900

    • 4 Beds
    • 2 Baths
    • 1,931 Sq Ft

    1000 W 29th St, Cheyenne, WY 82001

    Investment Opportunity on a Double Lot! This versatile two-unit property sits on two city lots and offers excellent income potential or multi-generational living options. The main level unit features 3 bedrooms and 1 bathroom, complete with a spacious kitchen, large pantry, and separate breakfast nook. The basement unit includes 1 bedroom, 1 bathroom, a kitchenette, and a separate entrance,

    Krista Boyer Peak Properties, LLC

    1000 W 29th St, Cheyenne, WY 82001
  • /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
  • /30

    $400,000

    $29K 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
  • /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
  • /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
  • /6

    $387,000

    $13K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,861 Sq Ft

    1008 E 23rd St, Cheyenne, WY 82001

    Investment Opportunity! Great location on this spacious TRI-PLEX in the heart of Cheyenne. Unit 1 on main level is a very nice 2BR 1BA with lots of personality and charm. Boasts hardwood floors, updated bathroom, kitchen with coffee bar & formal dining room. Let’s not forget the awesome sunroom with south facing windows for lots of natural light...live in this one and rent the others, use as a

    Allee Williamson RE/MAX Capitol Properties

    1008 E 23rd St, Cheyenne, WY 82001
  • /35

    $440,000

    • 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
  • /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 offering three county tracts with Light Industrial (LI) zoning in a rapidly growing area with convenient nearby Interstate access and surrounding commercial and industrial development. This versatile property presents outstanding potential for a variety of uses including industrial, commercial, storage, contractor operations, equipment yard,

    Tracy Wilson Century 21 Bell Real Estate

    8420 E Pershing Blvd, Cheyenne, WY 82009
  • /16

    $630,000

    • 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
  • /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
  • /27

    $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
  • /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
  • /15

    $1,800,000

    • Land
    • 2.08 Acres
    • $865,385 per Acre

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

    Seize this rare opportunity to own a shovel-ready 2.08-acre vacant commercial lot with 2 water and sewer taps in a high-traffic location on N College Dr. With over 21,000 cars daily, this property offers unmatched visibility and accessibility, situated near the bustling intersection of E Pershing Blvd and N College Dr. Adjacent to the popular Maverick, this site is primed for development. Key

    Mariah Jeffery Coldwell Banker, The Property Exchange

    Lot 1 Block 1 N College Dr, Warren Air Force Base, WY 82001
  • /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
  • /35

    $524,900

    • 3 Beds
    • 3 Baths
    • 1,993 Sq Ft

    515 E 26th St, Cheyenne, WY 82001

    This turn-key investment has been renovated and ready to go! The property includes a 2 bedroom main house in the front, smaller one bedroom house in the back and a large garage with alley access. The property has been updated to include new kitchens, bathrooms, interior & exterior paint, new roofs, some new systems, new lighting fixtures and plumbing fixtures. This opportunity works great as a

    Steve Prescott RE/MAX Capitol Properties

    515 E 26th St, Cheyenne, WY 82001
  • /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
  • /10

    $649,000

    $26K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 3,632 Sq Ft

    1216 Taft Ave, Cheyenne, WY 82001

    Fantastic Investment Opportunity these four plex units are rarely on the market. This wonderful four plex is conveniently located. Fully rented with two bedroom 1 bath with individual laundry in each units. Off street parking.

    Allison Bailey #1 Properties

    1216 Taft Ave, Cheyenne, WY 82001
  • /30

    $375,000

    • 4 Beds
    • 3.5 Baths
    • 1,246 Sq Ft

    502 W 10th St, Cheyenne, WY 82007

    Investment Opportunity. The main house and the second house were both beautifully updated a few years ago. The main house has 3 bedrooms, 2 1/2 bathrooms, Living room, Office area, separate dining, pantry, kitchen and a really nice oversized 1 car garage. The yard is fenced and there is a sprinkler system. There is also a shed for storage. The smaller second house is a 1 bedroom, full bathroom

    Scott Foster #1 Properties

    502 W 10th St, Cheyenne, WY 82007
  • /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
  • /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
  • /11

    $799,900

    • 8 Beds
    • 8 Baths
    • 3,952 Sq Ft

    3216 Randy Rd, Cheyenne, WY 82001

    This is an ideal 4 plex in a great area with all the amenities that make a solid investment; Two bedrooms, two bathrooms, gas fireplaces, central air conditioning, maintenance-free siding, detached one car garages and landscaped grounds with a sprinkler system. All units are separately metered for gas and electricity. The owner pays for water, sewer and trash.

    Steve Prescott RE/MAX Capitol Properties

    3216 Randy Rd, Cheyenne, WY 82001
  • /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 Prices in Cheyenne, WY

Home Price Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$439,500
Median Townhouse Sale Price
$379,450
Median 2 Bedroom Sale Price
$269,000
Median 1 Bedroom Sale Price
$179,900
Average Price Per Sq Ft
$319
Number of Homes for Sale
112
Last 12 months Home Sales
598
Months of Supply
2.20
Median List Price
$429,999
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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