$375,000
SOLD MAY 30, 2025
Last list price
4 Beds
2 Baths
2,308 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

112 Days on Market

Highlights

  • Forced Air Heating System
  • Washer and Dryer
  • 1-minute walk to Robert Rhone Memorial Park
  • Garage

About This Home

As of May 2025

This charming duplex is perfectly situated in the heart of downtown Cheyenne, offering incredible convenience and appeal for tenants. Each unit features 2 spacious bedrooms and 1 full bath, making it an ideal rental property or multi-generational living space. The basement has been recently updated with fresh paint, flooring and brand new stainless steel appliances. Both units include their own washer and dryer for tenant convenience. The large kitchens feature ample cabinet storage and pantries. Tenants are billed back for monthly utility costs, enhancing the property’s cash flow potential for owners. The property is professionally managed and fully rented with long-term leases, offering a turnkey addition to your rental portfolio. This is a rare opportunity to own a well-maintained, income-producing property in a prime location. Whether you're looking to expand your portfolio or start investing in real estate, this duplex is a must-see!

Last Agent to Sell the Property

Mariah Jeffery

Coldwell Banker, The Property Exchange Listed on: 12/18/2024

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Lexi Leckemby

Coldwell Banker, The Property Exchange License #RE-16148

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1935

Parking

  • Garage

Home Design

  • 2,308 Sq Ft Home
  • Duplex
  • Composition Roof

Additional Features

  • Oven or Range
  • Washer and Dryer
  • 5,000 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electricity, gas, garbage removal, sewer, water

Community Details

Overview

  • 2 Units
  • City Of Cheyenne Subdivision

Building Details

  • Gross Income $26,220
  • Net Operating Income $14,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,226

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5,000
  • Type: Duplex
  • Annual Income: 26220
  • Total Sq Ft: 2308
  • Vacancy Percentage: 5
  • Taxes: 2,226.09
  • Tax Year: 2024
  • Year Built: 1935
  • Earnest Money Payable To: Coldwell Banker: TPE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Washer/Dryer Included
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 1134

Exterior Features

  • Acreage: 0.11
  • Construction: Block
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Garage(s)

Utilities

  • Sewer: City Sewer

Rental Info

  • Owner Pays: Electricity, Gas, Garbage Removal, Sewer, Water

Multi Family

  • No. of Units: 2
  • Annual Expenses: 11906
  • Net Operating Income: 14314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
May 28, 2025
Sold by
Osullivan Kerry Lynn
Bought by
Khordoc Andre and Khordoc Cindy
Seller's Agent
Mariah Jeffery
Coldwell Banker, The Property Exchange
Buyer's Agent
Lexi Leckemby
Coldwell Banker, The Property Exchange
List Price
$375,000
Views
157
Current Estimated Value
$360,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.65%

Purchase Details

Listed on
Dec 6, 2019
Closed on
Mar 11, 2021
Sold by
Reverse Mortgage Solutions Inc
Bought by
Osullivan Kerry Lynn
Seller's Agent
Max Minnick
Pine Rock Realty
Buyer's Agent
Patrick Graham
eXp Realty, LLC
List Price
$218,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$185,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 4, 2021
Sold by
Reverse Mortgage Solutions Inc
Bought by
Sullivan Kerry Lynn O
Seller's Agent
Max Minnick
Pine Rock Realty
Buyer's Agent
Patrick Graham
eXp Realty, LLC
List Price
$218,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
Andrews Philip G
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Dec 1, 2003
Sold by
Andrews Vernetta G and Andrews Vernetta
Bought by
Andrews Philip G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American
Special Warranty Deed -- First American Title
Special Warranty Deed -- First American Title
Special Warranty Deed -- First American
Sheriffs Deed $223,956 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,250 New Conventional
Previous Owner $185,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold -- -- --
04/09/2025 04/09/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $375,000 +82.9% $162 / Sq Ft
03/11/2021 03/11/21 Sold -- -- -- View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
11/30/2020 11/30/20 Price Changed $205,000 -6.2% $87 / Sq Ft
06/30/2020 06/30/20 For Sale $218,500 0.0% $93 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $218,500 -10.0% $93 / Sq Ft
04/23/2020 04/23/20 Price Changed $242,725 +11.6% $103 / Sq Ft
03/17/2020 03/17/20 Price Changed $217,550 -5.0% $93 / Sq Ft
03/09/2020 03/09/20 For Sale $229,000 0.0% $98 / Sq Ft
03/06/2020 03/06/20 Off Market -- -- --
12/06/2019 12/06/19 For Sale $229,000 -- $98 / Sq Ft
Source: Cheyenne Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,226 $23,792 $2,939 $20,853
2024 $2,226 $31,482 $3,919 $27,563
2023 $2,370 $33,517 $3,919 $29,598
2022 $2,014 $27,900 $3,919 $23,981
2021 $1,715 $23,702 $3,919 $19,783
2020 $1,755 $24,322 $3,919 $20,403
2019 $1,676 $23,217 $3,919 $19,298
2018 $1,486 $20,771 $3,183 $17,588
2017 $1,454 $20,148 $3,183 $16,965
2016 $1,153 $18,976 $2,898 $16,078
2015 $1,115 $18,438 $2,898 $15,540
2014 $996 $16,701 $2,898 $13,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 95642

Cheyenne Board of REALTORS®

APN: 1-6987-0022-0007-0