1621 Richard Martin Dr Cheyenne, WY 82007
Estimated payment $5,120/month
Total Views
207
8
Beds
8
Baths
3,484
Sq Ft
$251
Price per Sq Ft
Highlights
- Central Air
- Washer and Dryer
- Carpet
About This Home
Discover a prime investment opportunity with this exceptional 4-plex located at 1621 Richard Martin Trail in the heart of Cheyenne. Built in 2022, this well-maintained property features four identical units, each offering two spacious bedrooms and two modern bathrooms. Key Features: - **Income Potential:** Generate approximately $6,000 per month in rental income. - **Modern Amenities:** Each unit is equipped with high-end finishes including granite countertops and stainless steel appliances. - **Convenient Living:** Enjoy the convenience of in-unit washers and dryers along with stylish laminate flooring throughout. - **Safety & Comfort:** The building includes a state-of-the-art Fire Suppression System and individual HVAC systems with air conditioning for optimal comfort year-round. - **Prime Location:** Situated on a corner lot within a vibrant community that boasts a new park featuring basketball courts, tennis courts, playgrounds, and scenic walking trails. This property offers not only an attractive return on investment but also the benefits of modern living in a sought-after neighborhood. Don't miss out on this fantastic investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,238
Year Built
- Built in 2022
Lot Details
- 10,309 Sq Ft Lot
- Front Yard Sprinklers
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 3,484 Sq Ft Home
- 2-Story Property
- Window Treatments
- Carpet
- Fire Sprinkler System
- Washer and Dryer
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- The owner pays for gas, garbage removal, sewer, water
Community Details
Overview
- 4 Units
- Harmony Valley Subdivision
Building Details
- Gross Income $71,400
- Net Operating Income $62
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,238 | $67,727 | $5,012 | $62,715 |
| 2024 | $4,238 | $59,936 | $5,012 | $54,924 |
| 2023 | $299 | $4,227 | $4,227 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $875,000 | 0.0% | $251 / Sq Ft |
| 04/04/2025 04/04/25 | Off Market | $1,500 | -- | -- |
| 03/10/2025 03/10/25 | For Rent | $1,500 | 0.0% | -- |
| 10/09/2024 10/09/24 | For Rent | $1,500 | 0.0% | -- |
| 05/03/2023 05/03/23 | Sold | -- | -- | -- |
| 04/15/2023 04/15/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | Price Changed | $785,000 | +1.3% | $218 / Sq Ft |
| 03/01/2023 03/01/23 | For Sale | $775,000 | 0.0% | $215 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $775,000 | -- | $215 / Sq Ft |
Source: Cheyenne Board of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $845,192 | New Conventional |
Source: Public Records
Similar Homes in Cheyenne, WY
Source: Cheyenne Board of REALTORS®
MLS Number: 98231
APN: 1-4294-0001-0002-0
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