$760,000

343 Annie Morgan Ct Cheyenne, WY 82007

Estimated payment $4,261/month

8 Beds
8 Baths
3,384 Sq Ft
$225 Price per Sq Ft

Highlights

  • Deck
  • Landscaped
  • Carpet
  • Patio
  • Forced Air Heating System

About This Home

Optimized for the serious investor, this 2017-built quadplex represents a sophisticated, turnkey addition to any high-performing portfolio. Delivering an immediate 6% CAP rate with professional management already in place, the asset offers a rare "hands-off" ownership experience. The modern construction ensures minimal deferred maintenance, while the inclusion of ADA-accessible units and full appliance packages provides a competitive edge in the local rental market. Strategically located just five minutes from downtown, residents benefit from dedicated onsite parking and outdoor communal spaces, driving high tenant retention and consistent cash flow. Given the properties "like-new" condition and optimized operational structure, this is an ideal vehicle for 1031 exchange or passive income growth.

Listing Agent

Colton Carlson

Coldwell Banker, The Property Exchange Listed on: 03/09/2026

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 2017

Lot Details

  • 8,793 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,384 Sq Ft Home
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • 4 Units
  • South Park Estates Subdivision

Building Details

  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

Built in 2017

Lot Details

8,793 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 8793
  • Type: 4-Plex
  • Exterior Feature: Deck, Patio, Lawn Sprinklers, Landscaped
  • Total Sq Ft: 3384
  • Taxes: 4196.99
  • Tax Year: 2025
  • Year Built: 2017
  • Earnest Money Payable To: Coldwell Banker TPE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Access, Carpeted
  • Laundry: Hook-Ups
  • First Level Sq Ft: 1692
  • Second Level Sq Ft: 1692
  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven

Exterior Features

  • Acreage: 0.2
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Off Street

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • No. of Units: 4
  • Net Operating Income: 45,000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 $3,628 $59,498 $4,519 $54,979
2024 $3,628 $51,309 $4,519 $46,790
2023 $3,676 $51,981 $4,519 $47,462
2022 $3,805 $52,719 $4,519 $48,200
2021 $3,184 $44,016 $4,519 $39,497
2020 $2,752 $38,147 $3,666 $34,481
2019 $2,726 $37,759 $3,666 $34,093
2018 $2,529 $35,367 $2,707 $32,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2026 03/09/26 For Sale $760,000 +3.4% $225 / Sq Ft
10/22/2021 10/22/21 Sold -- -- -- View Prior Sale
08/23/2021 08/23/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $735,000 +1.4% $204 / Sq Ft
06/21/2021 06/21/21 For Sale $725,000 +57.6% $201 / Sq Ft
11/16/2017 11/16/17 Sold -- -- -- View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
09/15/2017 09/15/17 Price Changed $460,000 +2.2% $128 / Sq Ft
06/12/2017 06/12/17 For Sale $450,000 0.0% $125 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $450,000 -- $125 / Sq Ft
Source: Cheyenne Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,000 New Conventional
Previous Owner $441,839 FHA
Source: Public Records

Source: Cheyenne Board of REALTORS®

MLS Number: 100078

Cheyenne Board of REALTORS®

APN: 1-8203-0001-0002-0

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