$825,000

3808 Gregg Way Unit 3 Cheyenne, WY 82009

Estimated payment $4,559/month

Total Views 7,525
12 Beds
8 Baths
3,952 Sq Ft
$209 Price per Sq Ft

Highlights

  • Fireplace
  • Forced Air Heating System
  • Fenced
  • Landscaped
  • Washer and Dryer
  • Carpet

About This Home

Excellent investor opportunity with units maintained at the highest level. actual vacancy rate below 3.0% annually. CAP = 5.5% using a 5% vacancy rate. Great walkability score. Within one block of King Soopers and strip retail area. Off street parking and additional unrestricted street parking on extra wide street adjacent to complex.

Listing Agent

Jim Weaver

#1 Properties License #10624 Listed on: 09/17/2025

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 2003

Lot Details

  • 1.75 Acre Lot
  • Fenced
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for garbage removal, sewer, water

Community Details

Overview

  • 4 Units
  • Gregg Way Condominiums Subdivision

Building Details

  • Gross Income $70,980
  • Net Operating Income $45,499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 76330
  • Type: 4-Plex
  • Annual Income: 70980
  • Exterior Feature: Fence, Landscaped
  • Total Sq Ft: 3952
  • Vacancy Percentage: 5.0
  • Taxes: 2422
  • Tax Year: 2024
  • Year Built: 2003
  • Earnest Money Payable To: #1 Properties
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Carpeted, Fire Place, Window Covering
  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 1976
  • Second Level Sq Ft: 1976
  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
  • Other Income: 300.00

Exterior Features

  • Acreage: 1.75
  • 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: Garbage Removal, Sewer, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • No. of Units: 4
  • Annual Expenses: 25481
  • Net Operating Income: 45499

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $825,000 -- $209 / Sq Ft
Source: Cheyenne Board of REALTORS®

Source: Cheyenne Board of REALTORS®

MLS Number: 98550

Cheyenne Board of REALTORS®