Melissa Swalla
#1 Properties
(307) 316-6278
88 Total Sales
3 in Historic Cheyenne
$7K - $244K Price Range
420 E 23rd St Cheyenne, WY 82001
Historic Cheyenne NeighborhoodEstimated Value: $203,000 - $326,679
3
Beds
3
Baths
3,156
Sq Ft
$84/Sq Ft
Est. Value
About This Home
As of November 2025Prime Investment Opportunity Near Downtown & Hospital – Tri-Plex on Large Lot! Discover this centrally located tri-plex featuring three 1-bedroom, 1-bathroom units, each with its own private 1-car detached garage. Perfectly situated just one block from the hospital and minutes from downtown, this property offers exceptional convenience and steady rental demand. Each unit is thoughtfully laid out with comfortable living space, full kitchens, and private entrances. Tenants enjoy shared laundry facilities in the basement and access to a spacious lot with potential for future expansion, additional parking, or outdoor amenities. This property presents a fantastic opportunity for investors or owner-occupants looking to generate income. Its proximity to the hospital makes it an ideal rental for traveling nurses, medical professionals, or long-term tenants seeking a central location. Don’t miss this rare chance to own a versatile, income-producing property in a prime location with endless potential!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,423
Year Built
- Built in 1916
Lot Details
- 8,712
Parking
- Garage
Home Design
- Triplex
- Frame Construction
- Composition Roof
- Membrane Roofing
Interior Spaces
- 3,156 Sq Ft Home
- 1.5-Story Property
- Oven or Range
- Washer and Dryer Hookup
Additional Features
- 8,712 Sq Ft Lot
- Forced Air Heating System
Community Details
- 3 Units
- City Of Cheyenne Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas, garbage removal, sewer, water
- Assessor Parcel Number 11001017400080
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2025
Closed on
Nov 14, 2025
Sold by
Elbib Llc
Bought by
Seller's Agent
Terra Roberts
Keller Williams Realty Frontier
Buyer's Agent
James Bowers
Coldwell Banker, The Property Exchange
List Price
$293,000
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.44%
Original Mortgage
$400,000
Outstanding Balance
$169,663
Interest Rate
6.17%
Mortgage Type
Construction
Estimated Equity
$95,177
Purchase Details
Listed on
Apr 10, 2015
Closed on
Jul 10, 2015
Sold by
Dowe Gladys E
Bought by
Martin Zachary
Seller's Agent
Paul Wells
#1 Properties
Buyer's Agent
Zac Martin
eXp Realty, LLC
List Price
$170,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$136,000
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2012
Sold by
Bostrom Lloyd L and Bostrom Revocable Trust
Bought by
Dowe Gladys E
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic Cheyenne, WY
-
Melissa Swalla
-
Kari Happold
Kari Happold
Responds QuicklyNextHome Rustic Realty
(307) 317-4987
193 Total Sales
5 in Historic Cheyenne
$255K - $335K Price Range
-
Barbara Kuzma
Barbara Kuzma
Kuzma Success Realty
(307) 317-4016
189 Total Sales
15 in Historic Cheyenne
$140K - $460K Price Range
-
Erin Stieve
Erin Stieve
HomeSmart Realty
(720) 704-1409
33 Total Sales
2 in Historic Cheyenne
$215K - $285K Price Range
-
Ashlee Martindale
Ashlee Martindale
Coldwell Banker, The Property Exchange
(307) 314-1323
89 Total Sales
3 in Historic Cheyenne
$230K - $400K Price Range
-
Kevin True
Kevin True
True Wyoming Realty
(307) 317-3804
94 Total Sales
4 in Historic Cheyenne
$223K - $300K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Martin Zachary | -- | None Available | |
| Dowe Gladys E | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | Martin Zachary | $136,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | -- | -- | -- | |
| 10/24/2025 10/24/25 | Pending | -- | -- | -- | |
| 10/24/2025 10/24/25 | For Sale | $293,000 | +72.4% | $93 / Sq Ft | |
| 07/10/2015 07/10/15 | Sold | -- | -- | -- | View Prior Sale |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- | |
| 04/10/2015 04/10/15 | For Sale | $170,000 | -- | $53 / Sq Ft |
Source: Cheyenne Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,423 | $35,372 | $4,493 | $30,879 |
| 2025 | $2,423 | $34,344 | $4,493 | $29,851 |
| 2024 | $2,080 | $29,414 | $4,493 | $24,921 |
| 2023 | $2,081 | $29,431 | $4,493 | $24,938 |
| 2022 | $2,087 | $28,915 | $4,493 | $24,422 |
| 2021 | $1,727 | $23,876 | $4,493 | $19,383 |
| 2020 | $1,604 | $22,239 | $4,493 | $17,746 |
| 2019 | $1,578 | $21,849 | $4,493 | $17,356 |
| 2018 | $1,503 | $21,013 | $4,372 | $16,641 |
| 2017 | $1,415 | $19,608 | $4,372 | $15,236 |
| 2016 | $1,422 | $19,696 | $4,372 | $15,324 |
| 2015 | $1,576 | $21,823 | $4,372 | $17,451 |
| 2014 | $1,574 | $21,655 | $4,372 | $17,283 |
Source: Public Records
Agents Affiliated with this Home
-
Terra Roberts
Seller's Agent in 2025
Terra Roberts
Keller Williams Realty Frontier
(559) 362-2116
6 in this area
56 Total Sales
-
James Bowers
Buyer's Agent in 2025
James Bowers
Coldwell Banker, The Property Exchange
(307) 509-0003
27 in this area
265 Total Sales
-
Paul Wells
Seller's Agent in 2015
Paul Wells
#1 Properties
(307) 286-3821
5 in this area
55 Total Sales
-
Zac Martin
Buyer's Agent in 2015
Zac Martin
eXp Realty, LLC
(307) 256-6257
2 Total Sales
Map
Source: Cheyenne Board of REALTORS®
MLS Number: 98925
APN: 1-1001-0174-0008-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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