4811 E 14th St Cheyenne, WY 82001
Estimated payment $4,042/month
Highlights
- Brick or Stone Mason
- Garage
- Heating Available
- Patio
- Carpet
About This Home
An exceptional investment package in a prime east side location - this unique property features four fully self-contained rowhome-style condo units, each with its own address and legal description, plus an additional basement unit for a total of 5 rental units, all currently tenant-occupied. Each of the four main units offers private entry, full living amenities, and comes with its own detached garage, providing a rare combination of privacy and income potential. The fifth unit, located in the basement, offers additional rental income and rounds out the property’s strong cash-flow profile. Located within walking distance to a local school, this property is ideal for tenants and families, ensuring consistent rental demand. Whether you hold long-term or explore redevelopment potential, this is a rare opportunity to acquire a bundled property with five income-generating units in a connected layout, all on the east side of town. Don’t miss this turnkey, tenant-in-place package ready to generate income from day one. A savvy investor may consider purchasing the package and selling the units individually to unlock additional value. Landlord pays water, trash, and gas for heat. Tenants pay electric.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,438
Year Built
- Built in 1980
Parking
- Garage
Home Design
- Brick or Stone Mason
- Frame Construction
- Composition Roof
Interior Spaces
- 4,810 Sq Ft Home
- 2-Story Property
- Carpet
- Laundry in unit
Kitchen
- Oven or Range
- Dishwasher
Utilities
- Heating Available
- Cable TV Available
Additional Features
- Patio
- 1.04 Acre Lot
Listing and Financial Details
- The owner pays for garbage removal, gas, water, sewer
Community Details
Overview
- 5 Units
- Blue Spruce Con Subdivision
Building Details
- Gross Income $68,640
- Net Operating Income $37,835
Map
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 | $1,052 | $11,686 | $908 | $10,778 |
| 2024 | $1,052 | $14,872 | $1,210 | $13,662 |
| 2023 | $1,016 | $14,367 | $1,210 | $13,157 |
| 2022 | $1,027 | $14,222 | $1,210 | $13,012 |
| 2021 | $898 | $12,417 | $1,210 | $11,207 |
| 2020 | $860 | $11,916 | $1,210 | $10,706 |
| 2019 | $826 | $11,447 | $1,210 | $10,237 |
| 2018 | $795 | $11,111 | $1,169 | $9,942 |
| 2017 | $756 | $10,481 | $1,169 | $9,312 |
| 2016 | $762 | $10,552 | $1,169 | $9,383 |
| 2015 | $770 | $10,663 | $1,169 | $9,494 |
| 2014 | $746 | $10,268 | $1,169 | $9,099 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | For Sale | $715,999 | -- | $149 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Deed Of Distribution | -- | None Listed On Document | |
| Deed Of Distribution | -- | None Listed On Document |
Source: Cheyenne Board of REALTORS®
MLS Number: 98746
APN: 1-1770-0000-0004-0
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