$550,000

503 E 2nd St Cheyenne, WY 82007

South Cheyenne Neighborhood

Estimated payment $3,166/month

Total Views 26,609
6 Beds
3 Baths
2,640 Sq Ft
$208 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • Garage
  • 1-Story Property

About This Home

Expand your investment portfolio with this versatile single level triplex offering 4 distinct units to appeal to a wide range of tenants. The property includes a 1 bedroom, 2 bedroom and 3 bedroom apartment and a 832 sq ft steel building on a its own lot that would bring in additional income of $800 to $1000 a month. Apartment legal: CHEYENNE: LOTS 10 AND 11, BLOCK 785 Garage legal: CHEYENNE: LOTS 8 AND 9, BLOCK 785

Listing Agent

Patrick Graham

eXp Realty, LLC License #3699 Listed on: 07/20/2026

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 1956

Parking

  • Garage

Home Design

  • Triplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Additional Features

  • 12,672 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for water, sewer

Community Details

Overview

  • 3 Units
  • City Of Cheyenne Subdivision

Building Details

  • Gross Income $41
  • Net Operating Income $42

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,576

Year Built

Built in 1956

Lot Details

0.29 Acres

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 12672
  • Type: 3-Plex
  • Annual Income: $41,400
  • Total Sq Ft: 2640
  • Taxes: 1576.36
  • Tax Year: 2025
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Hook-Ups, Individual
  • First Level Sq Ft: 2640
  • Other Income: $9,600

Exterior Features

  • Acreage: 0.29
  • Construction: Block, Concrete
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Garage(s)

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 3
  • Annual Expenses: 8132
  • Net Operating Income: $42,868

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,199 $23,332 $3,721 $19,611
2025 $1,199 $16,999 $2,791 $14,208
2024 $1,712 $24,208 $3,721 $20,487
2023 $1,603 $22,668 $3,721 $18,947
2022 $1,392 $19,291 $3,721 $15,570
2021 $1,155 $15,960 $3,721 $12,239
2020 $1,038 $14,392 $3,721 $10,671
2019 $1,021 $14,140 $3,721 $10,419
2018 $1,049 $14,670 $3,623 $11,047
2017 $781 $10,824 $3,623 $7,201
2014 $765 $10,525 $3,623 $6,902
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
07/20/2026 07/20/26 For Sale $550,000 -- $208 / Sq Ft
Source: Cheyenne Board of REALTORS®

About the Listing Agent

Patrick Graham
Patrick Graham

eXp Realty, LLC

(307) 336-3863

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Our323 Real Estate is a full service real estate brokerage that will save you money when selling your home. We have cut the fat out of the operation of a traditional real estate office, reducing costs and paying that savings forward to you the Seller. We maximize the most effective real estate marketing tools including the Multiple listing service (MLS), professional photography, active presence on the most relevant real estate websites and tracking reports. We also of course, provide

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Source: Cheyenne Board of REALTORS®

MLS Number: 101508

Cheyenne Board of REALTORS®

APN: 1-1001-0785-0010-1

Wyoming Laramie County Cheyenne 82007 South Cheyenne

503 E 2nd St, Cheyenne, WY

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Cheyenne Board of REALTORS® 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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Patrick Graham
Patrick Graham
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eXp Realty, LLC
(307) 336-3863
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