$440,000
SOLD JUL 11, 2025
Last list price
7 Beds
4 Baths
2,596 Sq Ft
7,392 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

168 Days on Market

Highlights

  • 1-Story Property
  • Outdoor Storage
  • Coin Laundry

About This Home

As of July 2025

Investors, take note! This professionally managed fourplex offers an exceptional opportunity for cash flow and income potential in a prime downtown location. Featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is a standout. Total rents $3,675/mo, plus tenants pay some utilities. Most units have been thoughtfully updated with new flooring, creating a modern and inviting living space for tenants. Additionally, the property includes a separate basement laundry area equipped with a coin-operated washer and dryer, providing convenient amenities for tenants while generating extra monthly income. With its central location, this property is ideally situated for long-term rentals or short-term/Airbnb opportunities, tapping into Cheyenne's growing demand for flexible housing options. The property is professionally managed and fully turnkey, making it a hassle-free addition to any portfolio. Don't miss out on this downtown gem with excellent cash flow potential!

Last Agent to Sell the Property

Mariah Jeffery

Coldwell Banker, The Property Exchange Listed on: 12/18/2024

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Lacey Coward

#1 Properties License #RE-15518

#1 Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,596 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Additional Features

  • Outdoor Storage
  • 7,392 Sq Ft Lot
  • Radiant Heating System

Listing and Financial Details

  • The owner pays for electricity, gas, garbage removal, sewer, water

Community Details

Overview

  • 4 Units
  • City Of Cheyenne Subdivision

Amenities

  • Coin Laundry

Building Details

  • Gross Income $44,100
  • Net Operating Income $26,423

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Radiant
  • Lot Size: 7,392
  • Type: 4-Plex
  • Annual Income: 44100
  • Exterior Feature: Storage
  • Total Sq Ft: 2596
  • Vacancy Percentage: 5
  • Taxes: $1,773.12
  • Tax Year: 2024
  • Year Built: 1915
  • Earnest Money Payable To: Coldwell Banker TPE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Coin Ops
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 312
  • Other Income: 492

Exterior Features

  • Acreage: 0.17
  • Construction: Concrete
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Electricity, Gas, Garbage Removal, Sewer, Water

Multi Family

  • No. of Units: 4
  • Annual Expenses: 15187
  • Net Operating Income: 26423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jul 8, 2025
Sold by
Osullivan Kerry Lynn
Bought by
Timmons Edward J
Seller's Agent
Mariah Jeffery
Coldwell Banker, The Property Exchange
Buyer's Agent
Lacey Coward
#1 Properties
List Price
$495,000
Views
122
Current Estimated Value
$343,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.95%
Original Mortgage
$399,475
Outstanding Balance
$398,804
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$55,804

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jun 24, 2022
Sold by
Jeremy Buck
Bought by
Osullivan Kerry Lynn
Seller's Agent
Mike Hutton
Century 21 Bell Real Estate
Buyer's Agent
Patrick Graham
eXp Realty, LLC
List Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Listed on
May 19, 2021
Closed on
Nov 23, 2021
Sold by
Crowley Shawn W
Bought by
Buck Jeremy
Seller's Agent
Steve Prescott
RE/MAX Capitol Properties
Buyer's Agent
Mike Hutton
Century 21 Bell Real Estate
List Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$185,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 19, 2015
Sold by
Ranalletti Anna M
Bought by
Crowley Shawn W
Seller's Agent
Curtis Lackey
Real Broker, LLC
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$142,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 13, 2015
Sold by
Mccoy Karen E
Bought by
Ranalletti Anna M
Seller's Agent
Curtis Lackey
Real Broker, LLC
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Fluellen Properties Llc
Bought by
Ranalletti Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Flynn Mark and Flynn Cheryl I
Bought by
Fluellen Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Warranty Deed -- New Title Company Name
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Warranty Deed -- Summit Title Services
Warranty Deed -- Summit Title Services
Quit Claim Deed -- Summit Title Services
Quit Claim Deed -- Summit Title Services
Quit Claim Deed -- Summit Title Services
Quit Claim Deed -- Summit Title Services
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,475 New Conventional
Closed $399,475 New Conventional
Previous Owner $185,000 New Conventional
Previous Owner $142,500 New Conventional
Previous Owner $142,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Sold -- -- --
06/04/2025 06/04/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $440,000 -4.3% $169 / Sq Ft
03/06/2025 03/06/25 Price Changed $460,000 -5.5% $177 / Sq Ft
02/01/2025 02/01/25 Price Changed $487,000 -1.6% $188 / Sq Ft
12/18/2024 12/18/24 For Sale $495,000 +65.1% $191 / Sq Ft
06/27/2022 06/27/22 Sold -- -- -- View Prior Sale
06/18/2022 06/18/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $299,900 -4.8% $116 / Sq Ft
12/01/2021 12/01/21 Sold -- -- -- View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $315,000 +57.5% $121 / Sq Ft
08/21/2015 08/21/15 Sold -- -- -- View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $200,000 -- $88 / Sq Ft
Source: Cheyenne Board of REALTORS®

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 $1,773 $29,016 $4,064 $24,952
2024 $1,773 $25,076 $4,064 $21,012
2023 $1,755 $24,825 $4,064 $20,761
2022 $1,789 $24,779 $4,064 $20,715
2021 $1,500 $20,740 $4,064 $16,676
2020 $1,346 $18,658 $4,064 $14,594
2019 $1,325 $18,356 $4,064 $14,292
2018 $1,287 $17,996 $3,956 $14,040
2017 $1,190 $16,491 $3,956 $12,535
2016 $1,148 $15,897 $3,956 $11,941
2015 $1,218 $16,860 $3,956 $12,904
2014 $1,208 $16,618 $3,956 $12,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 95644

Cheyenne Board of REALTORS®

APN: 1-1001-0299-0006-0