Discover an investment opportunity in a great location! Situated on a spacious 1-acre lot just off the bustling Pershing Blvd and College Drive intersection, this well-positioned triplex offers both immediate income and exciting future potential. The property features a side-by-side duplex, each unit offering 2 bedrooms and 1 bath with fenced yards. In addition, a second structure provides a 3-bedroom, 2-bath with a large master suite, perfect for larger households or extra rental income. With room to expand or enhance, this property opens the door to even greater returns. Currently fully rented, the property delivers reliable cash flow from day one. Even better, all leases are month-to-month, giving a new owner valuable flexibility. Continue operating as an income producing asset, adjust rents to market rates, or explore redevelopment opportunities. With its prime location near major traffic corridors, strong rental appeal, and expansion possibilities, this property is ideal for investors looking to grow their portfolio or owner-operators seeking versatility.
For sale
$429,000
4202 & 4204 Cheyenne St, Cheyenne, WY 82001
--beds
--baths
3,170sqft
Est.:
Triplex, Multi Family
Built in 1951
-- sqft lot
$418,400 Zestimate®
$135/sqft
$-- HOA
What's special
Side-by-side duplexFenced yardsLarge master suite
- 25 days |
- 509 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 09:31am
Listed by:
Cody Clements 808-446-4664,
One West Real Estate
Source: Cheyenne BOR,MLS#: 99974
Tour with a local agent
Facts & features
Interior
Heating
- Gas Forced Air
Appliances
- Included: Range, Refrigerator
- Laundry: Hook-Ups
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
- Finished area above ground: 3,170
Property
Parking
- Parking features: None
Features
- Fencing: Fenced
Lot
- Size: 1.04 Acres
- Dimensions: 45302
Details
- Parcel number: 14662741101000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
- Roof: Composition/Asphalt
Condition
- Year built: 1951
Utilities & green energy
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sunnyside Add
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $336,448
- Annual tax amount: $1,749
- Price range: $429K - $429K
- Date on market: 2/28/2026
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
- Total actual rent: 2550
- Tenant pays: Electricity, Gas, Other
Estimated market value
$418,400
$397,000 - $439,000
$1,382/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Listed for sale | $429,000$135/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,260 +3.4% | $31,963 +3.4% |
| 2023 | $2,185 +14.5% | $30,901 +16.8% |
| 2022 | $1,909 +15.8% | $26,449 +16.1% |
| 2021 | $1,648 +11.5% | $22,788 +11.2% |
| 2020 | $1,478 +3.9% | $20,488 +4% |
| 2019 | $1,423 +6.6% | $19,705 +5.5% |
| 2018 | $1,335 | $18,669 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,419/mo
Principal & interest
$2212
Property taxes
$207
More affordability tools
Climate risks
Neighborhood: 82001
Nearby schools
GreatSchools rating
- 6/10Baggs Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Carey Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 4/10East High SchoolGrades: 9-12Distance: 1 mi
Local experts in 82001
- Wyoming
- Laramie County
- Cheyenne
- 82001
- 4202 & 4204 Cheyenne St




