Amazing Investment opportunity awaits with this well maintained all brick 8-plex. Located on a large corner lot right across the street from Smalley Park. Fresh paint on the exterior, the large storage shed and the common area entryways. New epoxy coating on the back deck and stairs. Each unit is very spacious with 2 bedrooms and 1 bathroom. Two laundry rooms available on-site for tenants. Don't miss your chance to own this amazing investment property!
Sold
Price Unknown
540 Melton St, Cheyenne, WY 82009
--beds
--baths
7,212sqft
5-8 Plex, Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$--/sqft
$1,277 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,277/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 12:17pm
Listed by:
Jared Augustin 307-399-5551,
Stars and Stripes Realty
Bought with:
Angie Depew
#1 Properties
Source: Cheyenne BOR,MLS#: 97236
Facts & features
Interior
Heating
- Hot Water
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
- Laundry: Coin Ops
Features
- Flooring: Carpet
Interior area
- Total structure area: 7,212
- Total interior livable area: 7,212 sqft
- Finished area above ground: 3,720
Property
Parking
- Parking features: None
Features
- Exterior features: Lawn Sprinklers, Storage
Lot
- Size: 9,583 sqft
- Dimensions: 9,650
Details
- Parcel number: 14661922201300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-8 Plex, Multi Family
Materials
- Brick
- Roof: Composition/Asphalt
Condition
- Year built: 1973
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Cheyenne
- Subdivision: Indian Hills
HOA & financial
Other financial information
- Total actual rent: 3759
Other
Other facts
- Listing agreement: N
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | -- |
Source:  Cheyenne BOR #97236 Report a problem | ||
| 5/24/2025 | Pending sale | $1,050,000$146/sqft |
Source: Cheyenne BOR #97236 Report a problem | ||
| 5/23/2025 | Listed for sale | $1,050,000+31.3%$146/sqft |
Source: Cheyenne BOR #97236 Report a problem | ||
| 5/15/2023 | Sold | -- |
Source: Cheyenne BOR #89349 Report a problem | ||
| 4/3/2023 | Pending sale | $800,000$111/sqft |
Source: Cheyenne BOR #89349 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,675 +17.6% | $52,091 +17.9% |
| 2024 | $3,125 -2% | $44,201 -2% |
| 2023 | $3,190 -1.9% | $45,117 +0.1% |
Find assessor info on the county website
Neighborhood: 82009
Nearby schools
GreatSchools rating
- 5/10Hobbs Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10McCormick Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 7/10Central High SchoolGrades: 9-12Distance: 0.9 mi
- Wyoming
- Laramie County
- Cheyenne
- 82009
- 540 Melton St