321 18Th StCheyenne, WY 82001

For Sale
$495,000
Downtown Cheyenne multifamily value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
126
This well-maintained, 1916-built, two-story Class B apartment building at 321 E 18th St, Cheyenne, Wyoming, presents a compelling value-add investment opportunity. The property consists of a four-unit apartment building (4-plex) totaling 3,446 square feet, situated on a corner lot in a prime location just blocks from Cheyenne Regional Medical Center and downtown Cheyenne. Each unit offers one bedroom and one bathroom. Ground floor units feature individual entrances, while the second-floor units access a shared corridor via a charming spiral staircase. Convenient on-site coin-operated laundry facilities are located in the basement for tenant use. The property provides one off-street parking space per unit. The xeriscaped grounds require minimal maintenance. This Laramie County property offers easy access to local amenities and presents a strong potential for rental income growth. The asking price is $495,000. This is a freehold property, not subject to a ground lease.

Highlights

  • $495,000 asking price for a value-add multifamily investment.
  • Four-unit apartment building in Cheyenne, Wyoming.
  • 3,446 square feet, built in 1916, Class B property.
  • One-bedroom, one-bathroom units; one parking space per unit.
  • Prime downtown location near Cheyenne Regional Medical Center, offering convenient access to amenities.

Property Details for 321 18Th St

Property type
Apartment buildings
Square Feet
3,446 SF
Class
B
Year Built
1916
Buildings
1
Stories
2
Units
4

Location Insight

City
Cheyenne
County
Laramie
State
Wyoming
Latitude
41.1358611
Longitude
-104.8120284
321 18Th St, Cheyenne, Wyoming

FAQs

What type of property is this?
Apartment building - Downtown Cheyenne multifamily value-add opportunity.
Where is the apartment building located?
The property is located at 321 18Th St Cheyenne, WY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: $495,000 asking price for a value-add multifamily investment.; Four-unit apartment building in Cheyenne, Wyoming.; 3,446 square feet, built in 1916, Class B property.
How can I contact the broker?
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321 18Th St
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