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100 E 28th St, Cheyenne, WY 82001

Cheyenne
Local realty services provided by:CENTURY 21 Bell Real Estate
100 E 28th St,Cheyenne, WY 82001
$389,900
  • - Beds
  • - Baths
  • 3,362 sq. ft.
  • Multi-family
  • Active
Listed by: mariah jeffery
Office: coldwell banker, the property exchange
MLS#:100946
Source:WY_CBOR

Price summary

  • Price:$389,900
  • Price per sq. ft.:$115.97

About this home

This unique income property is a textbook value-add opportunity for a savvy investor ready to build a true cash cow. Located in a highly walkable district with direct views of the Capital Building, the property features a flexible multi-dwelling layout—including a detached garage converted into a private carriage house—and currently generates $3,100 a month with the main 3/2 unit owner occupied. One unit is a newly launched Airbnb with massive runway to optimize and increase rates, and the property already operates around a 9% Cap Rate when the owner-occupied unit is rented. Zoned Mixed-Use Business (MUB), the possibilities are endless for residential rentals, live/work spaces, or professional offices. This is the perfect chance to renovate one unit at a time, maximize market rents, and unlock massive upside in a prime location.

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Home facts

  • Year built:1921
  • Listing ID #:100946
  • Added:1 day(s) ago
  • Updated:May 31, 2026 at 09:06 PM

Rooms and interior

  • Living area:3,362 sq. ft.

Heating and cooling

  • Heating:Gas Forced Air

Structure and exterior

  • Year built:1921
  • Building area:3,362 sq. ft.
  • Lot area:0.12 Acres
  • Levels:1 1/2 Stories

Utilities

  • Water:Public (City) Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$389,900
  • Price per sq. ft.:$115.97
  • Tax amount:$1,434
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