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1915 Dillon Ave

Cheyenne, WY 82001
  • $498,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 98644
UPDATED: 147 min ago
$498,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,505
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Investor-Ready Four-Plex near Downtown Cheyenne! Strong Cash Flow + Value-Add Potential. 3 of the 4 units have been completely renovated and modernized. New kitchens, new applicances, updated bathrooms, new flooring, new fixtures, and contemporary finishes. One unit remains for value add improvements - perfect for increasing rental income, or for an owner-occupant looking to live in one unit and rent out the other three. Key capitol improvements have already been made including new roof and gutters (2023) All new windows and screens (2024). New Sewer Line (2024) This property combines turnkey stabiity with room for growth making it ideal for both seasoned investors, and first time buyers.

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[Cheyenne Board of Realtors] logo© 2025 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2025 Cheyenne MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker The Property Exchange, Inc.. Data last updated: 2025-11-06T23:52:14.553.
www.cheyennepropertysearch.com/homes/168317930
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1915 Dillon Ave Cheyenne, WY 82001

  • Price: $498,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 147 min ago
  • MLS #: 98644
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,505
SQFT
$199
$/SQFT
1920
Built
Neighborhood:
City Of Cheyenne
County:
Laramie
Area:
Laramie
Property Description
Investor-Ready Four-Plex near Downtown Cheyenne! Strong Cash Flow + Value-Add Potential. 3 of the 4 units have been completely renovated and modernized. New kitchens, new applicances, updated bathrooms, new flooring, new fixtures, and contemporary finishes. One unit remains for value add improvements - perfect for increasing rental income, or for an owner-occupant looking to live in one unit and rent out the other three. Key capitol improvements have already been made including new roof and gutters (2023) All new windows and screens (2024). New Sewer Line (2024) This property combines turnkey stabiity with room for growth making it ideal for both seasoned investors, and first time buyers.
Exterior Features

Construction Frame Garage Carport None Roof Composition/Asphalt Style 1 STORY

Interior Features

Appliances DishwasherMicrowaveRange/OvenRefrigerator Heating System Gas Forced Air Interior Features CarpetedHandicap AccessWindow Covering Laundry None Unit1 Baths 1 Unit1 Beds 2 Unit2 Baths 1 Unit2 Beds 1 Unit3 Baths 1 Unit3 Beds 2 Unit4 Baths 1 Unit4 Beds 2

Property Features

Annual Expenses $5537.55 Annual Income $44400.00 Deed Transfer By General Warranty Management Professional Company Miscellaneous Covenants Apply Multifamily Type 4-Plex Net Operating Income $38862.45 Owner Pays Garbage RemovalWater Proposed Financing CashConventionalFHA Sewer City Sewer Tax Year 2025 Taxes 1983.23 Tenant Pays ElectricityGas Unit1 Comments 1915 has a bonus room and is completely remodeled Unit1 Rent 950 Unit2 Comments 1917 is a completely remodeled studio apt Unit2 Rent 900 Unit3 Comments 919 has a bonus room. M2M lease Unit3 Rent 1050 Unit4 Rent 800 Vacancy Percentage 0 Water Public (City) Water

[Cheyenne Board of Realtors] logo Listing courtesy of Aspire Realty: 307-638-1313. © 2025 Cheyenne MLS. Information Deemed Reliable but Not Guaranteed by the Cheyenne MLS. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers.


[Cheyenne Board of Realtors] logo© 2025 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2025 Cheyenne MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker The Property Exchange, Inc.. Data last updated: 2025-11-06T23:52:14.553.
 
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Coldwell Banker The Property Exchange, Inc.
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Cheyenne WY, 82009