Investors, take note! This professionally managed fourplex offers an exceptional opportunity for cash flow and income potential in a prime downtown location. Featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is a standout. Most units have been thoughtfully updated with new flooring, creating a modern and inviting living space for tenants. Additionally, the property includes a separate basement laundry area equipped with a coin-operated washer and dryer, providing convenient amenities for tenants while generating extra monthly income. With its central location, this property is ideally situated for long-term rentals or short-term/Airbnb opportunities, tapping into Cheyenne's growing demand for flexible housing options. The property is professionally managed and fully turnkey, making it a hassle-free addition to any portfolio. Don't miss out on this downtown gem with excellent cash flow potential!
For sale
Price cut: $20K (4/8)
$440,000
508 E 19th St, Cheyenne, WY 82001
--beds
--baths
2,596sqft
Est.:
Quadruplex
Built in 1915
-- sqft lot
$434,800 Zestimate®
$169/sqft
$-- HOA
What's special
New flooring
- 128 days
- on Zillow |
- 208 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 04:30pm
Listed by:
Mariah Jeffery 307-316-2239,
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR,MLS#: 95644

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Radiant, Other
Appliances
- Included: Range, Refrigerator
- Laundry: Coin Ops
Interior area
- Total structure area: 2,596
- Total interior livable area: 2,596 sqft
- Finished area above ground: 2,284
- Finished area below ground: 2,596
Property
Parking
- Parking features: None
Features
- Exterior features: Storage
Lot
- Size: 7,405.2 Square Feet
Details
- Parcel number: 14663140701000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete
- Roof: Composition/Asphalt
Condition
- Year built: 1915
Utilities & green energy
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: City Of Cheyenne
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $263,960
- Annual tax amount: $1,773
- Price range: $440K - $440K
- Date on market: 12/18/2024
- Listing agreement: N
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: N
- Total actual rent: 3650
- Tenant pays: Other
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