Co Living Investment Property | Cash Flow from Day One | Turnkey Multi Family Rental Looking for a high cash flow real estate investment? This 3 year old co living building is fully tenanted and generating rental income from day one. A true turnkey investment property built for investors who want stability and strong returns. Property Highlights 8 total bedrooms and 6 bathrooms 4 private en suite rental units 4 additional bedrooms share 2 bathrooms Low maintenance durable finishes throughout Multiple common areas designed for co living tenants Ample parking with both off street and on street options Why this property Turnkey multi family rental with tenants in place Modern energy efficient construction built just 3 years ago Perfect for house hacking co living or long term rental strategies Consistent cash flow and passive income potential Prime location and smart layout create strong rental demand. This is the ultimate investment property for real estate investors whether you are starting your portfolio or scaling to financial freedom. Do not wait because properties like this co living rental investment sell fast. Contact us today to schedule a private showing or request the full financials.
For sale
$650,000
509 Bent Ave, Cheyenne, WY 82007
--beds
--baths
3,072sqft
Est.:
5-8 Plex, Multi Family
Built in 2022
-- sqft lot
$641,500 Zestimate®
$212/sqft
$-- HOA
What's special
Ample parkingMultiple common areasLow maintenance durable finishes
- 108 days |
- 162 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 02:39pm
Listed by:
JP Fluellen 307-772-1184,
Real Broker, LLC
Source: Cheyenne BOR,MLS#: 98333
Tour with a local agent
Facts & features
Interior
Heating
- Gas Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Washer/Dryer Included
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
- Finished area above ground: 1,536
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Exterior features: Lawn Sprinklers
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 13660641800700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-8 Plex, Multi Family
Materials
- Frame
- Roof: Composition/Asphalt
Condition
- Year built: 2022
Utilities & green energy
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Roberts Place
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $640,903
- Annual tax amount: $4,345
- Price range: $650K - $650K
- Date on market: 8/30/2025
- Listing agreement: N
- Listing terms: Cash,Conventional
- Exclusions: N
- Tenant pays: None
Estimated market value
$641,500
$609,000 - $674,000
$1,873/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2025 | Listed for sale | $650,000+13.1%$212/sqft |
Source: | ||
| 6/3/2023 | Listing removed | $574,900$187/sqft |
Source: | ||
| 3/15/2023 | Listed for sale | $574,900$187/sqft |
Source: | ||
| 3/3/2023 | Pending sale | $574,900$187/sqft |
Source: | ||
| 2/8/2023 | Listed for sale | $574,900+945.3%$187/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,305 +3.8% | $60,886 +3.8% |
| 2023 | $4,147 +1941% | $58,650 +1983.5% |
| 2022 | $203 -0.1% | $2,815 +0.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,719/mo
Principal & interest
$3166
Property taxes
$325
Home insurance
$228
Climate risks
Neighborhood: 82007
Nearby schools
GreatSchools rating
- 3/10Cole Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 2/10Johnson Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 2/10South High SchoolGrades: 9-12Distance: 0.9 mi
- Loading
- Loading







