100 E 28th St
Cheyenne, WY 82001
Studio
3,362 sqft
$389,900
$389,900
Studio
3,362 sqft
Local Information
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Description
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.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$116
Listed
No Info
Home Details for 100 E 28th St
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Appliances & Utilities Appliances: Range, RefrigeratorLaundry: Individual,NoneRefrigerator |
Heating & Cooling Heating: Gas Forced AirHas HeatingHeating Fuel: Gas Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: One and One Half |
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Exterior Home Features Roof: Composition Asphalt |
Parking & Garage No CarportNo GarageParking: None |
Water & Sewer Sewer: City Sewer |
Finished Area Finished Area (above surface): 2426 Square Feet |
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Days on Market: <1 days on Trulia |
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Year Built Year Built: 1921 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5-8 Plex, Multi Family |
Building Construction Materials: Frame |
Property Information Not Included in Sale: N |
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Price List Price: $389,900Price Per Sqft: $116 |
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MLS Status: Temp Active |
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Direction & Address City: CheyenneCommunity: City Of Cheyenne |
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Listing Agent Listing ID: 100946 |
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Building Area Building Area: 3362 Square Feet |
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Lot Area: 5227.2 sqft |
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Listing Agreement Type: NListing Terms: Cash, Conventional |
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Expense Tenant Pays: None |
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Owner Pays: Electricity, Gas, Sewer, Water |
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Mls Number: 100946Above Grade Unfinished Area: 2426 |
Last check for updates: about 3 hours ago
Listing courtesy of Mariah Jeffery, (307) 316-2239
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR, MLS#100946
Also Listed on Cheyenne BOR.
Price History for 100 E 28th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/31/2026 | $389,900 | Listed For Sale | Cheyenne BOR #100946 |
| 12/06/2025 | $1,200 | ListingRemoved | Zillow Rentals |
| 11/02/2025 | $1,200 | Listed For Rent | Zillow Rentals |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,434 |
| Assessment | $213,981 |
Home facts updated by county records
Comparable Sales for 100 E 28th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.42 | Multi-Family Home | - | 12/02/25 | - | 3,328 | ||
0.42 | Multi-Family Home | - | 12/02/25 | - | 3,328 | ||
0.41 | Multi-Family Home | - | 11/14/25 | - | 3,156 | ||
0.67 | Multi-Family Home | - | 07/11/25 | - | 2,596 | ||
0.65 | Multi-Family Home | - | 06/10/25 | - | 1,678 | ||
0.83 | Multi-Family Home | - | 08/01/25 | - | 2,744 | ||
0.63 | Multi-Family Home | - | 07/07/25 | - | 5,292 | ||
0.82 | Multi-Family Home | - | 07/03/25 | - | 3,618 | ||
0.85 | Multi-Family Home | - | 06/13/25 | - | 3,488 | ||
0.83 | Multi-Family Home | - | 01/05/26 | - | 3,957 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDAUG 1, 2025Coldwell Banker, The Property Exchange
OFF MARKETBerkshire Hathaway Home Services Rocky Mountain Realtors
SOLDDEC 30, 2025Coldwell Banker, The Property Exchange
OFF MARKETColdwell Banker, The Property Exchange
OFF MARKETRE/MAX Capitol Properties
OFF MARKETRock Solid Properties, LLC
OFF MARKETColdwell Banker, The Property Exchange
Assigned Schools
These are the assigned schools for 100 E 28th St.
- Central High School
- 9-12
- Public
- 1283 Students
7/10GreatSchools RatingParent Rating AverageThere was a lot of bullying and snottiness between students. The teachers seemed really disconnected, like they were more focused on us passing on tests than seeing us as individuals learning.I met a lot of subpar teachers there, and felt very unwelcome by my counselor. She openly told me she couldn’t wait to stop working there and I was made to feel as though she didn’t care when I came to her for help.I had teachers who would deliberately not want to answer questions, teachers who would shop online and snapchat students instead of helping, teachers who would leave the classroom for long amounts of time when we had questions. There was even a teacher who openly mocked and challenged the validity of my learning disability in front of other students. The gym teacher also didn’t care that I had asthma and I ended up failing gym class once despite the fact that I was doing the best I could with that condition.There are a few teachers there who really did have a passion for teaching students. Unfortunately in my experience, there were a lot who were there to get a paycheck, not teach students.Other Review6y ago - McCormick Junior High School
- 7-8
- Public
- 654 Students
6/10GreatSchools RatingParent Rating AverageRudest office staff. Gives you hard time if you don't call before you pick up your child. My daughter special needs text her mom and told her she was sick. I went to pick her up and lady was trying to lecture me about how she could've taken her phone away . Yea right try .Parent Review3y ago - Deming Elementary School
- PK-3
- Public
- 88 Students
3/10GreatSchools RatingParent Rating AverageWe had a complicated experience with grades 1-3 and transitioning from private preschool to public elementary school. Many problems came to light, and sorting out the sources of the problems and how to address all of them has taken time, patience, and education. I am grateful for the principal and her leadership of her team. I am grateful for the experts involved with my family and their care for my son and tact with me.Parent Review7y ago - Miller Elementary School
- 4-6
- Public
- 83 Students
7/10GreatSchools RatingParent Rating AverageThe leadership at this school is terrible. My daughter did not feel safe or comfortable at this school for the last 6 months. The principal didn't have any core values. Very disappointed in this school.Other Review2y ago 
Check out schools near 100 E 28th St.
What Locals Say about Cheyenne
At least 446 Trulia users voted on each feature.
90 % Say car is needed
86 % Say there are sidewalks
84 % Say it's dog friendly
79 % Say parking is easy
79 % Say yards are well-kept
70 % Say there's holiday spirit
67 % Say kids play outside
62 % Say people would walk alone at night
57 % Say it's quiet
47 % Say there's wildlife
46 % Say neighbors are friendly
46 % Say streets are well-lit
39 % Say they plan to stay for at least 5 years
33 % Say it's walkable to grocery stores
30 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mariah Jeffery, Coldwell Banker, The Property Exchange
Agent Phone: (307) 316-2239
IDX information is provided exclusively for
consumers’ personal, non-commercial use, that it may not be used for any purpose other than
to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the Cheyenne MLS.
Copyright 2026 Cheyenne MLS
Copyright 2026 Cheyenne MLS
100 E 28th St, Cheyenne, WY 82001 is a studio, 3,362 sqft multi-family built in 1921. This property is currently available for sale and was listed by Cheyenne BOR on May 31, 2026. The MLS # for this home is MLS# 100946.