503 E 2nd St, Cheyenne, WY 82007
Property image
Property image
FOR SALE
0.29 ACRES

$550,000

  • Studio
  • 2,640 sqft (on 0.29 acres)

503 E 2nd St, Cheyenne, WY 82007

Est. Mortgage $3,195/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1956
0.29 acre lot
$208/sqft
Garage

Local Information

  • Map ViewExplore the area around 503 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Expand your investment portfolio with this versatile single level triplex offering 4 distinct units to appeal to a wide range of tenants. The property includes a 1 bedroom, 2 bedroom and 3 bedroom apartment and a 832 sq ft steel building on a its own lot that would bring in additional income of $800 to $1000 a month. Apartment legal: CHEYENNE: LOTS 10 AND 11, BLOCK 785 Garage legal: CHEYENNE: LOTS 8 AND 9, BLOCK 785
Last check for updates: about 6 hours ago
Listing courtesy of Patrick Graham, (307) 640-3039
eXp Realty, LLC
Source: Cheyenne BOR, MLS#101508
Also Listed on Cheyenne BOR, eXp Realty.

Home Details for 503 E 2nd St

Interior Features

Dimensions and Layout
Living Area: 2640 Square Feet
Appliances & Utilities
Laundry: Hook-Ups,Individual
Heating & Cooling
Heating: Gas Forced AirHas HeatingHeating Fuel: Gas Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: Other
Parking & Garage
No CarportHas a GarageParking: Garage
Water & Sewer
Sewer: City Sewer
Finished Area
Finished Area (above surface): 2640 Square Feet

Days on Market

Days on Market: 47

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family
Building
Construction Materials: Block, Concrete
Property Information
Not Included in Sale: n

Price & Status

Price
List Price: $550,000Price Per Sqft: $208

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: CheyenneCommunity: City Of Cheyenne

Agent Information

Listing Agent
Listing ID: 101508

Building

Building Area
Building Area: 2640 Square Feet

Lot Information

Lot Area: 0.29 acres

Offer

Listing Agreement Type: nListing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

Owner Pays: Water, Sewer

Miscellaneous

Mls Number: 101508Above Grade Unfinished Area: 2640Days In Mls: 8

Around this home

What Locals Say about Cheyenne

At least 452 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

  • 40 % 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.
  • Nichlaus Oehlhof
    "Nice and quiet city."
    0
    Flag
  • Ketan Chand
    "Sometimes there are some difficult walking spots because the sidewalks and streets are a little run down. Not enough park areas nearby. Sometimes dogs are aggressive and behind precarious and dilapidated fences."
    1
    Flag
  • Samantha.gross
    "I see people walk dogs here all the time. There’s a small park or walking trail a 5 minute walk from my home"
    1
    Flag
  • Tony Hathaway
    "Always welcomed here, everyone’s friendly towards them. Most owners clean up after them. Most owners are responsible "
    0
    Flag
  • Jrtbcdrkrk
    "I really enjoy the kind people in Cheyenne, I think it helps people feel more welcomed and comfortable in the community"
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  • Dandysharee
    "Very very good neighborhood …Great neighbors, established and beautiful. Very friendly neighborhood "
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  • Mygirlsmama303
    "Cheyenne is a nice place to raise a family and have kids. I feel safe in the neighborhood and letting my kiddos play outside "
    1
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  • Jillian T.
    "15 min from everywhere in town! I love South Park. We love it here. We know all our neighbors. Everyone is so nice!"
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  • Maria D.
    "Idk it’s safe area and good place for kids to be and very quiet peaceful area to be! The people are pretty nice "
    1
    Flag
  • Briana R.
    "Green area nearby with a walking path. There are sidewalks, but they’re not very wide. People are friendly."
    0
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  • Porterjamesjake
    "friendly neighbors and safe places for kids to play. lots af neighborhood parties and get together. "
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  • Mygirlsmama303
    "My commute is fine. It takes me about 10 minutes to get from home to work. I live in the north’s side and go downtown "
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  • Holly12979
    "Good place to be. Lots of parks and things to do. Super safe to raise a family but does lack diversity!"
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  • Heathergondek1983
    "Local cookout in our neighborhood and very friendly neighbors who help each other out. In the winter everyone pitches in to help when others get stuck. "
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  • Terri B. Z. S.
    "I’ve lived here for 2 years. Friendly neighbors, nice looking houses. Neighborhood is well maintained and overall a very friendly neighborhood if you have kids "
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  • Liezel.mcintyre
    "Family friendly but not a diverse community. Recommend being in culdesac, limited grocery options. Would like bigger public parks for kids."
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  • Brian P.
    "Cheyenne frontier days apparently is a lot of fun. The pavilion area downtown is Neat but can do everything in one day"
    0
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  • Cpedroza1234
    "I am not sure. I don't think there are neighborhood parties. I like that the neighborhood is quiet during the nights. "
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  • Joleen C.
    "There literally are none in orchard valley. There’s a community center that can be rented out and is used occasionally by the public but not for the neighborhood to partake in usually."
    0
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  • Heather-321
    "Frontier Days brings lots of great bands and fun things to do for the whole family. Always a concert in the park in the summer "
    0
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  • Nulevel
    "Everyone loves animals here an will watch out for them if they are found roaming out of your home. "
    0
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  • Macayla B.
    "I’ve lived in this neighborhood for a little over 3 years and I’m proud to call it my home. People are so welcoming and down to earth. "
    0
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  • Beth A.
    "No special events for our neighborhood have ever been held. Community events for the town are frequent "
    0
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  • Macayla B.
    "I’ve lived in cheyenne for a little over 3 years and I’ve never been so happy with a place. Everybody is down to earth and works great to improve the town. "
    0
    Flag
  • Beth A.
    "I have lived here for 15 years and considerate it home. For the most part, neighbors take care of their yards and manage their property as well."
    0
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  • Sarah E.
    "Just moved to Cheyenne and it’s absolutely amazing. People are so incredibly nice here! So happy to be here!!"
    0
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  • Macayla B.
    "I’ve lived here for three years and the neighborhood is very calm and down to earth. Love it here. I’ve lived in small towns and large cities and this city is definitely my favorite."
    0
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  • Shalema Moore
    "Its quiet and family oriented. A great place to have a family . A bit cool most monthes , but over all a good place to live"
    31
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  • Denise C. H.
    "People are always out walking their dogs. Neighbors are always concerned and helpful when a pet is missing. You don’t see dogs running loose. Also neighbors are good about not letting their dogs bark constantly."
    0
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  • Rich
    "Other dog owners in the neighborhood are very friendly as are their pets. Lots of area to walk around. "
    0
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  • Unspecified
    "Families with kids, quite neighborhood. Open space for kids to play. People drive fast, but it’s mostly construction traffic."
    0
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  • Nulevel
    "As long as you have a nice yard an an dog doesn’t bark all day every one loves dogs here. I have a very large dog an have had zero problems "
    0
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  • Brandon M.
    "No rush hour traffic means home in 10 minutes, way outside of town! Although the drivers tend to think all cars travel at 40 mph, especially on 55 mph, one-lane roads."
    0
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  • DLR
    "Very friendly, personable and welcoming. Great for singles and families looking for an active community lifestyle. "
    0
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  • Anon
    "Does not feel safe. A lot of homeless people on the way to work. Also the roads do not get cleaned well in the winter time. "
    0
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  • Ahhjeans
    "My neighborhood has excellent mass transit if that’s what you want to call it we have a rather small bus fleet but you can get anywhere in town within an hour and a half by bus we also have Uber Lyft and several taxi companies during Cheyenne frontier days we also have Bicycle taxis and parking right"
    0
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  • w8manofgod
    "I love it here, it’s quiet and nice, when the wind doesn’t blow. Close the the front range of Colorado, great views "
    0
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  • Cherie S.
    "good neighborhood. children can ride their bikes without getting ran over. people are friendly. keep their yard nice. "
    0
    Flag

Market trends in Cheyenne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$387K
$11.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$191
$3MoM
Available listings
377
22MoM

Home Value

Trulia Estimate
$536K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$156K (+41%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +262% in the last 10 years
MonthEstimated value
2026
September 2026$536K
August 2026$530K
July 2026$539K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
702 E 2nd St, Cheyenne, WY
0.14
Multi-Family Home
-
12/23/25
-
2,028
817 E 4th St, Cheyenne, WY
0.26
Multi-Family Home
-
02/26/26
-
2,295
102 Montalto Dr, Cheyenne, WY
0.42
Multi-Family Home
-
07/31/26
-
4,012
506 E 7th St, Cheyenne, WY
0.37
Multi-Family Home
-
05/01/26
-
2,462
343 Annie Morgan Ct, Cheyenne, WY
0.75
Multi-Family Home
-
04/30/26
-
3,400
800 W 10th St, Cheyenne, WY
0.94
Multi-Family Home
-
09/10/25
-
2,582
624 W 4th St, Cheyenne, WY
0.80
Multi-Family Home
-
02/06/26
-
3,400
212 Avenue C #4, Cheyenne, WY
1.10
Multi-Family Home
-
06/24/26
-
2,686
811 E 17th St, Cheyenne, WY
1.04
Multi-Family Home
-
10/31/25
-
6,496
1716 Pebrican Ave, Cheyenne, WY
1.09
Multi-Family Home
-
01/05/26
-
3,957

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
508 E 2nd St, Cheyenne, WY 82007
0.03
-
2
1.5
744
Recently Sold
500 E 2nd St, Cheyenne, WY 82007
0.03
-
-
-
-
Off Market
602 2nd St, Cheyenne, WY 89007
0.06
$280,700
3
2.5
1,477
Off Market
522 E 2nd St, Cheyenne, WY 82007
0.05
-
2
1
900
Recently Sold
618 2nd St, Cheyenne, WY 89007
0.07
$282,500
3
2.5
1,477
Off Market
603 E 2nd St, Cheyenne, WY 82007
0.08
$194,200
2
1
1,060
Off Market
622 2nd St, Cheyenne, WY 89007
0.07
$279,900
3
2.5
1,477
Off Market
606 E 2nd St, Cheyenne, WY 82007
0.08
$281,100
3
2
1,476
Off Market
515 E 3rd St, Cheyenne, WY 82007
0.07
-
2
1
1,002
Recently Sold
601 E 3rd St, Cheyenne, WY 82007
0.09
-
-
-
-
Off Market
219 Maxwell Ave, Cheyenne, WY 82007
0.09
$324,100
3
2
1,586
Off Market

Price and Tax history

DateEventPrice
Jul 21, 2026
Source: Cheyenne BOR #101508
Listed For Sale
$550,000
Nov 8, 2024
Source: Zillow Rentals
ListingRemoved
$1,500
Oct 10, 2024
Source: Zillow Rentals
PriceChange
$1,500
Price increased by 9%
Oct 8, 2024
Source: Zillow Rentals
Listed For Rent
$1,375
Feb 15, 2024
Source: Cheyenne BOR #91398
ListingRemoved
$450,000

LGBTQ Local Legal Protections

Patrick Graham, eXp Realty, LLC
Agent Phone: (307) 640-3039
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

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Frequently asked questions about 503 E 2nd St

  • What is the estimated monthly payment for 503 E 2nd St?
    Based on a $550,000 list price with 20% down at today's rates, the estimated monthly payment for 503 E 2nd St in Cheyenne, WY is approximately $3,253 (about $2,912 principal & interest, $266 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 503 E 2nd St compare to homes in Cheyenne?
    503 E 2nd St in Cheyenne, WY is listed at $550,000, about 42% above the $387K median sale price in Cheyenne.
  • What do residents say about Cheyenne?
    Residents describe Cheyenne, WY as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Cheyenne, WY.
  • What are the closest schools to 503 E 2nd St?
    The closest schools to 503 E 2nd St in Cheyenne, WY are Hebard Elementary School (Pre-K, rated 5/10), Johnson Junior High School (rated 2/10), South High School (rated 2/10).
  • Does 503 E 2nd St have laundry facilities?
    Yes, 503 E 2nd St in Cheyenne, WY has laundry facilities.
503 E 2nd St, Cheyenne, WY 82007 is a studio, 2,640 sqft multi-family built in 1956. This property is currently available for sale and was listed by Cheyenne BOR on Jul 21, 2026. The MLS # for this home is MLS# 101508.