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100 E 28th St, 
Cheyenne, WY 82001

$389,900

—

Bed

—

Bath

3,362

Sq Ft

Multi-Family

Active

Listed by

Mariah Jeffery

Coldwell Banker, The Property Exchange

307-632-6481

Last updated:

May 31, 2026, 09:06 PM

MLS#

100946

Source:

WY CBOR

About This Home

100 E 28th St

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 Facts

Multi-Family

Built in 1921

Price Summary

389,900

$115 per Sq. Ft.

MLS #:

100946

Last Updated:

May 31, 2026, 09:06 PM

Added:

2 day(s) ago

Rooms & Interior

Interior

Living Area:

3,362 Sq. Ft.

Structure

Structure

Building Area:

3,362 Sq. Ft.

Year Built:

1921

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$389,900

Price per Sq. Ft:

$115 per Sq. Ft.

Source:WY CBOR
Copyright 2026Northeast Florida Multiple Listing Service, Inc. All rights reserved.” • “© 2026Northeast Florida Multiple Listing Service, Inc. All rights reserved. Information deemed reliable but not guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.