Exceptional Investment Opportunity in Cheyenne, WY – Turnkey 2-Bedroom Rental Unlock steady income and long-term growth with this well-maintained 2-bedroom, 1-bath single-family home located in one of Cheyenne’s most desirable and peaceful residential neighborhoods. This inviting property is move-in ready and ideal for attracting long-term tenants, making it a perfect addition to any real estate investment portfolio. Inside, you'll find a thoughtfully updated interior featuring a bright and spacious living room, a modern kitchen with quality appliances and ample cabinet space, and two well-sized bedrooms with generous closet storage. The full bathroom has been tastefully upgraded, offering both functionality and style. Additional highlights include: Off-street parking for tenant convenience Private, fully fenced backyard—perfect for pets, gardening, or relaxing outdoor space Low-maintenance exterior and updated mechanical systems Strong rental history with consistent occupancy and reliable cash flow Cheyenne’s growing economy, stable job market, and historically low vacancy rates continue to drive demand for quality rental housing. With its manageable size and minimal maintenance requirements, this property provides investors with an easy-to-operate asset in a region known for strong rental performance and rising property values. Whether you’re a first-time investor looking for a secure entry point or a seasoned buyer seeking to expand in a high-growth market, this charming rental offers a compelling blend of income, stability, and future upside.
For sale
$249,000
615 W 7th St, Cheyenne, WY 82007
2beds
1,156sqft
Est.:
City Residential, Residential
Built in 1937
0.3 Acres Lot
$244,200 Zestimate®
$215/sqft
$-- HOA
What's special
Off-street parkingLow-maintenance exteriorThoughtfully updated interiorPrivate fully fenced backyardAmple cabinet space
- 54 days
- on Zillow |
- 1,316 |
- 75 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 12:06pm
Listed by:
Jessica Forbis 307-287-6691,
WYO Real Estate, LLC
Source: Cheyenne BOR,MLS#: 97472

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Length: 150
Bedroom 2
- Level: Main
- Length: 120
Bathroom 1
- Features: Full
- Level: Main
Basement
- Area: 240
Heating
- In-Floor Heat, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Main Level
Features
- Main Floor Primary
- Basement: Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,156
- Total interior livable area: 1,156 sqft
- Finished area above ground: 916
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Detached, Other
- Has garage: Yes
- Covered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Fencing: Back Yard
Lot
- Size: 0.3 Acres
- Dimensions: 13200
Details
- Additional structures: Utility Shed
- Parcel number: 17712000700040
Construction
Type & style
- Home type: SingleFamily
- Property subtype: City Residential, Residential
Materials
- Stone
- Foundation: Cellar
- Roof: Composition/Asphalt
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Electric: Black Hills Energy
- Gas: Black Hills Energy
- Sewer: City Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Roberts Place
HOA
- Services included: None
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $236,832
- Annual tax amount: $1,590
- Price range: $249K - $249K
- Date on market: 6/13/2025
- Listing agreement: N
- Listing terms: Cash,Conventional,FHA
- Inclusions: Dishwasher, Range/Oven, Refrigerator
- Exclusions: N
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