Tucked away just off Dell Range, this 2-acre property offers a unique blend of income potential, redevelopment opportunity, and a prime location that backs directly to Mylar Park with private access to the Greenway walking path—perfect for enjoying Cheyenne’s scenic outdoors right from your doorstep. The centerpiece is a duplex that provides immediate rental income, or the flexibility to live in one side while leasing the other. In addition, the property includes a barn and a second single-family home. While the second home may need some updates, it offers excellent potential as a guest house, long-term rental, or renovation project. What truly sets this property apart is its long-term development potential. With ample space and a park-adjacent setting, it could be an ideal site for luxury patio homes or reimagined into a boutique commercial concept featuring patio dining and outdoor gathering spaces. Whether you're an investor, developer, or someone seeking multi-family living in one of Cheyenne’s most desirable areas, this property offers versatility and upside that’s hard to find.
Sold on 06/02/25
Price Unknown
734 Prairie Ave #736, Cheyenne, WY 82009
--beds
--baths
2,780sqft
Duplex, Multi Family
Built in 1978
-- sqft lot
$614,900 Zestimate®
$--/sqft
$1,840 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 08, 2025 at 10:36am
Listed by:
Bailey Wheeler 307-631-0202,
Coldwell Banker, The Property Exchange
Bought with:
Bailey Wheeler
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR,MLS#: 96790
Facts & features
Interior
Heating
- Hot Water, Fireplace(s)
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Individual
Interior area
- Total structure area: 2,780
- Total interior livable area: 2,780 sqft
- Finished area above ground: 1,390
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2.01 Acres
- Dimensions: 73,276
- Features: Flood Plain
Details
- Special conditions: Arms Length Sale,Realtor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Frame
- Roof: Composition/Asphalt
Condition
- Year built: 1978
Utilities & green energy
- Sewer: City Sewer
- Water: Well, Public
Community & neighborhood
Location
- Region: Cheyenne
- Subdivision: Mylar Add
HOA & financial
Other financial information
- Total actual rent: 2200
Other
Other facts
- Listing agreement: N
- Listing terms: Cash,Conventional