600 Central Ave, Cheyenne, WY, 82007
About This Home
Explore this renovated 17-unit complex, strategically positioned just moments away from the bustling highway and downtown Cheyenne. Whether you're an astute investor aiming to tap into the thriving short-term rental market or seeking a strategic investment in traditional apartment accommodations, this property offers limitless potential to cater to a diverse range of tenants.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1937
Materials
- Roof: Composition/Asphalt
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Apartment Complex,Multi Family
Interior
Features
- Finished area above ground: 5,328
Heating
- Heating features: Electric
Interior Area
- Total structure area: 5,328
- Total interior livable area: 5,328 sqft
Property
Details
- Special condition: Realtor Owned
- Exclusions: N
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.29 Acres
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Hail
- Ice Storm
- Lightning
- Tornado
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Laramie County and Wyoming
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance | $648 | $7,776 |
| Property Taxes | $513 | $6,156 |
| Electricity | $361 | $4,334 |
| Total | $7,084 | $85,008 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-31 | Listed for sale | $1,099,999 |
| 2025-03-30 | Listing removed | $1,169,999 |
| 2024-08-20 | Price change | $1,169,999 |
| 2024-04-02 | Listed for sale | $1,199,999 |
| 2023-08-25 | Listing removed | $1,199,999 |
| 2023-06-30 | Listed for sale | $1,199,999 |
For Sale by Agent
View on Zillow