Charming, income-producing, and full of potential! This 3-bedroom, 1-bath ranch-style home offers comfortable main-floor living with beautiful hardwood floors throughout the living room and bedrooms. Natural light fills the home, creating a warm and inviting atmosphere. Situated on a spacious lot with fenced front and back yards, there is plenty of room for outdoor enjoyment. The unfinished basement offers excellent potential for future expansion with additional bedrooms, a bathroom, and second living area—or utilize the space for storage, a workshop, home gym, or art studio. Interested in entering the investment market? What better way to start than with a property already generating income! An established tenant is currently in place through at least April 2027, providing immediate rental income and an opportunity for a new owner to step into an existing investment. Whether adding to your portfolio or purchasing your first investment property, this home offers income today with potential for tomorrow.
For sale
$294,900
221 Desmet Dr, Cheyenne, WY 82007
3beds
2,000sqft
City Residential, Residential
Built in 1959
6,098 Square Feet Lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Comfortable main-floor livingWarm and inviting atmosphereSpacious lot
- 7 days
- 272
- 18
Zillow last checked:
Listing updated:
Listed by:
Tracy Wilson 307-630-8686,
Century 21 Bell Real Estate
Source: Cheyenne BOR,MLS#: 101941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 104
- Dimensions: 8 x 13
Bedroom 2
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Bedroom 3
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Bathroom 1
- Features: Full
- Level: Main
Dining room
- Level: Main
- Area: 72
- Dimensions: 8 x 9
Family room
- Level: Basement
- Area: 140
- Dimensions: 20 x 7
Kitchen
- Level: Main
- Area: 104
- Dimensions: 8 x 13
Living room
- Level: Main
- Area: 187
- Dimensions: 17 x 11
Basement
- Area: 1000
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Microwave, Range, Refrigerator
- Laundry: In Basement
Features
- Eat-in Kitchen
- Flooring: Hardwood
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 1,000
Property
Parking
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Fencing: Front Yard,Back Yard
Lot
- Size: 6,098 Square Feet
- Dimensions: 5997
- Features: Front Yard Sod/Grass, Backyard Sod/Grass
Details
- Parcel number: 11283001000260
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: City Residential, Residential
Materials
- Metal Siding
- Foundation: Basement
- Roof: Composition/Asphalt
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Black Hills Energy
- Gas: Black Hills Energy
- Sewer: City Sewer
- Water: Public
Green energy
- Energy efficient items: Ceiling Fan
Community & HOA
Community
- Subdivision: Arp Add
HOA
- Services included: None
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $254,354
- Annual tax amount: $1,258
- Price range: $294.9K - $294.9K
- Date on market: 8/28/2026
- Listing agreement: N
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Microwave, Range/Oven, Refrigerator
- Exclusions: N
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $294,900$147/sqft |
Source: | ||
| 4/16/2026 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Listing removed | $294,900$147/sqft |
Source: | ||
| 4/8/2026 | Listed for sale | $294,900$147/sqft |
Source: | ||
| 4/8/2026 | Listing removed | $294,900$147/sqft |
Source: | ||
| 3/17/2026 | Listed for rent | $1,550+5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2026 | Listed for sale | $294,900$147/sqft |
Source: | ||
| 6/24/2025 | Listing removed | $1,475$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2025 | Price change | $1,475-1.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $1,500+15.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/29/2020 | Listing removed | $1,295$1/sqft |
Source: Century 21 Bell Real Estate Report a problem | ||
| 1/14/2020 | Price change | $1,295-7.2%$1/sqft |
Source: Century 21 Bell Real Estate Report a problem | ||
| 11/13/2019 | Listed for rent | $1,395$1/sqft |
Source: Century 21 Bell Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $24,163 +35.4% |
| 2025 | $1,259 -26.6% | $17,847 -26.4% |
| 2024 | $1,716 +3.5% | $24,264 +3.5% |
| 2023 | $1,658 +9.2% | $23,451 +11.5% |
| 2022 | $1,518 +16.9% | $21,030 +17.2% |
| 2021 | $1,299 +50.6% | $17,950 +50.2% |
| 2020 | $862 +1% | $11,951 +1.1% |
| 2019 | $854 +19.6% | $11,824 +18.4% |
| 2018 | $714 +3.2% | $9,983 +4.1% |
| 2017 | $692 +5.9% | $9,587 +6% |
| 2016 | $653 | $9,048 +5.6% |
| 2015 | $653 +6.8% | $8,571 +1.9% |
| 2014 | $611 | $8,411 +0.1% |
| 2013 | -- | $8,404 +3.6% |
| 2012 | -- | $8,112 -1.9% |
| 2011 | -- | $8,273 +6% |
| 2010 | -- | $7,802 +3.6% |
| 2009 | -- | $7,531 -19.4% |
| 2005 | -- | $9,340 +11.4% |
| 2004 | -- | $8,386 +8.6% |
| 2003 | -- | $7,721 +11.3% |
| 2002 | -- | $6,940 +23.2% |
| 2001 | -- | $5,633 |
Find assessor info on the county website
Monthly payment
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