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Pending
  • $514,999

    3020 Reed Ave, Cheyenne, WY 82001

    5beds
    2,650sqft
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    City Residential, Residential
    Built in 1928
    6,969 Square Feet Lot
    $-- Zestimate®
    $194/sqft
    $-- HOA

    What's special

    Board game collectionHigh-end kitchen amenitiesThree thoughtfully furnished bedroomsPool tableArcade machinesMemory foam mattressesPrivate mini-golf putting green
    Step into a seamless investment opportunity with this stunning 5-bedroom, 2-bathroom property being sold as a fully furnished, operational short-term rental business. This property was renovated as a duplex with flexible use as a single property that perfectly bridges timeless charm with modern luxury, retaining its original 1928 hardwood floors alongside a fresh, Western-inspired design. Centrally located in the heart of Cheyenne, the property is strategically positioned just minutes from major local hubs and high-demand destinations, including F.E. Warren Air Force Base, Cheyenne Regional Medical Center, State Capitol, and Frontier Park. Put together with premium comfort, fun, and convenience in mind, this property is engineered for high guest satisfaction, steady occupancy, and maximum rental yield. The main floor boasts bright, inviting spaces flooded with natural light, featuring three thoughtfully furnished bedrooms - a bright King room, a serene Queen room, and a cheerful Twin room - all outfitted with premium bedding, room-darkening curtains, and memory foam mattresses to ensure restful nights. Guests can channel their inner chef in the fully equipped kitchen, which features premium Cangshan knives and a sunny breakfast nook perfect for morning coffee. The entertainment continues downstairs in the ultimate lower-level hangout, where a quintessential game room features a pool table, classic arcade games like Pacman and Atari, a board game collection, a cozy TV lounge, and a convenient kitchenette for quick snacks and drinks. Two additional bedrooms (one King and one Queen), a second full bathroom, and a large-capacity washer and dryer round out the lower level, making the space ideal for large groups and effortless extended stays. The experience extends into the spacious, fully fenced backyard, which serves as a major guest draw thanks to its private mini-golf putting green. Complete with an outdoor dining table and a premium lounging set, the outdoor oasis is custom - built for relaxing and enjoying the fresh Wyoming air. From the high-end kitchen amenities down to the arcade machines and putting green turf, everything transfers with the sale. This is a rare, truly turnkey opportunity to acquire a refined, high-performing asset in a prime Cheyenne location!
    29 days
    |
    734
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Bowers 307-460-0563,

    Coldwell Banker, The Property Exchange

    Source: Cheyenne BOR,MLS#: 100797MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 132
      • Dimensions: 11 x 12
      Bedroom 2
      • Level: Main
      • Area: 110
      • Dimensions: 11 x 10
      Bedroom 3
      • Level: Main
      • Area: 132
      • Dimensions: 11 x 12
      Bedroom 4
      • Level: Basement
      • Area: 132
      • Dimensions: 12 x 11
      Bedroom 5
      • Level: Basement
      • Area: 195
      • Dimensions: 15 x 13
      Bathroom 1
      • Features: Full
      • Level: Main
      Bathroom 2
      • Features: 3/4
      • Level: Basement
      Dining room
      • Level: Main
      • Area: 176
      • Dimensions: 16 x 11
      Family room
      • Level: Basement
      • Area: 264
      • Dimensions: 12 x 22
      Kitchen
      • Level: Main
      • Area: 224
      • Dimensions: 16 x 14
      Living room
      • Level: Main
      • Area: 208
      • Dimensions: 16 x 13
      Basement
      • Area: 1325
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Eat-in Kitchen, Separate Dining, Main Floor Primary, Solid Surface Countertops
      • Flooring: Hardwood
      • Basement: Partially Finished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,650
      • Total interior livable area: 2,650 sqft
      • Finished area above ground: 1,325

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Attached
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Enclosd Patio/Por-no heat
      • Fencing: Back Yard
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 7000
      Details
      • Parcel number: 14673612200800

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: City Residential, Residential
      Materials
      • Brick, Wood/Hardboard
      • Foundation: Basement
      • Roof: Composition/Asphalt
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Electric: Black Hills Energy
      • Gas: Black Hills Energy
      • Sewer: City Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Holdrege Add
      HOA
      • Services included: None
      Location
      • Region: Cheyenne

      Financial & listing details

      • Price per square foot: $194/sqft
      • Tax assessed value: $339,327
      • Annual tax amount: $2,273
      • Price range: $515K - $515K
      • Date on market: 5/15/2026
      • Listing agreement: N
      • Listing terms: Cash,Conventional
      • Inclusions: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Window Coverings
      • Exclusions: N
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Pending sale$514,999$194/sqft
        Source: Cheyenne BOR #100797 Report a problem
        5/15/2026Listed for sale$514,999+14.5%$194/sqft
        Source: Cheyenne BOR #100797 Report a problem
        10/11/2024Sold--
        Source: Cheyenne BOR #94511 Report a problem
        9/12/2024Pending sale$449,900$170/sqft
        Source: Cheyenne BOR #94511 Report a problem
        8/20/2024Listed for sale$449,900$170/sqft
        Source: Cheyenne BOR #94511 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,274 -25.2%$32,236 -25%
        2024$3,040 +12.4%$42,990 +12.4%
        2023$2,705 +15.2%$38,250 +17.6%
        2022$2,348 +12.7%$32,535 +13%
        2021$2,084 +12.5%$28,802 +12.2%
        2020$1,853 +3%$25,680 +3.1%
        2019$1,798 +26%$24,903 +24.9%
        2018$1,427 +7.8%$19,946 +8.7%
        2017$1,324 +6.3%$18,344 +6.4%
        2016$1,245 $17,243 +1%
        2015$1,245 -11.9%$17,065 -12.2%
        2014$1,413 $19,441 +4.3%
        2013-- $18,643 +0.1%
        2012-- $18,633 +1.7%
        2011-- $18,314 -1.8%
        2010-- $18,647 +7.5%
        2009-- $17,345 +4%
        2005-- $16,673 +13.7%
        2004-- $14,658 +12.4%
        2003-- $13,042 +4.1%
        2002-- $12,530 +5.2%
        2001-- $11,906

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 82001

          Getting around

          63 / 100
          Somewhat Walkable
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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