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!
Pending
$514,999
3020 Reed Ave, Cheyenne, WY 82001
5beds
2,650sqft
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
- 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#: 100797
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Pending sale | $514,999$194/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $514,999+14.5%$194/sqft |
Source: | ||
| 10/11/2024 | Sold | -- |
Source: | ||
| 9/12/2024 | Pending sale | $449,900$170/sqft |
Source: | ||
| 8/20/2024 | Listed for sale | $449,900$170/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $11,906 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 82001
Nearby schools
GreatSchools rating
- 6/10Pioneer Park Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 6/10McCormick Junior High SchoolGrades: 7-8Distance: 2.2 mi
- 7/10Central High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wyoming
- Laramie County
- Cheyenne
- 82001
- 3020 Reed Ave







