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    202 E 3Rd Ave Cheyenne, WY 82001

    For Sale
    $408,000

    1 STORY, Duplex - Cheyenne, WY

    Type:Duplex
    Lot size:
    0.13 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 202 E 3Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Parking features
    Garage, Off Street
    Patio and Porch features
    Patio
    Exterior features
    Patio, Fence
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1923
    Number of units
    2
    Building materials
    Frame
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other

    Real Broker LLC (855) 450-0442 [email protected]

    Listing agent JP Fluellen (307) 772-1184

    Listing date Sep 30, 2025

    MLS# 97433 Listing URL

    Copyright © 2025 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cheyenne Duplex with Rental Income

    This maintained duplex, situated in a central location, presents an opportunity for investment or owner-occupancy with rental income potential. Unit 1, located on the main floor, features hardwood floors, two bedrooms, a full bathroom, a large living room with a fireplace, a separate dining area, and an updated kitchen equipped with a gas stove. This unit also includes a washer and dryer. It was previously rented for $1,350 per month. Unit 2, located in the basement, has a private entrance and includes three bedrooms, a 3/4 bathroom, a living room, a kitchen, and laundry facilities with a washer, dryer, and wash basin. This unit was previously rented for $1,150 per month, including the garage. Additional features include a fenced backyard, a detached single-car garage with alley access, extra off-street parking, and separate entrances for each unit. The property is located on a lot of approximately 0.13 acres. The property's central location and laundry amenities contribute to its rental appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.8208949
    Latitude
    41.1489317

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in a prime location, ideal for investors.
    Where is this duplex located?
    The property is located at 202 E 3Rd Ave Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $408,000.
    What are key features of this property?
    This property features: - Prime location in the heart of town, ensuring consistent rental demand.; - Income-generating potential: Live in one unit and rent the other to offset mortgage costs.; - Two separate units, each with private entrances and in-unit laundry (washer and dryer).
    (307) 772-1184
    Request Owner's contact information
    202 E 3Rd Ave Cheyenne, WY 82001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 E 3Rd Ave Cheyenne, WY 82001
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