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    3205 Reed Ave Cheyenne, WY 82001

    For Sale
    $325,000

    Duplex - Cheyenne, WY

    Type:Duplex
    Lot size:
    0.18 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 3205 Reed Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Parking features
    Garage
    Interior features
    Cable Access, Carpeted
    Exterior features
    Fence, Storage
    Fencing
    Fenced
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1941
    Number of units
    2
    Building materials
    Frame
    Roof type
    Asphalt, Composition, None
    Architectural style
    Other
    Additional Structures
    Storage

    #1 Properties (307) 634-2222 [email protected]

    Listing agent Vicki Sopr (307) 634-2222

    Listing date Nov 10, 2025

    MLS# 99081 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: Investment Opportunity

    This duplex presents an excellent income property opportunity. It features two units, each containing one bedroom and one bathroom. The property is fully fenced and includes garage space. Conveniently situated near shopping, dining, and FE Warren Air Force Base, it offers strong rental potential and ease of management. Recent upgrades include new decking, a new roof with class 4 shingles, and new gutters. The lot size is 0.18 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.8294894
    Latitude
    41.145345

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex near amenities and FE Warren Air Force Base.
    Where is this duplex located?
    The property is located at 3205 Reed Ave Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Excellent income property with strong rental potential.; - Two well-maintained 1 bedroom, 1 bathroom units.; - New roof (upgraded to class 4 shingles), decking, and gutters.
    (307) 634-2222
    Request Owner's contact information
    3205 Reed Ave Cheyenne, WY 82001
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    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
    3205 Reed Ave Cheyenne, WY 82001
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