Charming Duplex - Great Investment Opportunity!! Excellent income property that features two 1 bedroom, 1 bathroom units, property is fully fenced and has garage space available. Well maintained and conveniently located near shopping, dining and FE Warren Air Force Base. Strong rental potential and easy to manage. Brand new decking, roof (upgraded to class 4 shingles) and gutters. Don't miss this turnkey investment opportunity!!
For sale
Price cut: $10K (2/17)
$315,000
3205 Reed Ave, Cheyenne, WY 82001
--beds
--baths
1,024sqft
Est.:
Duplex, Multi Family
Built in 1941
-- sqft lot
$312,800 Zestimate®
$308/sqft
$-- HOA
What's special
Brand new decking
- 147 days |
- 451 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 10:17am
Listed by:
Vicki Sopr 307-631-5069,
#1 Properties
Source: Cheyenne BOR,MLS#: 99081
Tour with a local agent
Facts & features
Interior
Heating
- Gas Forced Air
Appliances
- Laundry: Washer/Dryer Included
Features
- Flooring: Carpet
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
- Finished area above ground: 1,024
Video & virtual tour
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Exterior features: Storage
- Fencing: Fenced
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 7,725
Details
- Parcel number: 14673610102800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Roof: Composition/Asphalt
Condition
- Year built: 1941
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Holdrege Add
Location
- Region: Cheyenne
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $139,952
- Annual tax amount: $938
- Price range: $315K - $315K
- Date on market: 11/10/2025
- Listing agreement: N
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: N
- Total actual rent: 1525
- Tenant pays: Electricity, Gas
Estimated market value
$312,800
$297,000 - $328,000
$1,431/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Price change | $315,000-3.1%$308/sqft |
Source:  Cheyenne BOR #99081 Report a problem | ||
| 11/10/2025 | Listed for sale | $325,000+178%$317/sqft |
Source: Cheyenne BOR #99081 Report a problem | ||
| 2/19/2010 | Sold | -- |
Source: Cheyenne BOR #41727 Report a problem | ||
| 11/20/2009 | Listing removed | $116,900$114/sqft |
Source: CENTURY 21 Bell Real Estate #41727 Report a problem | ||
| 6/4/2009 | Listed for sale | $116,900$114/sqft |
Source: Century 21 #41727 Report a problem | ||
| 8/15/2006 | Sold | -- |
Source: Cheyenne BOR #29970 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $938 -27% | $13,295 -26.8% |
| 2024 | $1,284 +5.2% | $18,163 +5.2% |
| 2023 | $1,221 +9.7% | $17,268 +12% |
| 2022 | $1,113 +16.9% | $15,419 +17.1% |
| 2021 | $952 | $13,164 +6.9% |
| 2020 | -- | $12,316 +1.9% |
| 2019 | $872 +5.4% | $12,081 +4.4% |
| 2018 | $828 +9.5% | $11,574 +10.4% |
| 2017 | $756 +7.3% | $10,479 +7.4% |
| 2016 | $705 | $9,761 -3.9% |
| 2015 | $705 -6.9% | $10,152 -2.5% |
| 2014 | $757 | $10,415 +2% |
| 2013 | -- | $10,215 +8.2% |
| 2012 | -- | $9,440 +2.5% |
| 2011 | -- | $9,209 +2.7% |
| 2010 | -- | $8,970 -14% |
| 2009 | -- | $10,430 -10.5% |
| 2005 | -- | $11,660 +13.8% |
| 2004 | -- | $10,250 +11.4% |
| 2003 | -- | $9,198 +4.1% |
| 2002 | -- | $8,834 +2.3% |
| 2001 | -- | $8,634 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,732/mo
Principal & interest
$1580
Property taxes
$152
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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: 2.1 mi
- 7/10Central High SchoolGrades: 9-12Distance: 1.8 mi
Local experts in 82001
- Wyoming
- Laramie County
- Cheyenne
- 82001
- 3205 Reed Ave
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