3020 REED AVE, Cheyenne, WY 82001

• 5 beds |
• 2 baths |
• 2,650 sqft

Property Description

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!

Listing Status:

Pending

Date Added:

May 13, 2026

Data Last Updated:

June 6, 2026 at 4:57AM

Listing Office:

Coldwell Banker, The Property Exchange : 307-632-6481

MLS ID:

100797

Interior

• General: Eat In KitchenSeparate DiningMain Floor Primary
• Master Bedroom: M
• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Fireplace: None

Exterior

• General: BrickWood/HardboardBack FencedEnclosd Patio/Por-no heat
• Style: RANCH

Construction

• General: RANCH

Location

• HOA Amenities: None
• County: LARAMIE

Lot

• Zoning: See addendum

Utilities

• Water: Public (City) Water
• Sewer: City Sewer