807 E 3rd St Cheyenne, WY 82007
South Cheyenne NeighborhoodEstimated payment $1,499/month
Total Views
54,451
1
Bed
1
Bath
670
Sq Ft
$396
Price per Sq Ft
Highlights
- Very Popular Property
- Ranch Style House
- Heating System Mounted To A Wall or Window
- 0.29 Acre Lot
- Separate Outdoor Workshop
About This Home
Rare opportunity with serious upside potential! This fully renovated 1-bedroom, 1-bath home sits on an oversized 0.29-acre lot within city limits and could be an excellent fit for a first-time home buyer or an investor seeking strong cash flow and future development possibilities. The home has been updated throughout and features beautiful LVP flooring, modern finishes, and a stylish stand-in shower. It has consistently generated $1,200+ per month in rental income. In addition, the impressive 46x26 shop has its own separate meter and has produced $800+ per month, bringing the total to $2,000+ in monthly rental income from one purchase. What truly sets this property apart is that it carries four separate addresses, presenting a rare value-add opportunity. With city compliance and approval, there is potential to convert or further develop the property into a fourplex, significantly increasing long-term cash flow and overall value. Conveniently located close to downtown and within walking distance to Hebard Elementary School, this property also offers RV parking and plenty of space rarely found on in-town lots. Flexible, updated, income-producing, and full of opportunity, all on a large in-town lot in a desirable location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $862
Year Built
- Built in 1934
Lot Details
- 12,672 Sq Ft Lot
- Back Yard Fenced
Parking
- No Garage
Home Design
- Ranch Style House
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- Laminate Flooring
- Laundry on main level
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- Separate Outdoor Workshop
- Utility Building
- Outbuilding
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- South Cheyenne Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,122 | $12,231 | $3,818 | $8,413 |
| 2024 | $1,122 | $15,863 | $5,090 | $10,773 |
| 2023 | $1,094 | $15,469 | $5,090 | $10,379 |
| 2022 | $984 | $13,634 | $4,982 | $8,652 |
| 2021 | $916 | $12,666 | $4,982 | $7,684 |
| 2020 | $749 | $10,381 | $4,982 | $5,399 |
| 2019 | $723 | $10,015 | $4,982 | $5,033 |
| 2018 | $623 | $8,708 | $4,109 | $4,599 |
| 2017 | $572 | $7,927 | $3,158 | $4,769 |
| 2016 | $536 | $7,427 | $2,877 | $4,550 |
| 2015 | $418 | $5,792 | $2,877 | $2,915 |
| 2014 | $431 | $5,930 | $2,913 | $3,017 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $265,000 | -- | $396 / Sq Ft |
Source: Cheyenne Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
About the Listing Agent
Jased Gracia is a dedicated real estate professional, licensed home builder, and real estate investor serving Cheyenne and the surrounding areas. With experience in both real estate and residential construction, Jased brings a unique perspective that helps clients make informed decisions whether they’re buying, selling, building, or investing in property.
As a licensed home builder and active investor, Jased understands the full lifecycle of real estate—from land acquisition and
Jased's Other Listings
Source: Cheyenne Board of REALTORS®
MLS Number: 99970
APN: 1-1001-0743-0006-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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