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$724,000
5 Beds ⋅ 2 Baths ⋅ 10032706 MLS
2 Homes, one phenomenal location! Polished, turnkey living meets exceptional income potential in this completely refurbished Cody, Wyoming property. Located on Alger Avenue—one of the city’s most beautiful, tree-lined streets—this versatile home is just a block or two from premier downtown shopping, dining, Canal Park, the Rec Center, and the library. The property features a main house with craftsman-inspired details, extensively updated in 2022 to offer five bedrooms and two modern bathrooms across two floors. Out back, a fully fenced yard separates the main home from a private, detached ADU finished in 2025. This highly successful, 5-star short-term rental is a one-bedroom, one-bathroom upstairs studio complete with a kitchen/dining space, and its own dedicated parking; and private entry. Below the rental unit, on the ground floor, is a dedicated office or shop space. Well-cared for inside and out, this rare R3-zoned property allows both units to operate legally as short or long-term rentals, offering a rare opportunity to combine premium central living, rental income, and flexible workspace into one easy-to-maintain investment. Check out the 3D Tour!

1425 Alger Ave, Cody

Listing courtesy of BHHS Brokerage West, Inc..

$485,000
3 Beds ⋅ 3 Baths ⋅ 10032570 MLS
Step into the storied charm of Cody with this iconic 1901 property—an irreplaceable blend of history, location, and possibility. Inside, you’ll find architectural character woven into every corner—a rare authenticity that can’t be replicated. Currently configured as a duplex, the home is zoned D-2 Commercial, offering exceptional flexibility. Whether you're envisioning income property, a live-work setup, or a full commercial transformation, the opportunities here are as wide-open as the Big Sky. Outside, mature trees frame a private, inviting yard, ideal for relaxing or entertaining. A detached 2-car garage accompanies a substantial shop, and upstairs you'll find an apartment space already framed and ready for finishing—a fantastic chance to add value or create guest quarters. Perfectly situated just a short stroll from downtown’s vibrant shopping, dining, and entertainment, this home also places you moments from the Shoshone River’s fishing, trails, and breathtaking outdoor recreation. It’s truly the best of both worlds: small-town convenience and Wyoming adventure right outside your door. This is more than a property; it’s a piece of Cody’s history ready for its next chapter. Opportunities like this don’t come often—come see the potential for yourself.

1431 Wyoming Ave, Cody

Listing courtesy of BHHS Brokerage West, Inc..

$725,000
4 Beds ⋅ 4 Baths ⋅ 10020239 MLS
Downtown Cody Living with Built-In Flexibility Two blocks from Sheridan Avenue, this 2022-built townhouse offers immediate proximity to downtown dining, shops, and year-round events—without the upkeep of a traditional home. Built by Coe Construction, the property includes four bedrooms, four baths, and 2,664 finished square feet, including a fully finished basement that provides additional space for guests, recreation, or a home office. Ten-foot ceilings, tile flooring, a metal roof, central air conditioning, forced-air natural gas heat, and a gas fireplace deliver lasting durability and everyday comfort. Mountain views from the primary suite provide open-sky perspective rarely found this close to downtown. D-2 Commercial zoning allows full-time residential use, short-term rental, or live/work flexibility. The home has an established short-term rental history, creating income potential when not in personal use. The layout supports full-time residents and part-time owners seeking lock-and-leave convenience. With a $200 per year HOA and a move-in-ready interior, ownership remains straightforward and predictable. Enjoy it when you’re here. Let it work when you’re not.

1228 12th St 4, Cody

Listing courtesy of Richard Realty.