Opportunity awaits with this R3-zoned bungalow located in a prime location within the heart of downtown Cody, Wyoming. This fixer-upper offers flexibility for investors or buyers with vision, with zoning that allows a variety of uses, including potential short-term or vacation rental use (buyer to verify with city). The home is ready for renovation, making it an ideal project for those looking to add value through remodeling and design. Upstairs has 2 bedrooms and 1 bathroom, large open living and dining space. Downstairs there is the possibility to finish a bathroom and laundry, and a pellet stove to add some comfort to the desired use of the remaining space. The downtown location provides strong demand, walkability, and long-term upside, all at an accessible price point. Whether you’re seeking a downtown investment property, a renovation project, or future rental opportunity, this property offers a rare chance to secure R3 zoning in a prime Downtown Cody location.