1918 Douglas Home with a 24x32 Shop and Owner Financing Potential — $144,500

The shop is the first thing worth your attention here. It sits in the backyard with alley access, measures 24 by 32 feet, and that is a serious amount of covered space. Two additional storage sheds are back there as well, smaller ones, so the whole rear of the lot is set up for someone who needs room to work or store things. If you have a truck, tools, a trailer, or a hobby that requires square footage, this property makes more sense than most of what you will find in this price range.

The house itself was built in 1918 and sits on North 5th Street in Douglas, Wyoming. At 1,100 square feet, it is a two bedroom, one bath layout. The agent description mentions the common area is upstairs and there is a light house in the front yard, which is a small decorative piece and a specific enough detail that it suggests the place has some personality to it. Beyond that, the listing is thin on interior description, so you would need to walk it to know what the woodwork looks like, how the rooms sit, what shape the floors are in. For a 1918 home you would want to look at those things carefully.

What does stand out on paper is the financing situation. This property may qualify for owner financing through Vendee, which is a program that can open the door for buyers who have trouble qualifying through conventional lenders. That is a real access point for a certain kind of buyer and worth asking the listing agent about directly.

Douglas is in Converse County in east-central Wyoming. The lot gives you alley access in back and a house with more than a hundred years behind it in front. At $144,500 for 1,100 square feet of house plus a 768 square foot shop plus two sheds, the math on usable space per dollar is worth running.