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  • Price Unknown

    1450 Johnston St, Wheatland, WY 82201

    --beds
    --baths
    2,800sqft
    Quadruplex, Multi Family
    Built in 1955
    -- sqft lot
    $406,000 Zestimate®
    $--/sqft
    $1,069 Estimated rent

    Home value

    $406,000

    Estimated sales range

    Not available

    $1,069/mo

    Zestimate® history
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    What's special

    Beautiful landscapingMostly fenced yard
    Seller financing offered at 5% interest rate! This attractive 4-plex offers a fantastic investment opportunity with a strong rental history and significant upside potential. Situated in a prime Wheatland location across from the hospital, this well-maintained property is perfect for investors seeking stable cash flow with room for growth. The property boasts a 6.7% cap rate with below-market rents, providing excellent value and room to increase revenue. It is well-cared for with beautiful landscaping, new concrete and a mostly fenced yard for tenant enjoyment. An on-site coin-operated washer and dryer generate additional income. Each tenant enjoys one dedicated garage stall and a separate storage area for added convenience. The property is equipped with 1 gas meter, 5 electric meters, and 5 water heaters for efficient utility management. The property is positioned for growth with a rare earth minerals mine set to ramp up in 2026, driving local economic activity and rental demand. Don’t miss this rare chance to own a turnkey, income-producing property in a thriving area with strong fundamentals and future growth potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mariah Jeffery 307-316-2239,

    Coldwell Banker, The Property Exchange

    Bought with:

    Mariah Jeffery

    Coldwell Banker, The Property Exchange

    Source: Cheyenne BOR,MLS#: 98410MLS Logo

    Facts & features

    Interior

    Heating
    • Other
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Coin Ops, Washer/Dryer Included
    Interior area
    • Total structure area: 2,888
    • Total interior livable area: 2,800 sqft
    • Finished area above ground: 2,888

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lawn Sprinklers, Landscaped, Storage
    • Fencing: Fenced
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 7,000
    Details
    • Parcel number: 246813304001CM
    • Special conditions: Arms Length Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: City Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Wheatland
    Location
    • Region: Wheatland

    Financial & listing details

    • Tax assessed value: $200,004
    • Annual tax amount: $1,387
    • Date on market: 9/6/2025
    • Listing agreement: N
    • Listing terms: Cash,Conventional,Owner May Carry
    • Exclusions: N
    • Total actual rent: 3700
    • Tenant pays: Electricity, Trash Collection, Water, Other, Sewer

    Price history

    DateEventPrice
    1/16/2026Sold--
    Source: Cheyenne BOR #98410 Report a problem
    12/5/2025Pending sale$450,000$161/sqft
    Source: Cheyenne BOR #98410 Report a problem
    9/6/2025Listed for sale$450,000-16.4%$161/sqft
    Source: Cheyenne BOR #98410 Report a problem
    5/31/2025Listing removed$538,000$192/sqft
    Source: Cheyenne BOR #93438 Report a problem
    5/13/2024Listed for sale$538,000+7.6%$192/sqft
    Source: Cheyenne BOR #93438 Report a problem
    12/2/2022Listing removed$500,000$179/sqft
    Source: Cheyenne BOR #84435 Report a problem
    12/3/2021Listed for sale$500,000$179/sqft
    Source: Cheyenne BOR #84435 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,387 -23.3%$19,001 -23.3%
    2024$1,807 +3%$24,759 +3%
    2023$1,756 +8.7%$24,048 +13.1%
    2022$1,616 +21.1%$21,259 +21.1%
    2021$1,335 +3%$17,561 +3%
    2020$1,295 +46.8%$17,042 +45.8%
    2019$882 +6.7%$11,687 +4.4%
    2018$827 +0.2%$11,196 +2.2%
    2017$825 +2.3%$10,954 +0.2%
    2016$806 $10,929 +1.8%
    2015$806 +4.5%$10,734 +0.2%
    2014$772 $10,714 +4.5%
    2013-- $10,256 +5.6%
    2012-- $9,716 +7.6%
    2011$709 $9,033
    Find assessor info on the county website

    Neighborhood: 82201

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $406,000
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    +$8,120
    With Zillow Showcase(estimated)
    $414,120