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For sale
  • $400,000

    404 10th St, Wheatland, WY 82201

    --beds
    --baths
    2,460sqft
    : 
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    5-8 Plex, Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $-- HOA

    What's special

    New flooring
    This well-maintained 5-unit income property is fully leased and is currently operating at a 9.32% Cap with upside potential and a pro-forma cap around 10.4%. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. There is a large garage with 5 separate units that is currently being used by the owner for storage. This offers additional income opportunity for the new owner to lease these units and raise the rent. Seller *may* carry at a minimum of 25% down (non-negotiable) and 5% interest rate with a 5 year balloon (max). A rare earth mineral mine west of Wheatland, set to ramp up in 2026, adds further growth potential. The detached 5-car garage assigns one spot per tenant, though previously used by the owner. Gas is owner-paid; electric, water, and sewer are separately metered, reducing costs. Perfect for investors seeking cash flow and value-add potential in a high-demand market.
    312 days
    |
    104
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mariah Jeffery 307-316-2239,

    Coldwell Banker, The Property Exchange

    Source: Cheyenne BOR,MLS#: 98413MLS Logo

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      Facts & features

      Interior

      Heating
      • Electric
      Appliances
      • Included: Range, Refrigerator
      • Laundry: Hook-Ups, Individual, Other
      Interior area
      • Total structure area: 3,704
      • Total interior livable area: 2,460 sqft
      • Finished area above ground: 3,074

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.4 Acres
      • Dimensions: 17,500
      Details
      • Parcel number: 246813301006CM

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5-8 Plex, Multi Family
      Materials
      • Stucco
      • Roof: Other
      Condition
      • Year built: 1944

      Utilities & green energy

      • Sewer: City Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Wheatland
      Location
      • Region: Wheatland

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $215,381
      • Annual tax amount: $1,493
      • Price range: $400K - $400K
      • Date on market: 9/6/2025
      • Listing agreement: N
      • Listing terms: Cash,Conventional,Owner May Carry
      • Exclusions: N
      • Total actual rent: 3800
      • Tenant pays: Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/22/2025Price change$400,000-11.1%$163/sqft
        Source: Cheyenne BOR #98413 Report a problem
        9/6/2025Listed for sale$450,000$183/sqft
        Source: Cheyenne BOR #98413 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,494 -23.2%$20,462 -23.2%
        2024$1,944 +3.3%$26,631 +3.3%
        2023$1,882 +8%$25,777 +12.4%
        2022$1,742 +19.7%$22,925 +19.7%
        2021$1,455 +2.8%$19,145 +2.8%
        2020$1,415 +11.3%$18,623 +10.6%
        2019$1,271 +34.4%$16,837 +31.7%
        2018$946 +0.2%$12,781 +2%
        2017$944 +3.6%$12,532 +0.2%
        2016$911 $12,502 +1.6%
        2015$911 +3.9%$12,309 +1.7%
        2014$877 $12,107 +3.9%
        2013-- $11,655 +4.8%
        2012-- $11,125 +1.9%
        2011$858 $10,921
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 82201

        Getting around

        56 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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