This well-maintained 5-unit income property has a pro-forma cap over 10%. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. 2 of the one-bedroom units are leased and the others are currently vacant. 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.
For sale
$400,000
404 10th St, Wheatland, WY 82201
--beds
--baths
2,460sqft
5-8 Plex, Multi Family
Built in 1944
-- sqft lot
$-- Zestimate®
$163/sqft
$-- HOA
What's special
New flooring
- 361 days
- 128
- 1
Zillow last checked:
Listing updated:
Listed by:
Mariah Jeffery 307-316-2239,
Coldwell Banker, The Property Exchange
Source: Cheyenne BOR,MLS#: 98413
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: 3700
- Tenant pays: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Price change | $400,000-11.1%$163/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $450,000$183/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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





