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404 10th St, Wheatland, WY 82201

Wheatland
Local realty services provided by:CENTURY 21 Bell Real Estate
404 10th St,Wheatland, WY 82201
$400,000
  • - Beds
  • - Baths
  • 3,704 sq. ft.
  • Multi-family
  • Active
Listed by: mariah jeffery
Office: coldwell banker, the property exchange
MLS#:98413
Source:WY_CBOR

Price summary

  • Price:$400,000
  • Price per sq. ft.:$107.99

About this home

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.

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Home facts

  • Year built:1944
  • Listing ID #:98413
  • Added:229 day(s) ago
  • Updated:April 14, 2026 at 02:37 PM

Rooms and interior

  • Living area:3,704 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1944
  • Building area:3,704 sq. ft.
  • Lot area:0.4 Acres
  • Levels:1 Story

Utilities

  • Water:Public (City) Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$107.99
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