1450 Johnston St Wheatland, WY 82201
Listing Courtesy of: CHEYENNE BOARD OF REALTORS / Coldwell Banker The Property Exchange / Mariah Jeffery

  1450 Johnston St Wheatland, WY 82201

Pending (100 Days)
$450,000 (USD)

Description

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. Dont miss this rare chance to own a turnkey, income-producing property in a thriving area with strong fundamentals and future growth potential.

MLS #:
98410
Taxes
$1,387(2025)
Lot Size
6,970 SQFT
Type
Multifamily
Year Built
1955
Style
2 Story
Views
No
County
Platte County

Listed By

Mariah Jeffery, Coldwell Banker The Property Exchange
Source
CHEYENNE BOARD OF REALTORS
Last checked Dec 15 2025 at 10:30 PM GMT+0000
Bathroom Details
Interior Features
  • Appliances : Range/Oven
  • Appliances : Refrigerator
  • Laundry : Washer/Dryer Included
  • Laundry : Coin Ops
Subdivision
  • Wheatland
Heating and Cooling
  • Other
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Public (City) Water
  • Sewer: City Sewer
Garage
  • Garage(s)
Stories
  • 2
Location
   
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Disclaimer: Copyright 2025 Cheyenne Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/15/25 14:30