404 10th St Wheatland, WY 82201
Listing Courtesy of: CHEYENNE BOARD OF REALTORS / Coldwell Banker The Property Exchange / Mariah Jeffery

  404 10th St Wheatland, WY 82201

Active (238 Days)
$400,000 (USD)

Description

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.

MLS #:
98413
Taxes
$1,494(2025)
Lot Size
0.4 acres
Type
Multifamily
Year Built
1944
Style
1 Story
Views
No
County
Platte County

Listed By

Mariah Jeffery, Coldwell Banker The Property Exchange
Source
CHEYENNE BOARD OF REALTORS
Last checked May 3 2026 at 12:06 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances : Range/Oven
  • Appliances : Refrigerator
  • Laundry : Other
  • Laundry : Hook-Ups
  • Laundry : Individual
Subdivision
  • Wheatland
Heating and Cooling
  • Electric
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Public (City) Water
  • Sewer: City Sewer
Garage
  • Garage(s)
Stories
  • 1
Location
   
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Disclaimer: Copyright 2026 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 5/2/26 17:06