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Listed price in listed location currency (USD).
$400,000

000

MLS® 98413

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $1,494
Days Active 222
Lot Size 
Approx. Age 1944
MLS® Number 98413

Property Address: 404 10th St, Wheatland, WY, 82201-2965

Average square foot calculated using Size range provided by listing agent.

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® Number98413
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1944
Basement
DrivewayGarage(s)
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 6, 2025List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
404 10Th St, Wheatland, WY

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