404 10th St Wheatland, WY 82201
Estimated payment $2,557/month
Highlights
- 0.4 Acre Lot
- Garage
- 4-minute walk to Lewis Park
- 1-Story Property
- Heating Available
About This Home
Seller carry at 5% offered! This well-maintained 5-unit income property is a prime investment opportunity in a desirable area. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. Recent flood-related renovations left several units vacant, offering upside for leasing at market rates with a pro-forma cap rate of 7.6%. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,494
Year Built
- Built in 1944
Parking
- Garage
Home Design
- Stucco
Interior Spaces
- 3,704 Sq Ft Home
- 1-Story Property
- Oven or Range
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Additional Features
- 0.4 Acre Lot
- Heating Available
Community Details
- 5 Units
- Wheatland Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,944 | $20,462 | $2,568 | $17,894 |
| 2024 | $1,944 | $26,631 | $3,292 | $23,339 |
| 2023 | $1,882 | $25,777 | $2,909 | $22,868 |
| 2022 | $1,742 | $22,925 | $2,909 | $20,016 |
| 2021 | $1,455 | $19,145 | $2,743 | $16,402 |
| 2020 | $1,415 | $18,623 | $2,743 | $15,880 |
| 2019 | $1,271 | $16,837 | $3,275 | $13,562 |
| 2018 | $965 | $12,781 | $2,677 | $10,104 |
| 2017 | $946 | $12,532 | $2,677 | $9,855 |
| 2016 | $944 | $12,502 | $2,677 | $9,825 |
| 2015 | $911 | $12,309 | $2,677 | $9,632 |
| 2014 | $911 | $12,107 | $2,677 | $9,430 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $450,000 | -- | $121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | Commercial |
Source: Cheyenne Board of REALTORS®
MLS Number: 98413
APN: R0002910
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