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1450 Johnston St, 
Wheatland, WY 82201

$450,000

—

Bed

—

Bath

2,888

Sq Ft

Multi-Family

Pending

Listed by

Mariah Jeffery

Coldwell Banker, The Property Exchange

307-632-6481

Last updated:

December 17, 2025, 10:50 AM

MLS#

98410

Source:

WY CBOR

About This Home

1450 Johnston St

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. Don't miss this rare chance to own a turnkey, income-producing property in a thriving area with strong fundamentals and future growth potential.

Home Facts

Multi-Family

Built in 1955

Price Summary

450,000

$155 per Sq. Ft.

MLS #:

98410

Last Updated:

December 17, 2025, 10:50 AM

Rooms & Interior

Interior

Living Area:

2,888 Sq. Ft.

Structure

Structure

Building Area:

2,888 Sq. Ft.

Year Built:

1955

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$155 per Sq. Ft.

Source:WY CBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.