Newcastle Multi-Unit Investment
For Sale
$329,900
302 S Spokane Ave, Newcastle, WY 82701
MULTI_FAMILY - Newcastle, WY
Property Size2,400 SF
Lot Size0.16 Acres
Price / SF$137.46
Days on Market102
Property Features for 302 S Spokane Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 3
Appliances
Range/Oven, Refrigerator, Dishwasher, Dryer, Range Oven, Washer
Directions
US 16 E, right on US 16 truck route, left on S Summit Ave, right on E Wolcott St, left on S Spokane Ave, property is in the left.
Subdivision
Newcastle Area - City
Standard status
Active
Size
2,400 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
960
Building Details
Year built
1954
Number of units
3
Listing Agency:
ERA Priority Real Estate · ERA Real Estate
(307) 686-9200
Listed By:
Callie Illies · License #16588
(307) 756-2177
Added: Apr 20
Changed: Jul 25
Last Checked: Jul 30 at 1:06PM
MLS# 26-426
Copyright © 2026 Northeast Wyoming REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained property in Newcastle, Wyoming, presents a turn-key multi-unit investment opportunity. The property features three income-producing units with a strong rental history. The upper unit includes 2 bedrooms and 2 bathrooms, along with private laundry facilities. The lower level contains two units: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. These lower units share a separate laundry area. Recent updates include newer siding and roof, as well as updated appliances in all units, contributing to low maintenance. Additional amenities include a carport, garage, and a fenced yard. The property is situated on a 0.16-acre lot. The building has a size of 2400 square feet. The zoning is R-2. This property offers a cash-flowing opportunity with a solid rental history already in place.
Key Highlights
- Three income‑producing units in a multi‑unit property built in 1954
- Upper unit offers 2 bedrooms, 2 bathrooms, and private laundry
- Lower level includes two units: one with 2 bedrooms/1 bathroom and one with 1 bedroom/1 bathroom, sharing a separate laundry area
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 82701, WY
5,309
Population
2,541
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
93%
High-School Grad
1,798.5 sq mi
ZIP Area
3
Density / Sq Mi
$88,843
Median Household Income
$38,714
Median Earnings
$711
Median Rent
$218,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with strong rental history in Newcastle, Wyoming.
Where is this triplex located?
The property is located at 302 S Spokane Ave Newcastle, WY.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Three income‑producing units in a multi‑unit property built in 1954; Upper unit offers 2 bedrooms, 2 bathrooms, and private laundry; Lower level includes two units: one with 2 bedrooms/1 bathroom and one with 1 bedroom/1 bathroom, sharing a separate laundry area
