5-Unit Apartment
For Sale
$395,000
115 S Summit Ave, Newcastle, WY 82701
Income Producing, Newcastle, WY
Property Size6,708 SF
Lot Size0.24 Acres
Price / SF$58.88
Days on Market339
Property Features for 115 S Summit Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-1
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 1
Directions
Head east on I-90BL/E 2nd St. Turn right to merge onto I-90 E/US-14 E/US-16 E toward Moorcroft E. Take exit 154 toward Moorcroft. Turn right onto I-90BUS. Turn left onto US-16 E. The destination will be on the left
Subdivision
Newcastle Area - City
Standard status
Active
Size
6,708 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
1171
Building Details
Year built
1954
Number of units
6
Listing Agency:
eXp Realty, LLC
(866) 873-0565
Listed By:
Michele Kinsinger · License #RE-14967
(307) 299-4033
Added: Nov 2, 2025
Changed: Sep 24
Last Checked: Oct 6 at 6:06AM
MLS# 25-3032
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 multifamily property consists of two apartment buildings with five units totaling 6,708 square feet. The improvements were built in 1954 and occupy a 0.24-acre parcel. Four units are currently rented, while the remaining unit is being prepared for occupancy.
The property is located at 115 S Summit Ave in Newcastle, Wyoming, within ZIP code 82701. C-1 zoning supports its documented commercial classification. The five-unit configuration and separate building layout provide a defined residential income property format.
The property is located at 115 S Summit Ave in Newcastle, Wyoming, within ZIP code 82701. C-1 zoning supports its documented commercial classification. The five-unit configuration and separate building layout provide a defined residential income property format.
Key Highlights
- Five apartment units across two buildings
- 6,708 square feet on a 0.24‑acre parcel
- Four units currently rented; fifth unit being prepared for occupancy
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with four rented units and one additional unit being prepared for occupancy.
Where is this apartment building located?
The property is located at 115 S Summit Ave Newcastle, WY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Five apartment units across two buildings; 6,708 square feet on a 0.24‑acre parcel; Four units currently rented; fifth unit being prepared for occupancy
