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Triplex with Carport

302 S Spokane Ave, Newcastle, WY 82701

For Sale
New
$319,500

Income Producing, Newcastle, WY

Property Size2,400 SF
Lot Size0.16 Acres
Price / SF$133.13
Days on Market4

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 1, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4
Appliances Yes
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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 960

Amenities

carport
garage
fenced yard
laundry
updated appliances

Building Details

Year built 1954
Number of units 3
Listing Agency: ERA Priority Real Estate · ERA Real Estate
Listed By: Callie Illies · License WY #16588
Added: Nov 11 Changed: Nov 12 Last Checked: Nov 14 at 12:06AM
MLS# 26-1344

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,400-square-foot triplex in Newcastle contains three units: an upper residence with 2 bedrooms, 2 bathrooms, and private laundry, plus two lower units with 2 bedrooms and 1 bathroom and 1 bedroom and 1 bathroom, respectively. The lower residences share a separate laundry area. All three units are occupied. Two have updated appliances, and the upper unit has new HVAC and air conditioning. The property also includes a carport, garage, and fenced yard. Recent work includes exterior painting and installation of gutters with leaf guards.

The property is at 302 S Spokane Ave in Newcastle, Wyoming. It sits on a 0.16-acre lot and is zoned R-2.

Key Highlights

  • Three occupied units in a 2,400‑square‑foot triplex
  • Unit mix: 2‑bedroom, 2‑bath upper residence; lower 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath units
  • Private laundry in the upper unit; separate shared laundry area for the lower units

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three occupied residences are arranged on upper and lower levels, with separate laundry areas serving the lower units.
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 $319,500.
What are key features of this property?
This property features: Three occupied units in a 2,400‑square‑foot triplex; Unit mix: 2‑bedroom, 2‑bath upper residence; lower 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath units; Private laundry in the upper unit; separate shared laundry area for the lower units
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