Here is a great investment opportunity that your invest will not want to miss in this turnkey investment property. This is a great investment for the seasoned investor or a newcomer looking for a stable income. This two=build 5unit apartment complex offers potential for substantial returns. Property boasts a strong rental history, with 4 units rented and the 5th getting ready to be rented, The demand for rental properties n Newcastle continues to grow, making this investment a great chose for long-term appreciation.
For sale
$395,000
115 S Summit Ave, Newcastle, WY 82701
2beds
2baths
6,708sqft
Multi Family
Built in 1954
-- sqft lot
$367,500 Zestimate®
$59/sqft
$-- HOA
What's special
- 257 days |
- 51 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Michele Kinsinger,
eXp Realty, LLC
Source: Northeast Wyoming Realtors Association,MLS#: 25-3032
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Range/Oven, Dryer, Washer, Refrigerator
Features
- Has basement: No
Interior area
- Total structure area: 6,708
- Total interior livable area: 6,708 sqft
Property
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 45612913100500
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1954
Community & HOA
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $66,643
- Annual tax amount: $491
- Date on market: 11/2/2025
Estimated market value
$367,500
$349,000 - $386,000
$1,211/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2025 | Listed for sale | $395,000+64.6%$59/sqft |
Source:  Northeast Wyoming Realtors Association #25-3032 Report a problem | ||
| 2/21/2024 | Sold | -- |
Source:  Mount Rushmore Area AOR #78028 Report a problem | ||
| 1/18/2024 | Contingent | $240,000$36/sqft |
Source: Mount Rushmore Area AOR #78028 Report a problem | ||
| 10/5/2023 | Listed for sale | $240,000+60.1%$36/sqft |
Source: Northeast Wyoming Realtors Association #23-1227 Report a problem | ||
| 7/6/2018 | Listing removed | $149,900$22/sqft |
Source: Ramsey Real Estate #17-1214 Report a problem | ||
| 3/22/2018 | Price change | $149,900-6.3%$22/sqft |
Source: Ramsey Real Estate #17-1214 Report a problem | ||
| 8/15/2017 | Listed for sale | $160,000$24/sqft |
Source: Ramsey Real Estate #17-1214 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $491 -7.5% | $6,331 -7.5% |
| 2024 | $530 +0.7% | $6,843 +0.7% |
| 2023 | $526 +1.1% | $6,793 +1.1% |
| 2022 | $521 +1.7% | $6,718 +1.4% |
| 2021 | $512 +1.8% | $6,628 +2.1% |
| 2020 | $503 +7% | $6,490 +7% |
| 2019 | $470 | $6,064 -12.8% |
| 2018 | -- | $6,956 -7.2% |
| 2017 | -- | $7,493 +5.7% |
| 2016 | -- | $7,088 -0.1% |
| 2014 | -- | $7,092 +2.8% |
| 2013 | -- | $6,899 +6.5% |
| 2011 | -- | $6,477 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 82701
Nearby schools
GreatSchools rating
- NANewcastle Elementary K-2Grades: K-2Distance: 1.4 mi
- 7/10Newcastle Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Newcastle High SchoolGrades: 9-12Distance: 0.4 mi
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