Updated Green Bay Fourplex
325 S JEFFERSON Street Green Bay, WI 54301
For Sale
$498,000
MULTI_FAMILY - GREEN BAY, WI
Property Size3,780 SF
Lot Size0.23 Acres
Price / SF$131.75
Days on Market172
Property Features for 325 S JEFFERSON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial,Residential
Standard status
Active
APN
13-120
Size
3,780 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4916
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1938
Number of units
4
Building materials
Brick
Listing Agency:
Starry Realty
(920) 265-1313
Listed By:
Rich W Starry · License #90-57502
(920) 265-1313
Added: Feb 5
Changed: Jul 26
Last Checked: Jul 27 at 1:06PM
MLS# 50320802
Copyright © 2026 Realtor Association of Northeast Wisconsin. 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 updated fourplex is located in downtown Green Bay. The all-brick building features units updated in 2025 with matching cabinets, paint, and flooring. All units are currently leased. Ample parking is available in the back of the building and on the street. The basement includes private storage spaces for tenants. A coin-operated washer and dryer are present, supported by its own water heater; the income from these typically covers the water bill. The roof is reportedly 3-5 years old per the previous seller. Water heaters were newly installed in 2025, and the property features updated A/C units. Garbage disposal is private, costing $103 per month with Tuesday pick-up. The lot size is 0.23 acres. The property size is 3,780 square feet. This property is zoned for both commercial and residential use, presenting a versatile investment opportunity close to downtown Green Bay amenities.
Key Highlights
- All‑brick updated 4‑plex in downtown Green Bay with all units currently leased
- 2025 unit updates include identical cabs/paint/flooring across units
- Forced‑air heating and central A/C; updated A/C units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $13.20 |
| − Vacancy | −$2.7k | −$0.73 |
| EGI | $47.2k | $12.47 |
| − OpEx | −$14.1k | −$3.74 |
| NOI | $33.0k | $8.73 |
3,780 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.5K
$412.6K – $550.1K
NOI $33,006 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.4K
NOI $30,746 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$881.3K
$771.1K – $1.03M
NOI $61,690 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Updated fourplex in downtown Green Bay, leased and generating income.
Where is this quadplex located?
The property is located at 325 S JEFFERSON Street Green Bay, WI.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: All‑brick updated 4‑plex in downtown Green Bay with all units currently leased; 2025 unit updates include identical cabs/paint/flooring across units; Forced‑air heating and central A/C; updated A/C units
