Three-Unit Residential
For Sale
$259,900
1019 CLAY Street, Green Bay, WI 54302
Three-unit triplex offered in as-is condition, built in 1950.
Property Size1,732 SF
Price / SF$150.06
Days on Market13
Property Features for 1019 CLAY Street
General Information
Standard status
Active
Size
1,732 SF
Property subtype
Multi Family
Building Details
Building Size
1,732 SF
Year Built
1950
Listing Agency:
Smart Move Realty, LLC
(715) 581-1965
Listed By:
Jan L. Kraetsch · License #91-700346
(715) 581-1965
Source:
C21ace
Added: Jul 24
Changed: Jul 30
Last Checked: Aug 5 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smart Move Realty, LLC
Investment Insights
Based on property information with market context.
This three-unit residential triplex is offered for sale in as-is condition. The property contains three units within a single complex and includes a total building size of 1,732 SF. Built in 1950, the asset offers investors and owner-occupants a straightforward multi-unit residential format.
The property is located at 1019 Clay Street in Green Bay, Wisconsin.
The property is located at 1019 Clay Street in Green Bay, Wisconsin.
Key Highlights
- Three‑unit residential triplex
- Offered in as‑is condition
- 1,732 SF building size
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 | $22.9k | $13.20 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $21.6k | $12.47 |
| − OpEx | −$6.5k | −$3.74 |
| NOI | $15.1k | $8.73 |
1,732 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$216.0K
$189.0K – $252.1K
NOI $15,123 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$201.3K
$176.1K – $234.8K
NOI $14,088 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$403.8K
$353.3K – $471.1K
NOI $28,266 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 54302, WI
31,327
Population
13,390
Households
2.3
Avg Household Size
34
Median Age
19%
College-Educated
81%
High-School Grad
9.2 sq mi
ZIP Area
3,405
Density / Sq Mi
$55,772
Median Household Income
$37,257
Median Earnings
$881
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex offered in as-is condition, built in 1950.
Where is this triplex located?
The property is located at 1019 CLAY Street Green Bay, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Three‑unit residential triplex; Offered in as‑is condition; 1,732 SF building size
