Three-Unit Residential
1019 CLAY Street, Green Bay, WI 54302
For Sale
$259,900
Three-unit triplex offered in as-is condition, built in 1950.
Property Size1,732 SF
Price / SF$150.06
Days on Market109
Property Features for 1019 CLAY Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Smart Move Realty, LLC
Listed By:
Jan L. Kraetsch · License WI 91-700346
(715) 581-1965
Source:
C21ace
Added: Jul 24
Changed: Oct 31
Last Checked: Nov 8 at 2:23PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$15,123
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,460
$302.5K
Cap Rate 7%
$216,043
$216.0K
Cap Rate 9%
$168,033
$168.0K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$22.9K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$21.6K $12.47/SF
− OpEx
−$6.5K −$3.74/SF
NOI
$15.1K $8.73/SF
Area
Green Bay, WI
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,460
Cap Rate 7%
$216,043
Cap Rate 9%
$168,033
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.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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
