4-Unit Multifamily
1019 E WALNUT Street, Green Bay, WI 54301
For Sale
$389,900
Residential Income, GREEN BAY, WI
Property Size3,129 SF
Lot Size0.20 Acres
Price / SF$124.61
Days on Market54
Property Features for 1019 E WALNUT Street
General Information
Property type
Property subtype
Zoning
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Dallaire Realty
(920) 569-0827
Listed By:
Michael D. Wasilkoff · License WI #91936940
(920) 676-9300
Added: Sep 21
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 50333066
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.
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Investment Insights
Based on property information with market context.
This Green Bay multifamily property comprises two buildings totaling 3,129 square feet on a 0.2-acre parcel. The main building contains three one-bedroom, one-bathroom apartments; a separate detached home has three bedrooms and one-and-a-half bathrooms. Interior updates include luxury vinyl plank flooring and refreshed bathrooms, while the house features refinished hardwood floors and arched doorways. Other features include a covered porch, basement storage, a bay-window living room, and seven asphalt parking spaces.
Key Highlights
- Four residences across two buildings on a 0.2‑acre parcel
- 3,129 square feet of building area
- Three apartments with one bedroom and one bathroom each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,451
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,020
$509.0K
Cap Rate 7%
$363,586
$363.6K
Cap Rate 9%
$282,789
$282.8K
Market Conditions
NOI Build-Up for 3,129 SF
Gross rent
$48.8K $15.60/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$46.3K $14.79/SF
− OpEx
−$20.8K −$6.65/SF
NOI
$25.5K $8.13/SF
Area
Green Bay, WI
Vacancy
5.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,020
Cap Rate 7%
$363,586
Cap Rate 9%
$282,789
Alternative Uses
Best Use
Apartment 5plus
$363.6K
$318.1K – $424.2K
NOI $25,451 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$729.5K
$638.3K – $851.1K
NOI $51,065 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
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Business Placement
Demographics for 54301, WI
22,875
Population
10,532
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,519
Density / Sq Mi
$76,768
Median Household Income
$45,717
Median Earnings
$929
Median Rent
$205,900
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Green Bay, WI
Properties on Market for Multifamily properties in Green Bay
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four residences occupy two buildings, including a detached home and a separate structure with three apartments.
Where is this multifamily property located?
The property is located at 1019 E WALNUT Street Green Bay, WI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Four residences across two buildings on a 0.2‑acre parcel; 3,129 square feet of building area; Three apartments with one bedroom and one bathroom each
