Three-Unit Residential
1032 REBER Street, Green Bay, WI 54302
For Sale
New
$279,900
Residential Income, GREEN BAY, WI
Property Size1,764 SF
Lot Size0.20 Acres
Price / SF$158.67
Days on Market1
Property Features for 1032 REBER Street
General Information
Property type
Property subtype
Zoning
Parking
Lot features
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
Listing Agency:
Keller Williams Green Bay · Keller Williams Realty
(920) 632-7702
Listed By:
Erin M. Kasprzycki · License WI 90-59335
(920) 217-1084
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 50335729
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 triplex contains 1,764 square feet across three apartments. The upper unit has one bedroom and one bathroom; the two lower units include a two-bedroom, one-bath layout and a one-bedroom, one-bath layout. Garage space accommodates up to five cars. The property was built in 1900 and has aluminum and vinyl siding, forced-air heating, public water, and public sewer. It occupies a 0.2-acre lot and is zoned Residential.
Key Highlights
- Three apartments: one 2‑bedroom unit and two 1‑bedroom units
- 1,764 square feet of building area on a 0.2‑acre lot
- Garage space for up to 5 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,403
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,060
$308.1K
Cap Rate 7%
$220,043
$220.0K
Cap Rate 9%
$171,144
$171.1K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$23.3K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$22.0K $12.47/SF
− OpEx
−$6.6K −$3.74/SF
NOI
$15.4K $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%
$308,060
Cap Rate 7%
$220,043
Cap Rate 9%
$171,144
Alternative Uses
Best Use
Multifamily LT 5
$220.0K
$192.5K – $256.7K
NOI $15,403 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$205.0K
$179.4K – $239.1K
NOI $14,348 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$411.3K
$359.9K – $479.8K
NOI $28,788 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
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 separate apartments offer a mix of one- and two-bedroom layouts, with garage capacity for five vehicles.
Where is this triplex located?
The property is located at 1032 REBER Street Green Bay, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Three apartments: one 2‑bedroom unit and two 1‑bedroom units; 1,764 square feet of building area on a 0.2‑acre lot; Garage space for up to 5 cars
