Back to Search

Three-Unit Multifamily Residence

117 FORT HOWARD Avenue De Pere, WI 54115

117 FORT HOWARD Avenue, De Pere, WI, 54115

$229,900

Pending

For Sale

$229,900

Pending

MULTI_FAMILY - DE PERE, WI

Property Size1,702 SF

Lot Size0.17 Acres

AddedMay 25

Days on Market52

Last RefreshJul 15 at 6:06 pm

Property Features for 117 FORT HOWARD Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Multi-Family(3Units)
Parking: 3
Standard status: Pending
APN: WD-411
Size: 1,702 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 3085

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Water source: Public

Building Details

Year built: 1980
Number of units: 3
Building materials: Aluminum Siding

Listing agent Thomas B. Monahan License #94-29437

Listing office Resource One Realty, LLC 1740 E Matthew Dr., De Pere, WI

Listing date May 25, 2026

MLS# 50326354 Listing URL

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 three-unit multifamily residence is zoned for multi-family use with three units on-site. The property totals 1,702 square feet and is configured with a 2-bedroom unit on the main level, plus upstairs units that include a 1-bedroom and a 2-bedroom. The listing notes that a 48-hour notice is required to view the property.

The home is located at 117 Fort Howard Avenue in De Pere, Wisconsin, in Brown County. The site sits on approximately 0.17 acres.

For buyers seeking a small residential income asset, the unit mix offers flexibility with two bedrooms available in two of the three units and a separate 1-bedroom layout upstairs. The straightforward three-unit configuration can support a variety of tenant profiles consistent with a multi-family (3 units) zoning designation.

Key Highlights

Three separate units offer strong investment potential.
Convenient De Pere location.
Total of 1,702 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$23.9k	$14.04
− Vacancy	−$860	−$0.51
EGI	$23.0k	$13.53
− OpEx	−$6.9k	−$4.06
NOI	$16.1k	$9.47

1,702 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$230.4K

$201.6K – $268.8K (±1% cap)

NOI $16,125 @ 7.0% cap · market cap 7.01%

Second Best

Apartment 5plus

$212.8K

$186.2K – $248.3K (±1% cap)

NOI $14,897 @ 7.0% cap · market cap 6.48%

Theoretical Best

Warehouse

$1.42M

$1.25M – $1.66M (±1% cap)

NOI $99,625 @ 7.0% cap · market cap 43.33%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Similar For Sale Nearby

$369,900

1,904 SF

Duplex with Attached Garages

Well-maintained duplex offering two 2-bed units with attached garages and updated interior improvements.

465 S GOOD HOPE Road, DE PERE, WI 54115

View Details
$279,900

1,889 SF

Brick Duplex with Two Porches

Two-unit brick duplex on a corner lot with detached 2-stall garage and separate covered porches for each unit.

621 LEWIS Street, DE PERE, WI 54115-2825

View Details
$1,900,000

4,361 SF

Luxury Office Suite with Garage Bays

High-end office suite with multiple private offices, attached garage bays, and private suite amenities for flexible team use.

805 George Street, DE PERE, WI 54115

View Details
$2,145,000

Retail Property on Broadway Street

Retail property for sale on South Broadway Street.

1347 S Broadway St | De Pere, WI 54115

View Details
$2,650,000

38,815 SF

Clear-Span Industrial Facility

Fully sprinklered warehouse/manufacturing space with high clear heights, dock loading, and finished office support.

1856 Nimitz Drive, De Pere, WI 54115

View Details
$289,900

1,726 SF

De Pere Duplex Opportunity

Upper/lower duplex in prime De Pere location on corner lot.

801 S ERIE Street, DE PERE, WI 54115

View Details
Contact for pricing
5,000 SF

De Pere Class A Office

5,000 sq ft Class A office space in De Pere.

325 Reid Street, DE PERE, WI, 54115

View Details
Contact for pricing
37,938 SF

Mixed-Use Retail and Office Building

Mixed-use building with storefront flexibility and strong pedestrian exposure near St. Norbert College.

400 Reid Street, DE PERE, WI 54115

View Details
$4,150,000

39,677 SF

Multi-Tenant Office/Warehouse Investment Opportunity

Class-A property with stable income stream near I-41 & I-43.

3400 Packerland Dr, De Pere, WI

View Details