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Three-Unit Residential Income Building

1319 DAY Street Green Bay, WI 54302

New
1319 DAY Street, Green Bay, WI, 54302
$175,000
For Sale
$175,000

MULTI_FAMILY - GREEN BAY, WI

Property Size1,874 SF
Lot Size0.19 Acres
Price / SF$93.38
Days on Market2

Property Features for 1319 DAY Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family(3Units),Res
Standard status
Active
APN
7-164
Size
1,874 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2611

Utilities

Sewer type
Public Sewer
Heating system
Radiant, Forced Air
Water source
Public

Building Details

Year built
1920
Number of units
3
Building materials
Vinyl Siding
Listing agency Dallaire Realty
Listed by Michael D. Wasilkoff
Added: Jul 20 Updated: Jul 21 at 6:14AM Checked: Jul 21 at 7:06PM
MLS# 50329440

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 residential income building offers a total of three separately rented units and is fully occupied. Public remarks indicate gross rents totaling $2,350, with tenants paying electricity, and all leases are month-to-month. The property is being sold as-is, providing a straightforward option for an investor or owner-occupant.

The property sits on a large lot and includes alley access, along with ample parking for tenants. Showings begin 7/21/26.

The building includes 1,874 square feet of total property size and is listed under multi-family zoning for a three-unit configuration (Multi-Family 3 Units, Res).

Key Highlights

  • 3‑unit building built in 1920 with vinyl siding
  • Completely rented; gross rents total $2,350, and tenants pay electricity
  • All units are on month‑to‑month leases

Local Financial Insights For Apartment 5plus

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 $29.2k $15.60
− Vacancy −$1.5k −$0.81
EGI $27.7k $14.79
− OpEx −$12.5k −$6.65
NOI $15.2k $8.13
1,874 SF · lease $15.60/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.8K
$204.5K – $272.7K (±1% cap)
NOI $16,363 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$217.8K
$190.5K – $254.1K (±1% cap)
NOI $15,243 @ 7.0% cap · market cap 8.71%
Theoretical Best
Office A
$436.9K
$382.3K – $509.7K (±1% cap)
NOI $30,584 @ 7.0% cap · market cap 17.48%
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

Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith HVAC Service Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Accounting Firm Butcher

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

FAQs

What type of property is this?
Triplex - Three-unit multifamily property on a large lot with alley access, sold as-is and fully rented on month-to-month leases.
Where is this triplex located?
The property is located at 1319 DAY Street Green Bay, WI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 3‑unit building built in 1920 with vinyl siding; Completely rented; gross rents total $2,350, and tenants pay electricity; All units are on month‑to‑month leases
Contact an agent
More about this property
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