Multifamily
For Sale
$369,900
238 N OAKLAND Avenue, Green Bay, WI 54303
Historic multifamily property with a substantial building footprint in Green Bay.
Property Size3,704 SF
Price / SF$99.87
Days on Market60
Property Features for 238 N OAKLAND Avenue
General Information
Standard status
Active
Size
3,704 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Fort Howard
Taxes and HOA fees
Annual Taxes
$3,188
Building Details
Building Size
3,704 SF
Year Built
1900
Listing Agency:
Dallaire Realty
Listed By:
Andrew J. Brisson · License #91-936940
(920) 213-5810
Source:
C21ace
Added: Sep 1
Changed: Oct 26
Last Checked: Oct 28 at 2:41PM
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 Dallaire Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 238 N Oakland Ave in Green Bay, Wisconsin, contains 3,704 square feet of building area. Constructed in 1900, the property offers an established residential income asset with a long-standing building history.
Key Highlights
- 3,704‑square‑foot multifamily property
- Constructed in 1900
- Located at 238 N Oakland Ave, Green Bay, WI 54303
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,343
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,860
$646.9K
Cap Rate 7%
$462,043
$462.0K
Cap Rate 9%
$359,367
$359.4K
Market Conditions
NOI Build-Up for 3,704 SF
Gross rent
$48.9K $13.20/SF
− Vacancy
−$2.7K −$0.73/SF
EGI
$46.2K $12.47/SF
− OpEx
−$13.9K −$3.74/SF
NOI
$32.3K $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%
$646,860
Cap Rate 7%
$462,043
Cap Rate 9%
$359,367
Alternative Uses
Best Use
Multifamily LT 5
$462.0K
$404.3K – $539.1K
NOI $32,343 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$430.4K
$376.6K – $502.1K
NOI $30,128 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$863.6K
$755.6K – $1.01M
NOI $60,449 @ 7.0% cap · market cap 16.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
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Business Placement
Demographics for 54303, WI
27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Historic multifamily property with a substantial building footprint in Green Bay.
Where is this multifamily property located?
The property is located at 238 N OAKLAND Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 3,704‑square‑foot multifamily property; Constructed in 1900; Located at 238 N Oakland Ave, Green Bay, WI 54303
