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 Market36
Property Features for 238 N OAKLAND Avenue
General Information
Standard status
Active
Size
3,704 SF
Property subtype
Multi Family
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: Sep 24
Last Checked: Oct 5 at 9:30PM
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
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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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
