Updated Brick
For Sale
$498,000
325 S JEFFERSON Street, Green Bay, WI 54301
Residential Income, GREEN BAY, WI
Property Size3,780 SF
Lot Size0.23 Acres
Price / SF$131.75
Days on Market209
Property Features for 325 S JEFFERSON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial,Residential
Elementary school district
Green Bay Area
Middle school district
Green Bay Area
High school district
Green Bay Area
Directions
East Walnut St to south on Jefferson to 4-plex.
Standard status
Active
APN
13-120
Size
3,780 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4916
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private storage spaces
coin-op washer & dryer
air conditioning
Building Details
Year built
1938
Number of units
4
Building materials
Brick
Listing Agency:
Starry Realty
Listed By:
Rich W Starry · License #90-57502
(920) 265-1313
Added: Feb 5
Changed: Sep 1
Last Checked: Sep 2 at 2:06PM
MLS# 50320802
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 3,780-square-foot quadplex was built in 1938 and features brick construction with four residential units. Unit interiors were updated in 2025 with consistent cabinetry, paint, and flooring. The property includes forced-air heating, central air, public water, and public sewer. Water heaters were replaced in 2025, and the air-conditioning units have been updated. The roof is reported to be 3–5 years old.
Located at 325 S JEFFERSON Street in Green Bay, the property offers parking behind the building as well as street parking. Each unit has a private basement storage area. A coin-operated washer and dryer are located in the basement and have a dedicated water heater. The property is currently leased and carries Commercial,Residential zoning.
Located at 325 S JEFFERSON Street in Green Bay, the property offers parking behind the building as well as street parking. Each unit has a private basement storage area. A coin-operated washer and dryer are located in the basement and have a dedicated water heater. The property is currently leased and carries Commercial,Residential zoning.
Key Highlights
- Four‑unit quadplex with 3,780 square feet
- Brick construction; built in 1938
- Unit interiors updated in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,006
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,120
$660.1K
Cap Rate 7%
$471,514
$471.5K
Cap Rate 9%
$366,733
$366.7K
Market Conditions
NOI Build-Up for 3,780 SF
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.
Gross rent
$49.9K $13.20/SF
− Vacancy
−$2.7K −$0.73/SF
EGI
$47.2K $12.47/SF
− OpEx
−$14.1K −$3.74/SF
NOI
$33.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,120
Cap Rate 7%
$471,514
Cap Rate 9%
$366,733
Alternative Uses
Best Use
Multifamily LT 5
$471.5K
$412.6K – $550.1K
NOI $33,006 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.4K
NOI $30,746 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$881.3K
$771.1K – $1.03M
NOI $61,690 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 54301, WI
22,875
Population
10,532
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,519
Density / Sq Mi
$76,768
Median Household Income
$45,717
Median Earnings
$929
Median Rent
$205,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with refreshed interiors, private storage, and parking behind the building.
Where is this quadplex located?
The property is located at 325 S JEFFERSON Street Green Bay, WI.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,780 square feet; Brick construction; built in 1938; Unit interiors updated in 2025
