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Renovated Fourplex With Add-On Studio Potential
For Sale
$399,900

434 S JACKSON Street, Green Bay, WI 54301

Fourplex with three fully renovated units plus one currently vacant unit, and a new 2024 boiler.

Property Size3,267 SF
Price / SF$122.41
Days on Market96

Property Features for 434 S JACKSON Street

General Information

Standard status Active
Size 3,267 SF
Property subtype Multi Family

Building Details

Building Size 3,267 SF
Year Built 1872
Year Renovated 2024
Tenancy Multi
Listing Agency: LPT Realty
Listed By: Alexia J. Tullberg · License #91-950137
Source: C21ace
Added: Apr 29 Changed: Jul 30 Last Checked: Aug 1 at 10:48AM

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 LPT Realty

Investment Insights

Based on property information with market context.

This income-producing fourplex offers four units, with three units fully renovated. One unit is currently vacant, providing flexibility for owner-occupancy or immediate rental income after closing. Photos of an unfinished unit show the potential to add a fifth studio unit, creating expansion options for the property.

The building is located at 434 S Jackson Street in Green Bay, Wisconsin. It was built in 1872 and includes a new boiler system installed in 2024. Total property size is 3,267 SF.

With the renovated interiors in place and an identified add-on possibility, this property can work for buyers looking to either hold and operate a fourplex or plan for a potential fifth studio during future improvements.

Key Highlights

  • Fourplex offering an opportunity to add a fifth studio unit
  • One unit is currently vacant for owner‑occupancy or immediate rental income after closing
  • Three units are fully renovated

Financial Insights For Multifamily LT 5

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 $43.1k $13.20
− Vacancy −$2.4k −$0.73
EGI $40.8k $12.47
− OpEx −$12.2k −$3.74
NOI $28.5k $8.73
3,267 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$407.5K
$356.6K – $475.5K (±1% cap)
NOI $28,527 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$379.6K
$332.2K – $442.9K (±1% cap)
NOI $26,573 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$761.7K
$666.5K – $888.6K (±1% cap)
NOI $53,317 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Computer & Electronic Repair Electrical Service Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,417
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with three fully renovated units plus one currently vacant unit, and a new 2024 boiler.
Where is this quadplex located?
The property is located at 434 S JACKSON Street Green Bay, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Fourplex offering an opportunity to add a fifth studio unit; One unit is currently vacant for owner‑occupancy or immediate rental income after closing; Three units are fully renovated
More about this property
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