Renovated Fourplex With Add-On Studio
For Sale
$384,900
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$117.81
Days on Market161
Property Features for 434 S JACKSON Street
General Information
Standard status
Active
Size
3,267 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,982
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
(920) 808-0867
Source:
C21ace
Added: Apr 29
Changed: Sep 30
Last Checked: Oct 5 at 11:16PM
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$28,527
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,540
$570.5K
Cap Rate 7%
$407,529
$407.5K
Cap Rate 9%
$316,967
$317.0K
Market Conditions
NOI Build-Up for 3,267 SF
Gross rent
$43.1K $13.20/SF
− Vacancy
−$2.4K −$0.73/SF
EGI
$40.8K $12.47/SF
− OpEx
−$12.2K −$3.74/SF
NOI
$28.5K $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%
$570,540
Cap Rate 7%
$407,529
Cap Rate 9%
$316,967
Alternative Uses
Best Use
Multifamily LT 5
$407.5K
$356.6K – $475.5K
NOI $28,527 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$379.6K
$332.2K – $442.9K
NOI $26,573 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$761.7K
$666.5K – $888.6K
NOI $53,317 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,417
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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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 $384,900.
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
