Updated Three-Unit
803 N BROADWAY, Green Bay, WI 54303
For Sale
$365,000
Interior and exterior updates have been completed across this three-unit residential property.
Property Size3,034 SF
Price / SF$120.30
Days on Market101
Property Features for 803 N BROADWAY
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Samantha J. Carter-Acosta · License WI 91-6849
(920) 809-4998
Source:
C21ace
Added: Aug 6
Changed: Nov 7
Last Checked: Nov 12 at 4:58PM
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 Coldwell Banker Real Estate Group
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Investment Insights
Based on property information with market context.
This three-unit triplex contains 3,034 square feet of residential space and was built in 1900. Interior and exterior updates have been completed throughout the property, providing refreshed improvements across the building.
Located at 803 N Broadway in Green Bay, Wisconsin, the property is positioned within an established residential setting. Its three-unit configuration provides a clearly defined multifamily layout for residential income use.
Located at 803 N Broadway in Green Bay, Wisconsin, the property is positioned within an established residential setting. Its three-unit configuration provides a clearly defined multifamily layout for residential income use.
Key Highlights
- Three‑unit multifamily property
- 3,034 square feet of residential space
- Interior and exterior updates completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,492
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,840
$529.8K
Cap Rate 7%
$378,457
$378.5K
Cap Rate 9%
$294,356
$294.4K
Market Conditions
NOI Build-Up for 3,034 SF
Gross rent
$40.0K $13.20/SF
− Vacancy
−$2.2K −$0.73/SF
EGI
$37.8K $12.47/SF
− OpEx
−$11.4K −$3.74/SF
NOI
$26.5K $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%
$529,840
Cap Rate 7%
$378,457
Cap Rate 9%
$294,356
Alternative Uses
Best Use
Multifamily LT 5
$378.5K
$331.2K – $441.5K
NOI $26,492 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$352.5K
$308.5K – $411.3K
NOI $24,678 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$707.4K
$618.9K – $825.3K
NOI $49,515 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
653
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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Interior and exterior updates have been completed across this three-unit residential property.
Where is this triplex located?
The property is located at 803 N BROADWAY Green Bay, WI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 3,034 square feet of residential space; Interior and exterior updates completed
