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Remodeled Duplex with Detached Garage
New
For Sale
$330,000

130 GWYNN Street, Green Bay, WI 54301

Residential Income, GREEN BAY, WI

Property Size1,536 SF
Lot Size0.16 Acres
Price / SF$214.84
Days on Market5

Property Features for 130 GWYNN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Parking 2
Lot features Corner Lot, Near Bus Line
Elementary school district Green Bay Area
Middle school district Green Bay Area
High school district Green Bay Area
Directions Webster to Gwynn St, east
Standard status Active
APN AL-1378
Size 1,536 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2798

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1962
Number of units 2
Building materials Vinyl Siding
Listing Agency: Resource One Realty, LLC
Listed By: Diane Campshure Walczyk · License #91700983
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 30 at 2:06AM
MLS# 50331666

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 1,536-square-foot duplex sits on a 0.16-acre lot in Green Bay and was built in 1962 with vinyl siding. One unit has undergone updates including a new kitchen and bath, luxury vinyl flooring, and refreshed lighting. Forced-air heat and central air serve the property, with public water and public sewer in place.

A detached two-car garage provides one parking stall for each unit. One side is occupied by a tenant with 13 years of tenancy, while the other was formerly owner occupied. The property is located in Allouez, a short distance from downtown De Pere and the East River Trail. Zoning is 2 Family/Duplex.

Key Highlights

  • 1,536 square feet on a 0.16‑acre lot
  • Detached 2‑car garage with one stall per unit
  • One unit remodeled with new kitchen, bath, luxury vinyl flooring, and updated lighting

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
$13,412
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
4.06%
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%
$268,240 $268.2K
Cap Rate 7%
$191,600 $191.6K
Cap Rate 9%
$149,022 $149.0K
Market Conditions
NOI Build-Up for 1,536 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
$20.3K $13.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$19.2K $12.47/SF
− OpEx
−$5.7K −$3.74/SF
NOI
$13.4K $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%
$268,240
Cap Rate 7%
$191,600
Cap Rate 9%
$149,022

Alternative Uses

Best Use
Multifamily LT 5
$191.6K
$167.7K – $223.5K (±1% cap)
NOI $13,412 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$178.5K
$156.2K – $208.2K (±1% cap)
NOI $12,494 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$358.1K
$313.4K – $417.8K (±1% cap)
NOI $25,068 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Nail Salon Electrical 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

105
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?
Duplex - Two-family zoning, public utilities, and central air support straightforward residential operation.
Where is this duplex located?
The property is located at 130 GWYNN Street Green Bay, WI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,536 square feet on a 0.16‑acre lot; Detached 2‑car garage with one stall per unit; One unit remodeled with new kitchen, bath, luxury vinyl flooring, and updated lighting
More about this property
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