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    Spacious Duplex in Green Bay Title is generated by Realmo AI

    1633 PONDEROSA Avenue, Green Bay, WI 54313

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    Claim this Listing
    New
    For Sale
    $520,000

    MULTI_FAMILY - GREEN BAY, WI

    Property size:
    3,202 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $162/SF
    Added:
    May 29, 2026
    Days on Market:
    1
    Last Refresh:
    May 29 at 5:06 pm

    Property Features for 1633 PONDEROSA Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    2 Family/Duplex
    Parking
    4
    Standard status
    Active
    APN
    VA-460-O-353
    Size
    3,202 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5390

    Utilities

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

    Building Details

    Year built
    1994
    Number of units
    2
    Building materials
    Brick, Vinyl Siding

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    Listing Contact
    Jeff J. Deacon

    Listing agent Jeff J. Deacon License #94-52308

    Listing office Shorewest, Realtors 839 Lombardi Ave, Green Bay, WI

    Listing date May 29, 2026

    MLS# 50326396 Listing URL

    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.

    HighLights

    • Side‑by‑side duplex in desirable Ashwaubenon location offers investment or owner‑occupied opportunity.
    • Spacious units each feature three bedrooms, including a primary suite with two walk‑in closets and dual access to a full bath.
    • Situated on a generous .43 acre cul‑de‑sac lot.
    • Updates include roof, furnace, and water heaters.
    • Each unit has a living room with fireplace, large kitchen/dinette with pantry and patio access, and a first‑floor laundry/half bath.
    • Attached two‑stall garages for each unit.

    Overview

    This spacious side-by-side duplex presents an exceptional investment or owner-occupied opportunity in a desirable Ashwaubenon location of Green Bay, Wisconsin. Situated on a generous 0.43-acre cul-de-sac lot, the property has strong rental appeal. Each side features three spacious bedrooms upstairs, with the primary bedroom having two walk-in closets and a full bath with dual access. The main floor boasts a welcoming living room with a cozy fireplace, a large kitchen/dinette with a pantry, and a sliding door to the patio. A first-floor laundry/half bath combo adds everyday functionality. The property includes attached two-stall garages. Updates include the roof, furnace, and water heaters. The property is currently occupied by long-term tenants who pay all utilities. The property size is 3202 square feet. This well-maintained property is a rare find.

    Local 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 $42.3k $13.20
    − Vacancy −$2.3k −$0.73
    EGI $39.9k $12.47
    − OpEx −$12.0k −$3.74
    NOI $28.0k $8.73
    3,202 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $399.4K
    $349.5K – $466.0K (±1% cap)
    NOI $27,959 @ 7.0% cap · market cap 5.38%
    Second Best
    Apartment 5plus
    $372.1K
    $325.6K – $434.1K (±1% cap)
    NOI $26,045 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $746.5K
    $653.2K – $871.0K (±1% cap)
    NOI $52,257 @ 7.0% cap · market cap 10.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.105039
    Latitude
    44.490768

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex on a large lot in Ashwaubenon.
    Where is this duplex located?
    The property is located at 1633 PONDEROSA Avenue Green Bay, WI.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: Side‑by‑side duplex in desirable Ashwaubenon location offers investment or owner‑occupied opportunity.; Spacious units each feature three bedrooms, including a primary suite with two walk‑in closets and dual access to a full bath.; Situated on a generous .43 acre cul‑de‑sac lot.
    More about this property
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