Well-Maintained Duplex in Green
202 IRENE Street, Green Bay, WI 54302
MULTI_FAMILY - GREEN BAY, WI
Property size:
1,596 SFLot size:
0.24 AcresPrice / SF:
$118/SF- Added:
- Mar 23, 2026
- Days on Market:
- 70
- Last Refresh:
- May 31 at 11:06 am
Property Features for 202 IRENE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 21-2326-1
- Size
- 1,596 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2661
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1942
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agent Zaid E. Jazrawi License #9485740 (312) 399-5659
Listing office EXP Realty LLC 4321 W College Ave, Suite 200, Middleton, WI (866) 848-6990
Listing date Mar 23, 2026
MLS# 50322676
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
- Income potential as a well‑maintained duplex with two separate units
- Convenient location: 10 minutes from downtown with easy access to schools, parks, shopping, dining, and public transportation
- Two units: Upper unit (2 bedrooms, 1 bath, kitchen) and lower unit (1 bedroom, 1 bath, kitchen)
- Ample storage space
- Manageable yard and great parking space
- Constructed with durable vinyl siding
Overview
This well-maintained duplex offers flexibility and income potential. The property features two separate units, a common area, well-sized bedrooms, ample storage space, a manageable yard, and parking space. The upper unit contains two bedrooms, one bath, and a kitchen, while the lower unit has one bedroom, one bathroom, and a kitchen. The property is located 10 minutes from downtown, providing easy access to schools, parks, shopping, dining, and public transportation. The property size is 1596 square feet and the lot size is 0.24 acres.
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 | $21.1k | $13.20 |
| − Vacancy | −$1.2k | −$0.73 |
| EGI | $19.9k | $12.47 |
| − OpEx | −$6.0k | −$3.74 |
| NOI | $13.9k | $8.73 |
1,596 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$199.1K
$174.2K – $232.3K
NOI $13,936 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$185.5K
$162.3K – $216.4K
NOI $12,982 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$372.1K
$325.6K – $434.1K
NOI $26,047 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Green Bay
- County
- Brown
- State
- Wisconsin
- Longitude
- -87.983128
- Latitude
- 44.501094
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex with income potential, near downtown Green Bay.
Where is this duplex located?
The property is located at 202 IRENE Street Green Bay, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Income potential as a well‑maintained duplex with two separate units; Convenient location: 10 minutes from downtown with easy access to schools, parks, shopping, dining, and public transportation; Two units: Upper unit (2 bedrooms, 1 bath, kitchen) and lower unit (1 bedroom, 1 bath, kitchen)
