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828 MATHER Street, Green Bay, WI, 54303
Green Bay Duplex with Income

828 MATHER Street Green Bay, WI 54303

For Sale
$171,900

MULTI_FAMILY - GREEN BAY, WI

Property Size1,747 SF
Lot Size0.18 Acres
Price / SF$98.40
Days on Market140

Property Features for 828 MATHER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Parking 2
Standard status Active
APN 5-182
Size 1,747 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 7,871 SQ FT CROCKER & HENDERSONS 1ST AD D LOT 14 & W 1/2 OF LOT 15 BLK 2
Tax Annual Amount 1572

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1928
Number of units 2
Building materials Vinyl Siding
Listing Agency: Keller Williams Green Bay
Listed By: Breanna C. Johnson · License #9492531
Added: Mar 10 Changed: Jul 26 Last Checked: Jul 27 at 1:06PM
MLS# 50322143

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 Green Bay duplex offers income potential and is zoned for residential use. The main level unit features one bedroom, one bathroom, first-floor laundry, and a tiled shower. The upper unit includes one bedroom, one bathroom, and a bonus kitchen, suitable for rental income or extended living. The upper unit is equipped with electric heat. The property includes a fenced-in backyard, a 1.5 stall garage, and extra parking off the alley. The lower level has a bonus room with space to finish a full bath, offering additional value. The property size is 1747 square feet and the lot size is 0.18 acres.

Key Highlights

  • Income potential from upper unit with bonus kitchen.
  • Main level unit features 1 bed, 1 bath, and first‑floor laundry.
  • Enjoy the fenced‑in backyard and a 1.5 stall garage.

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 $23.1k $13.20
− Vacancy −$1.3k −$0.73
EGI $21.8k $12.47
− OpEx −$6.5k −$3.74
NOI $15.3k $8.73
1,747 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$217.9K
$190.7K – $254.2K (±1% cap)
NOI $15,254 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$203.0K
$177.6K – $236.8K (±1% cap)
NOI $14,210 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$407.3K
$356.4K – $475.2K (±1% cap)
NOI $28,511 @ 7.0% cap · market cap 16.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Nail Salon Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Charming duplex in Green Bay with income potential.
Where is this duplex located?
The property is located at 828 MATHER Street Green Bay, WI.
What is the asking price?
The asking price for this property is $171,900.
What are key features of this property?
This property features: Income potential from upper unit with bonus kitchen.; Main level unit features 1 bed, 1 bath, and first‑floor laundry.; Enjoy the fenced‑in backyard and a 1.5 stall garage.
More about this property
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