Two-Unit Duplex with Attached
1023 ROCKWELL Road Green Bay, WI 54313
For Sale
$430,000
MULTI_FAMILY - GREEN BAY, WI
Property Size1,776 SF
Lot Size0.34 Acres
Price / SF$242.12
Days on Market49
Property Features for 1023 ROCKWELL Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
5
Standard status
Active
APN
vh-1035-48
Size
1,776 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3865
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Number of units
2
Building materials
Brick, Vinyl Siding
Listing Agency:
Resource One Realty, LLC
(920) 983-5450
Listed By:
Kimberly M. Burton · License #9459403
(920) 425-8866
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 50327395
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 for-sale duplex offers two separate residential units, each with two bedrooms, one full bathroom, a spacious living room, and a kitchen with abundant cabinet space. The property is described as nicely updated and well maintained, with a newer roof installed in 2022 and HVAC installed in 2019 on the Danbar side. Outdoor space includes a fenced-in yard and patio area for resident use. The Rockwell side additionally features a 3-season screened porch.
The duplex is set on a 0.34-acre lot in the Howard-Suamico School District area. Each unit includes a two-stall attached garage for parking and storage convenience. There is also an additional 1.5-stall detached garage on the Rockwell side, which the current owner uses for storage and is noted as not being used by tenants.
For buyers seeking either an owner-occupied home or a multi-unit setup, the layout supports flexible use with two similarly configured apartments. The on-site garages and multiple outdoor features add practical day-to-day value, while the noted roof and HVAC updates may help reduce near-term mechanical concerns. Showings require 24-hour notice, and appointments begin Monday, 6/15/26.
The duplex is set on a 0.34-acre lot in the Howard-Suamico School District area. Each unit includes a two-stall attached garage for parking and storage convenience. There is also an additional 1.5-stall detached garage on the Rockwell side, which the current owner uses for storage and is noted as not being used by tenants.
For buyers seeking either an owner-occupied home or a multi-unit setup, the layout supports flexible use with two similarly configured apartments. The on-site garages and multiple outdoor features add practical day-to-day value, while the noted roof and HVAC updates may help reduce near-term mechanical concerns. Showings require 24-hour notice, and appointments begin Monday, 6/15/26.
Key Highlights
- Spacious duplex in Howard‑Suamico School District
- Each unit offers 2 bedrooms, 1 full bath, spacious living room, and kitchen with abundant cabinet space
- Updates include newer roof (2022) and HVAC (2019) on the Danbar side
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 | $23.4k | $13.20 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $22.2k | $12.47 |
| − OpEx | −$6.6k | −$3.74 |
| NOI | $15.5k | $8.73 |
1,776 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$221.5K
$193.9K – $258.5K
NOI $15,508 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,446 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$414.1K
$362.3K – $483.1K
NOI $28,984 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom units, updated roof and HVAC, and attached two-stall garages.
Where is this duplex located?
The property is located at 1023 ROCKWELL Road Green Bay, WI.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Spacious duplex in Howard‑Suamico School District; Each unit offers 2 bedrooms, 1 full bath, spacious living room, and kitchen with abundant cabinet space; Updates include newer roof (2022) and HVAC (2019) on the Danbar side
