Duplex with Spacious
1123 CASS Street Green Bay, WI 54301
For Sale
$239,500
Duplex offers two units, including a 3-bedroom side and a 1-bedroom side, with yard and recent interior updates.
Property Size1,686 SF
Price / SF$142.05
Days on Market19
Property Features for 1123 CASS Street
General Information
Standard status
Active
Size
1,686 SF
Property subtype
Duplex
Building Details
Year Built
1903
Listing Agency:
Ben Bartolazzi Real Estate, Inc
(920) 636-6239
Listed By:
Elizabeth A. Weiss
Source:
C21ace
Added: Jul 9
Changed: Jul 22
Last Checked: Jul 26 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Bartolazzi Real Estate, Inc
Investment Insights
Based on property information with market context.
This duplex includes two separate sides. The side designated as 1123 features 3 bedrooms, 1 bathroom, a formal dining room, a spacious kitchen with a pantry, and a living room. The side designated as 1123 1/2 includes 1 bedroom and 1 bathroom, with separate living room and kitchen spaces. The property also includes a spacious back yard.
The home is located in the Astor Park area, listed as about two blocks from the hospital. Updates mentioned include new flooring in the bedroom, living room, and bathroom for the front unit, and new carpet in the living room and stairs for the back unit, along with an updated front door pathway.
Each unit has its own interior layout, supporting owner-occupied living or rental use, depending on the buyer’s preference. A full list of updates is noted in the attached document.
The home is located in the Astor Park area, listed as about two blocks from the hospital. Updates mentioned include new flooring in the bedroom, living room, and bathroom for the front unit, and new carpet in the living room and stairs for the back unit, along with an updated front door pathway.
Each unit has its own interior layout, supporting owner-occupied living or rental use, depending on the buyer’s preference. A full list of updates is noted in the attached document.
Key Highlights
- 1903‑built duplex with two units: 3‑bedroom/1‑bath and 1‑bedroom/1‑bath
- 3‑bedroom side includes formal dining room, spacious kitchen with pantry, and living room
- 1‑bedroom side features separate living room and kitchen spaces
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 | $22.3k | $13.20 |
| − Vacancy | −$1.2k | −$0.73 |
| EGI | $21.0k | $12.47 |
| − OpEx | −$6.3k | −$3.74 |
| NOI | $14.7k | $8.73 |
1,686 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$210.3K
$184.0K – $245.4K
NOI $14,722 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$195.9K
$171.4K – $228.6K
NOI $13,714 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$393.1K
$344.0K – $458.6K
NOI $27,516 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers two units, including a 3-bedroom side and a 1-bedroom side, with yard and recent interior updates.
Where is this duplex located?
The property is located at 1123 CASS Street Green Bay, WI.
What is the asking price?
The asking price for this property is $239,500.
What are key features of this property?
This property features: 1903‑built duplex with two units: 3‑bedroom/1‑bath and 1‑bedroom/1‑bath; 3‑bedroom side includes formal dining room, spacious kitchen with pantry, and living room; 1‑bedroom side features separate living room and kitchen spaces
