Duplex with Separate
For Sale
$275,000
1227 Porlier St, Green Bay, WI 54301
Two residential units offer private entrances, included appliances, and access to a large backyard.
Property Size1,680 SF
Price / SF$163.69
Days on Market50
Property Features for 1227 Porlier St
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
large backyard
private entrances
Building Details
Year Built
1900
Listing Agency:
Fathom Realty, LLC
Listed By:
Leonel Cortes · License #9493315
(920) 265-0862
Source:
Lisakawula
Added: Aug 26
Changed: Sep 30
Last Checked: Oct 13 at 12:12AM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
Located at 1227 Porlier Street in Green Bay, this 1,680-square-foot duplex contains two distinct residential units. The lower unit includes 2 bedrooms and 1 bathroom, while the upper unit provides 1 bedroom and 1 bathroom. Each residence has private front and rear entrances, and appliances are included.
Separate utility services support straightforward unit-level management. The property also includes a large backyard, adding outdoor space to the in-town setting. Built in 1900, the duplex is positioned near downtown Green Bay, area hospitals, shopping, dining, Astor Park, and everyday conveniences.
Separate utility services support straightforward unit-level management. The property also includes a large backyard, adding outdoor space to the in-town setting. Built in 1900, the duplex is positioned near downtown Green Bay, area hospitals, shopping, dining, Astor Park, and everyday conveniences.
Key Highlights
- 1,680‑square‑foot duplex built in 1900
- Lower unit includes 2 bedrooms and 1 bathroom
- Upper unit includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,669
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,380
$293.4K
Cap Rate 7%
$209,557
$209.6K
Cap Rate 9%
$162,989
$163.0K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$22.2K $13.20/SF
− Vacancy
−$1.2K −$0.73/SF
EGI
$21.0K $12.47/SF
− OpEx
−$6.3K −$3.74/SF
NOI
$14.7K $8.73/SF
Area
Green Bay, WI
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,380
Cap Rate 7%
$209,557
Cap Rate 9%
$162,989
Alternative Uses
Best Use
Multifamily LT 5
$209.6K
$183.4K – $244.5K
NOI $14,669 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$195.2K
$170.8K – $227.8K
NOI $13,665 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 54301, WI
22,875
Population
10,532
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,519
Density / Sq Mi
$76,768
Median Household Income
$45,717
Median Earnings
$929
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private entrances, included appliances, and access to a large backyard.
Where is this duplex located?
The property is located at 1227 Porlier St Green Bay, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,680‑square‑foot duplex built in 1900; Lower unit includes 2 bedrooms and 1 bathroom; Upper unit includes 1 bedroom and 1 bathroom
