Remodeled Duplex with Detached
New
For Sale
$330,000
130 Gwynn St, Green Bay, WI 54301
Two-unit property with one leased side, an updated living space, and dedicated garage parking for each unit.
Property Size1,536 SF
Price / SF$214.84
Days on Market5
Property Features for 130 Gwynn St
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Multi-Family
Building Details
Year Built
1962
Listing Agency:
Renard Realty
(920) 606-4436
Listed By:
Shane Renard - Principal Broker Owner · License #9057962
(920) 606-4436
Source:
Renardrealtygroup
Added: Aug 28
Changed: Aug 30
Last Checked: Aug 31 at 2:48PM
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 Renard Realty
Investment Insights
Based on property information with market context.
This duplex contains 1,536 square feet and was built in 1962. One unit is occupied by a long-term tenant, while the former owner-occupied unit has been remodeled with a new kitchen and bath, luxury vinyl flooring, updated lighting, and additional improvements. A detached two-car garage provides one stall for each unit.
The property is located at 130 Gwynn St in Green Bay, Wisconsin, within a short distance of downtown De Pere and the East River Trail. The existing tenant arrangement and completed updates provide a clearly defined setup for an owner-occupant or rental property owner.
The property is located at 130 Gwynn St in Green Bay, Wisconsin, within a short distance of downtown De Pere and the East River Trail. The existing tenant arrangement and completed updates provide a clearly defined setup for an owner-occupant or rental property owner.
Key Highlights
- 1,536‑square‑foot duplex built in 1962
- One unit occupied by a long‑term tenant
- Former owner‑occupied unit remodeled with new kitchen and bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,412
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$268,240
$268.2K
Cap Rate 7%
$191,600
$191.6K
Cap Rate 9%
$149,022
$149.0K
Market Conditions
NOI Build-Up for 1,536 SF
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.
Gross rent
$20.3K $13.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$19.2K $12.47/SF
− OpEx
−$5.7K −$3.74/SF
NOI
$13.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$268,240
Cap Rate 7%
$191,600
Cap Rate 9%
$149,022
Alternative Uses
Best Use
Multifamily LT 5
$191.6K
$167.7K – $223.5K
NOI $13,412 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$178.5K
$156.2K – $208.2K
NOI $12,494 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$358.1K
$313.4K – $417.8K
NOI $25,068 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one leased side, an updated living space, and dedicated garage parking for each unit.
Where is this duplex located?
The property is located at 130 Gwynn St Green Bay, WI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,536‑square‑foot duplex built in 1962; One unit occupied by a long‑term tenant; Former owner‑occupied unit remodeled with new kitchen and bath
