Updated Two-Family
1307 South Clay Street Green Bay, WI 54301
1307 South Clay Street, Green Bay, WI, 54301
$299,900
For Sale
$299,900
Move-in-ready two-family residence with updated units, shared basement storage, and a one-stall garage for each unit.
Property Size2,151 SF
Price / SF$139.42
Days on Market44
Property Features for 1307 South Clay Street
General Information
- Standard status
- Active
- Size
- 2,151 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1940
Listing agency
Coldwell Banker Real Estate Group
(920) 680-7288
Listed by
Jill M Dickson-Kesler · License #90-52973
(920) 680-7288
Source
Compass
Added: Jun 10 Updated: Jul 22 at 1:58AM Checked: Jul 22 at 10:49AM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This updated two-family home offers two separate units with practical living layouts and included kitchen appliances. The first-floor unit features a spacious living room, eat-in kitchen, dining area, and three bedrooms, with hardwood flooring. The upper-level two-bedroom unit has been updated with newer flooring, paint, and an updated bathroom. Both units also benefit from basement storage, and there is a one-stall garage for each unit.
The property is located in Allouez and is within walking distance to two major hospitals. It also provides convenient access to shopping, dining, parks, and schools.
The home is presented as move-in-ready for either owner-occupants or investors, and showings are limited to scheduled open houses only.
The property is located in Allouez and is within walking distance to two major hospitals. It also provides convenient access to shopping, dining, parks, and schools.
The home is presented as move-in-ready for either owner-occupants or investors, and showings are limited to scheduled open houses only.
Key Highlights
- Two‑family home built in 1940 with 1st floor and upper 2‑bdrm unit
- 1st floor accessibility features: 1st floor bedroom and 1st floor full bath
- Multiple updates noted, including newer flooring, paint, and an updated bathroom in the upper unit
Local 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 | $28.4k | $13.20 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $26.8k | $12.47 |
| − OpEx | −$8.0k | −$3.74 |
| NOI | $18.8k | $8.73 |
2,151 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.3K
$234.8K – $313.0K
NOI $18,782 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$249.9K
$218.7K – $291.6K
NOI $17,496 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$501.5K
$438.8K – $585.1K
NOI $35,104 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Move-in-ready two-family residence with updated units, shared basement storage, and a one-stall garage for each unit.
Where is this duplex located?
The property is located at 1307 South Clay Street Green Bay, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑family home built in 1940 with 1st floor and upper 2‑bdrm unit; 1st floor accessibility features: 1st floor bedroom and 1st floor full bath; Multiple updates noted, including newer flooring, paint, and an updated bathroom in the upper unit
