Duplex with Detached
For Sale
$239,900
1331 PORLIER Street, Green Bay, WI 54301
Owner-occupied main level includes raised-panel cabinetry and a covered front porch.
Property Size1,386 SF
Price / SF$173.09
Days on Market35
Property Features for 1331 PORLIER Street
General Information
Standard status
Active
Size
1,386 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,148
Amenities
covered front porch
Building Details
Building Size
1,386 SF
Year Built
1923
Buildings
1
Listing Agency:
Resource One Realty, LLC
Listed By:
Thomas B. Monahan · License #91-700983
(920) 338-8116
Source:
C21ace
Added: Sep 10
Changed: Oct 12
Last Checked: Oct 13 at 2:42AM
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 Resource One Realty, LLC
Investment Insights
Based on property information with market context.
This 1,386-square-foot duplex was built in 1923 and includes a main-level residence with raised-panel cabinetry and a comfortable layout. The property has been maintained and occupied by the same family for 42 years. A new furnace was installed for the main level in September 2026. Separate gas and electric utilities serve the units, while water is paid by the owner.
The property sits on a 240-foot-deep lot in the Astor Park area of Green Bay. Exterior features include a covered front porch and a detached two-car garage. The existing arrangement may also be converted back to a single-family residence, providing an alternative configuration for the next owner.
The property sits on a 240-foot-deep lot in the Astor Park area of Green Bay. Exterior features include a covered front porch and a detached two-car garage. The existing arrangement may also be converted back to a single-family residence, providing an alternative configuration for the next owner.
Key Highlights
- 2‑family duplex with 1,386 square feet, built in 1923
- Located in Green Bay’s Astor Park area on a 240‑foot‑deep lot
- Detached 2‑car garage and covered front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,102
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,040
$242.0K
Cap Rate 7%
$172,886
$172.9K
Cap Rate 9%
$134,467
$134.5K
Market Conditions
NOI Build-Up for 1,386 SF
Gross rent
$18.3K $13.20/SF
− Vacancy
−$1.0K −$0.73/SF
EGI
$17.3K $12.47/SF
− OpEx
−$5.2K −$3.74/SF
NOI
$12.1K $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%
$242,040
Cap Rate 7%
$172,886
Cap Rate 9%
$134,467
Alternative Uses
Best Use
Multifamily LT 5
$172.9K
$151.3K – $201.7K
NOI $12,102 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$161.1K
$140.9K – $187.9K
NOI $11,274 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$323.1K
$282.8K – $377.0K
NOI $22,620 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,204
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 - Owner-occupied main level includes raised-panel cabinetry and a covered front porch.
Where is this duplex located?
The property is located at 1331 PORLIER Street Green Bay, WI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2‑family duplex with 1,386 square feet, built in 1923; Located in Green Bay’s Astor Park area on a 240‑foot‑deep lot; Detached 2‑car garage and covered front porch
