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Duplex with Detached Garage
For Sale
$249,900

1331 PORLIER Street, Green Bay, WI 54301

Residential Income, GREEN BAY, WI

Property Size1,386 SF
Lot Size0.29 Acres
Price / SF$180.30
Days on Market27

Property Features for 1331 PORLIER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Parking 2
Subdivision Astor Park
Elementary school district Green Bay Area
Middle school district Green Bay Area
High school district Green Bay Area
Directions N Broadway to Porlier
Standard status Active
APN 17-504
Size 1,386 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2148

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Amenities

covered front porch

Building Details

Year built 1923
Number of units 2
Building materials Aluminum Siding, Vinyl Siding
Listing Agency: Resource One Realty, LLC
Listed By: Thomas B. Monahan · License #9429437
Added: Sep 10 Changed: Oct 5 Last Checked: Oct 6 at 4:06PM
MLS# 50332641

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,386-square-foot duplex was built in 1923 and occupies a 0.29-acre lot extending 240 feet deep. The main-level unit is owner-occupied and includes raised-panel cabinetry, while the property’s two-family configuration provides separate gas and electric utilities. A new furnace was installed for the main level in September 2026.

The property is located on Porlier Street in Green Bay’s Astor Park area. Public water and public sewer serve the home, with hot water heating and aluminum and vinyl siding. Exterior features include a covered front porch and a detached garage. The owner currently pays the water expense, and the property is zoned 2 Family/Duplex.

Key Highlights

  • 1,386‑square‑foot duplex on a 0.29‑acre lot
  • 240‑foot‑deep lot in Green Bay’s Astor Park area
  • Detached 2‑car garage and covered front porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,102
Cap Rate
4.84%
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 (±1% cap)
NOI $12,102 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$161.1K
$140.9K – $187.9K (±1% cap)
NOI $11,274 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$323.1K
$282.8K – $377.0K (±1% cap)
NOI $22,620 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Real Estate Agency Building Supply Accounting Firm Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with separate gas and electric utilities, a covered porch, and a detached garage.
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 $249,900.
What are key features of this property?
This property features: 1,386‑square‑foot duplex on a 0.29‑acre lot; 240‑foot‑deep lot in Green Bay’s Astor Park area; Detached 2‑car garage and covered front porch
More about this property
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