Two-Unit Duplex with
For Sale
$349,900
1395 Western Ave, Green Bay, WI 54303
Well-maintained duplex with separate utilities, central air, and private outdoor space for one unit.
Property Size1,456 SF
Price / SF$240.32
Days on Market70
Property Features for 1395 Western Ave
General Information
Standard status
Active
Size
1,456 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
central air
Building Details
Year Built
1952
Buildings
1
Listing Agency:
Keller Williams Green Bay
Listed By:
Maria D. Salas Ortiz · License #9498958
(920) 360-0632
Source:
Moving2greenbay
Added: Jul 29
Changed: Oct 3
Last Checked: Oct 5 at 9:14PM
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 Keller Williams Green Bay
Investment Insights
Based on property information with market context.
This duplex contains two well-maintained units, each offering 2 bedrooms and 1 bathroom. The property provides 1,456 square feet of building area, with central air serving both units and separate utilities for each residence. Three garage spaces add useful on-site storage and parking capacity.
One unit includes a fenced backyard and patio, providing private outdoor space. Built in 1952, the property is located at 1395 Western Ave in Green Bay, Wisconsin. Its two-unit configuration supports rental occupancy or owner-occupant use, subject to applicable requirements.
One unit includes a fenced backyard and patio, providing private outdoor space. Built in 1952, the property is located at 1395 Western Ave in Green Bay, Wisconsin. Its two-unit configuration supports rental occupancy or owner-occupant use, subject to applicable requirements.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,456 square feet of building area
- Three garage spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,714
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,280
$254.3K
Cap Rate 7%
$181,629
$181.6K
Cap Rate 9%
$141,267
$141.3K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$19.2K $13.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$18.2K $12.47/SF
− OpEx
−$5.4K −$3.74/SF
NOI
$12.7K $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%
$254,280
Cap Rate 7%
$181,629
Cap Rate 9%
$141,267
Alternative Uses
Best Use
Multifamily LT 5
$181.6K
$158.9K – $211.9K
NOI $12,714 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$169.2K
$148.0K – $197.4K
NOI $11,843 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 54303, WI
27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
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 - Well-maintained duplex with separate utilities, central air, and private outdoor space for one unit.
Where is this duplex located?
The property is located at 1395 Western Ave Green Bay, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,456 square feet of building area; Three garage spaces
