Two-Unit Duplex
1333 Nelson Street Green Bay, WI 54304
1333 Nelson Street, Green Bay, WI, 54304
$299,900
For Sale
$299,900
Side-by-side two-story duplex with two bedrooms per unit, attached garages, and full unfinished basements with laundry areas.
Property Size2,264 SF
Price / SF$132.46
Days on Market170
Property Features for 1333 Nelson Street
General Information
- Standard status
- Active
- Size
- 2,264 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1971
Listing agency
Coldwell Banker Real Estate Group
(920) 621-1103
Listed by
Michael J Rabideau · License #94-26597
(920) 621-1103
Source
Compass
Added: Feb 2 Updated: Jul 20 at 6:26PM Checked: Jul 20 at 6:26PM
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 two-story side-by-side duplex includes two units, each with an open kitchen with dinette, a spacious living room, two bedrooms upstairs, and 1.5 bathrooms. Both units also feature full poured unfinished basements with designated laundry areas, providing storage and expansion space. Each unit is served by its own 1.5-car attached garage.
The property has recent updates including new vinyl siding and replacement of all windows (7/18), along with newer shingles and boiler replacement, with additional improvements detailed on the Seller’s update sheet.
The duplex is offered for sale with long-term tenants in place, approximately 20 and 15 years, and the location is described as less than 2 miles from historic Lambeau Field and the Title Town entertainment district, with convenience to shopping, dining, and major routes.
The property has recent updates including new vinyl siding and replacement of all windows (7/18), along with newer shingles and boiler replacement, with additional improvements detailed on the Seller’s update sheet.
The duplex is offered for sale with long-term tenants in place, approximately 20 and 15 years, and the location is described as less than 2 miles from historic Lambeau Field and the Title Town entertainment district, with convenience to shopping, dining, and major routes.
Key Highlights
- Two‑story side‑by‑side duplex (1971) with 2 bedrooms and 1.5 baths in each unit
- Each unit features an open kitchen with dinette, a spacious living room, and two bedrooms upstairs
- Full poured, unfinished basements for both units with laundry areas and sump pump
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 | $29.9k | $13.20 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $28.2k | $12.47 |
| − OpEx | −$8.5k | −$3.74 |
| NOI | $19.8k | $8.73 |
2,264 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.4K
$247.1K – $329.5K
NOI $19,769 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$263.1K
$230.2K – $306.9K
NOI $18,415 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$527.8K
$461.9K – $615.8K
NOI $36,948 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Side-by-side two-story duplex with two bedrooms per unit, attached garages, and full unfinished basements with laundry areas.
Where is this duplex located?
The property is located at 1333 Nelson 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‑story side‑by‑side duplex (1971) with 2 bedrooms and 1.5 baths in each unit; Each unit features an open kitchen with dinette, a spacious living room, and two bedrooms upstairs; Full poured, unfinished basements for both units with laundry areas and sump pump
