2-Unit Duplex with
For Sale
$189,900
1339 E WALNUT Street, Green Bay, WI 54301
Separate outdoor spaces include a screened porch and an upper-level balcony.
Property Size1,274 SF
Price / SF$149.06
Days on Market10
Property Features for 1339 E WALNUT Street
General Information
Standard status
Active
Size
1,274 SF
Property subtype
Duplex
Site & Location
Neighborhood
Three Corners
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,025
Amenities
3 seasons porch
balcony
Building Details
Building Size
1,274 SF
Year Built
1917
Listing Agency:
Rooted Realty
Listed By:
Hayley M. Gracyalny · License #91-905424
(920) 619-7439
Source:
C21ace
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 28 at 6:08PM
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 Rooted Realty
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Investment Insights
Based on property information with market context.
Built in 1917, this duplex contains two residential units and 1,274 square feet. The lower apartment has a three-season porch, while the upper unit features a second-floor balcony and a spacious bathroom with a clawfoot tub.
Garage parking is provided for each tenant, with additional outdoor parking on site. The property is in Green Bay, with schools, stores, and city attractions described as accessible nearby.
Garage parking is provided for each tenant, with additional outdoor parking on site. The property is in Green Bay, with schools, stores, and city attractions described as accessible nearby.
Key Highlights
- Two‑unit duplex with 1,274 square feet
- Built in 1917
- Lower unit includes a three‑season porch; upper unit has a second‑story balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,124
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,480
$222.5K
Cap Rate 7%
$158,914
$158.9K
Cap Rate 9%
$123,600
$123.6K
Market Conditions
NOI Build-Up for 1,274 SF
Gross rent
$16.8K $13.20/SF
− Vacancy
−$925 −$0.73/SF
EGI
$15.9K $12.47/SF
− OpEx
−$4.8K −$3.74/SF
NOI
$11.1K $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%
$222,480
Cap Rate 7%
$158,914
Cap Rate 9%
$123,600
Alternative Uses
Best Use
Multifamily LT 5
$158.9K
$139.1K – $185.4K
NOI $11,124 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$148.0K
$129.5K – $172.7K
NOI $10,363 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$297.0K
$259.9K – $346.5K
NOI $20,792 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate outdoor spaces include a screened porch and an upper-level balcony.
Where is this duplex located?
The property is located at 1339 E WALNUT Street Green Bay, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,274 square feet; Built in 1917; Lower unit includes a three‑season porch; upper unit has a second‑story balcony
