Move-In Ready Duplex
1395 Western Avenue Green Bay, WI 54303
1395 Western Avenue, Green Bay, WI, 54303
$354,900
For Sale
$354,900
Two 2-bedroom, 1-bath units with separate utilities and central air, plus three garage spaces and outdoor patio space.
Property Size1,456 SF
Price / SF$243.75
Days on Market81
Property Features for 1395 Western Avenue
General Information
- Standard status
- Active
- Size
- 1,456 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1952
Listing agency
Keller Williams Green Bay
(920) 360-0632
Listed by
Maria D Salas Ortiz · License #94-98958
(920) 360-0632
Source
Compass
Added: May 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 8:23AM
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 move-in ready duplex offers two well-maintained residential units, each with a 2-bedroom, 1-bath layout. Each unit has its own utilities, supporting straightforward day-to-day management for investors and providing flexibility for an owner-occupant scenario. Central air is installed in both units, and the overall property is described as being in solid condition.
Located on the west side, the property includes fenced backyard space and a patio on the 1397 side. There are three garage spaces on-site, providing practical off-street parking for tenants or residents. The seller’s remarks also indicate a smart, livable configuration intended for immediate occupancy.
For tenants, the unit mix is designed around comfortable, functional living spaces within a duplex setup, while the separate utilities can help keep billing clear. For buyers, the combination of two independent units, central air in both, and multiple garage spaces can support a variety of residential income and owner-occupant plans. If you’re looking for a ready-to-live-in or ready-to-rent duplex with outdoor and parking amenities, this property is presented as a solid option based on the features provided.
Located on the west side, the property includes fenced backyard space and a patio on the 1397 side. There are three garage spaces on-site, providing practical off-street parking for tenants or residents. The seller’s remarks also indicate a smart, livable configuration intended for immediate occupancy.
For tenants, the unit mix is designed around comfortable, functional living spaces within a duplex setup, while the separate utilities can help keep billing clear. For buyers, the combination of two independent units, central air in both, and multiple garage spaces can support a variety of residential income and owner-occupant plans. If you’re looking for a ready-to-live-in or ready-to-rent duplex with outdoor and parking amenities, this property is presented as a solid option based on the features provided.
Key Highlights
- Move‑in ready duplex built in 1952 with two 2‑bedroom, 1‑bath units
- Each unit has separate utilities and its own central air
- Two forced‑air natural gas furnaces and 2 water heaters (per interior features)
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 | $19.2k | $13.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $18.2k | $12.47 |
| − OpEx | −$5.4k | −$3.74 |
| NOI | $12.7k | $8.73 |
1,456 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$181.6K
$158.9K – $211.9K
NOI $12,714 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$169.2K
$148.0K – $197.4K
NOI $11,843 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with separate utilities and central air, plus three garage spaces and outdoor patio space.
Where is this duplex located?
The property is located at 1395 Western Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $354,900.
What are key features of this property?
This property features: Move‑in ready duplex built in 1952 with two 2‑bedroom, 1‑bath units; Each unit has separate utilities and its own central air; Two forced‑air natural gas furnaces and 2 water heaters (per interior features)
