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    Spacious Duplex in Green Bay

    1633 PONDEROSA Avenue Green Bay, WI 54313

    1633 PONDEROSA Avenue, Green Bay, WI, 54313
    $520,000
    For Sale
    Claim this Listing
    $520,000

    MULTI_FAMILY - GREEN BAY, WI

    Property Size3,202 SF
    Lot Size0.43 Acres
    Price / SF$162.40
    AddedMay 29
    Days on Market47
    Last RefreshJul 14 at 5:06 pm

    Property Features for 1633 PONDEROSA Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    2 Family/Duplex
    Parking
    4
    Standard status
    Active
    APN
    VA-460-O-353
    Size
    3,202 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5390

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1994
    Number of units
    2
    Building materials
    Brick, Vinyl Siding

    Listing agent Jeff J. Deacon License #9452308

    Listing office Shorewest, Realtors 839 Lombardi Ave, Green Bay, WI

    Listing date May 29, 2026

    MLS# 50326396 Listing URL

    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 spacious side-by-side duplex presents an exceptional investment or owner-occupied opportunity in a desirable Ashwaubenon location of Green Bay, Wisconsin. Situated on a generous 0.43-acre cul-de-sac lot, the property has strong rental appeal. Each side features three spacious bedrooms upstairs, with the primary bedroom having two walk-in closets and a full bath with dual access. The main floor boasts a welcoming living room with a cozy fireplace, a large kitchen/dinette with a pantry, and a sliding door to the patio. A first-floor laundry/half bath combo adds everyday functionality. The property includes attached two-stall garages. Updates include the roof, furnace, and water heaters. The property is currently occupied by long-term tenants who pay all utilities. The property size is 3202 square feet. This well-maintained property is a rare find.

    Key Highlights

    • Side‑by‑side duplex in desirable Ashwaubenon location offers investment or owner‑occupied opportunity.
    • Spacious units each feature three bedrooms, including a primary suite with two walk‑in closets and dual access to a full bath.
    • Situated on a generous .43 acre cul‑de‑sac lot.

    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 $42.3k $13.20
    − Vacancy −$2.3k −$0.73
    EGI $39.9k $12.47
    − OpEx −$12.0k −$3.74
    NOI $28.0k $8.73
    3,202 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $399.4K
    $349.5K – $466.0K (±1% cap)
    NOI $27,959 @ 7.0% cap · market cap 5.38%
    Second Best
    Apartment 5plus
    $372.1K
    $325.6K – $434.1K (±1% cap)
    NOI $26,045 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $746.5K
    $653.2K – $871.0K (±1% cap)
    NOI $52,257 @ 7.0% cap · market cap 10.05%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Nail Salon Grocery & Convenience Store Restaurant Skin Care Clinic Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex on a large lot in Ashwaubenon.
    Where is this duplex located?
    The property is located at 1633 PONDEROSA Avenue Green Bay, WI.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: Side‑by‑side duplex in desirable Ashwaubenon location offers investment or owner‑occupied opportunity.; Spacious units each feature three bedrooms, including a primary suite with two walk‑in closets and dual access to a full bath.; Situated on a generous .43 acre cul‑de‑sac lot.
    Contact an agent
    (920) 593-4136
    We can help!
    Contact an agent
    Jeff J. Deacon
    Real Estate License ID: 9452308
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