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Updated Side-by-Side Duplex
New
For Sale
$399,900

1741 ARNOLD Drive, Green Bay, WI 54304

Residential Income, GREEN BAY, WI

Property Size1,758 SF
Lot Size0.18 Acres
Price / SF$227.47
Days on Market6

Property Features for 1741 ARNOLD Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex,Resident
Parking 2
Elementary school district Green Bay Area
Middle school district Green Bay Area
High school district Green Bay Area
Directions Military Ave to Biemeret St. Left on Arnold Dr to duplex.
Standard status Active
APN 6-2815-01
Size 1,758 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4031

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1977
Number of units 2
Building materials Brick, Vinyl Siding, Shake Siding
Listing Agency: Dallaire Realty
Listed By: Greg L. Dallaire · License #9054993
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 6 at 4:06PM
MLS# 50333619

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 side-by-side duplex contains two matching residences, each with two bedrooms and one bathroom. The combined building area is 1,758 square feet, with 879 square feet per unit. Interior improvements include new flooring, refreshed wall surfaces, vinyl windows, updated kitchens with stainless steel appliances and pantries, and renovated bathrooms. Each unit also has a large primary bedroom and a sliding door to its own backyard patio.

The 0.18-acre property is near Lambeau Field. Each residence has a one-stall attached garage, with additional outdoor parking. The property was built in 1977 and has public water and public sewer service.

Key Highlights

  • Two matching 2‑bedroom, 1‑bathroom units; 879 sq ft each
  • 1,758‑square‑foot duplex on a 0.18‑acre lot
  • One‑stall attached garage for each unit, plus outdoor parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,351
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,020 $307.0K
Cap Rate 7%
$219,300 $219.3K
Cap Rate 9%
$170,567 $170.6K
Market Conditions
NOI Build-Up for 1,758 SF
Gross rent
$23.2K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$21.9K $12.47/SF
− OpEx
−$6.6K −$3.74/SF
NOI
$15.4K $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%
$307,020
Cap Rate 7%
$219,300
Cap Rate 9%
$170,567

Alternative Uses

Best Use
Multifamily LT 5
$219.3K
$191.9K – $255.9K (±1% cap)
NOI $15,351 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$204.3K
$178.7K – $238.3K (±1% cap)
NOI $14,299 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$409.9K
$358.6K – $478.2K (±1% cap)
NOI $28,691 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Pharmacy Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 54304, WI

27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature attached garages, eat-in kitchens, and sliding doors to individual patio areas.
Where is this duplex located?
The property is located at 1741 ARNOLD Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two matching 2‑bedroom, 1‑bathroom units; 879 sq ft each; 1,758‑square‑foot duplex on a 0.18‑acre lot; One‑stall attached garage for each unit, plus outdoor parking
More about this property
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