Two-Unit Craftsman
New
For Sale
$259,900
200 OAK Street, Green Bay, WI 54303
Each residence has its own furnace and central air-conditioning system.
Property Size1,729 SF
Price / SF$150.32
Days on Market5
Property Features for 200 OAK Street
General Information
Standard status
Active
Size
1,729 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,430
Amenities
3-season porch
deck
storage units
Building Details
Building Size
1,729 SF
Year Built
1923
Construction
Craftsman
Listing Agency:
Dallaire Realty
Listed By:
Michael D. Wasilkoff · License #91-936940
(920) 676-9300
Source:
C21ace
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:27AM
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 Dallaire Realty
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Investment Insights
Based on property information with market context.
Built in 1923, this 1,729-square-foot Craftsman duplex contains two apartments: a three-bedroom, one-bath unit on the main floor and a two-bedroom, one-bath unit above. The lower residence includes a three-season porch; the upper apartment has a deck and a spacious living room. Both units have separate furnaces and central air-conditioning systems.
A two-stall garage sits behind the house and is reached from the alley. Additional driveway parking is available at the front. Updates include a roof in 2017; furnaces, central air-conditioning, and flooring and carpet in both units in 2023; two basement storage units in 2023; and garage insulation and an electric heater in 2024.
A two-stall garage sits behind the house and is reached from the alley. Additional driveway parking is available at the front. Updates include a roof in 2017; furnaces, central air-conditioning, and flooring and carpet in both units in 2023; two basement storage units in 2023; and garage insulation and an electric heater in 2024.
Key Highlights
- Two apartments: 3 bedrooms and 1 bathroom downstairs; 2 bedrooms and 1 bathroom upstairs
- 1,729‑square‑foot duplex built in 1923
- Separate furnace and central air‑conditioning system for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,097
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,940
$301.9K
Cap Rate 7%
$215,671
$215.7K
Cap Rate 9%
$167,744
$167.7K
Market Conditions
NOI Build-Up for 1,729 SF
Gross rent
$22.8K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$21.6K $12.47/SF
− OpEx
−$6.5K −$3.74/SF
NOI
$15.1K $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%
$301,940
Cap Rate 7%
$215,671
Cap Rate 9%
$167,744
Alternative Uses
Best Use
Multifamily LT 5
$215.7K
$188.7K – $251.6K
NOI $15,097 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$200.9K
$175.8K – $234.4K
NOI $14,063 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$403.1K
$352.7K – $470.3K
NOI $28,217 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 54303, WI
27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
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 - Each residence has its own furnace and central air-conditioning system.
Where is this duplex located?
The property is located at 200 OAK Street Green Bay, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two apartments: 3 bedrooms and 1 bathroom downstairs; 2 bedrooms and 1 bathroom upstairs; 1,729‑square‑foot duplex built in 1923; Separate furnace and central air‑conditioning system for each apartment
