Well-Maintained Duplex on Corner
New
For Sale
$329,900
2255 DEER Trail, Green Bay, WI 54302
MULTI_FAMILY - GREEN BAY, WI
Property Size1,740 SF
Lot Size0.27 Acres
Price / SF$189.60
Days on Market4
Property Features for 2255 DEER Trail
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Lot features
Corner Lot
Elementary school district
Green Bay Area
Middle school district
Green Bay Area
High school district
Green Bay Area
Directions
Danz Ave to Deer Trail
Standard status
Active
APN
21368401
Size
1,740 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4191
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1974
Number of units
2
Building materials
Aluminum Siding, Brick
Listing Agency:
Resource One Realty, LLC
(920) 983-5450
Listed By:
James D. Depas
(920) 536-0125
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 8:06AM
MLS# 50330176
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 well-maintained duplex on a quiet street offers two distinct sides. The vacant 2255 side features a fully renovated kitchen, updated bathroom, and new flooring. The 2257 side is long-term owner-occupied and exceptionally well cared for, requiring only minor cosmetic touches, including fresh paint and bedroom carpets, to be rent-ready. The property includes newer windows, a roof that is about 10 years old, central air, forced air heating, and a poured foundation, with abundant parking. Construction materials include aluminum siding and brick, and the building was constructed in 1974.
Set on a corner lot with mature trees, the property sits close to Baird’s Creek, schools, and shopping. Zoning is designated for a two-family/duplex use, and services include public water and public sewer.
With both sides already updated and ready for leasing workflows—one fully renovated and the other in excellent condition with light improvements—this duplex can support steady rental income opportunities while keeping near-term work focused on cosmetic refreshes.
Set on a corner lot with mature trees, the property sits close to Baird’s Creek, schools, and shopping. Zoning is designated for a two-family/duplex use, and services include public water and public sewer.
With both sides already updated and ready for leasing workflows—one fully renovated and the other in excellent condition with light improvements—this duplex can support steady rental income opportunities while keeping near-term work focused on cosmetic refreshes.
Key Highlights
- 0.27‑acre corner lot duplex with mature trees
- Two sides: vacant 2255 fully renovated; 2257 needs fresh paint and bedroom carpets
- Central air plus forced air heating
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 | $23.0k | $13.20 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $21.7k | $12.47 |
| − OpEx | −$6.5k | −$3.74 |
| NOI | $15.2k | $8.73 |
1,740 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$217.0K
$189.9K – $253.2K
NOI $15,193 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$202.2K
$176.9K – $235.9K
NOI $14,153 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$405.7K
$355.0K – $473.3K
NOI $28,397 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 54302, WI
31,327
Population
13,390
Households
2.3
Avg Household Size
34
Median Age
19%
College-Educated
81%
High-School Grad
9.2 sq mi
ZIP Area
3,405
Density / Sq Mi
$55,772
Median Household Income
$37,257
Median Earnings
$881
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with central air and forced-air heat, featuring a vacant renovated unit and an owner-maintained unit.
Where is this duplex located?
The property is located at 2255 DEER Trail Green Bay, WI.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 0.27‑acre corner lot duplex with mature trees; Two sides: vacant 2255 fully renovated; 2257 needs fresh paint and bedroom carpets; Central air plus forced air heating
