Bayfront Side-by-Side
2453 East Shore Drive Green Bay, WI 54302
For Sale
$527,000
Side-by-side duplex with two oversized bedrooms, one bath, kitchen, and living room per unit, near UW-Green Bay.
Property Size2,002 SF
Price / SF$263.24
Days on Market330
Property Features for 2453 East Shore Drive
General Information
- Standard status
- Active
- Size
- 2,002 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1950
Listing Agency:
Creative Results Corporation
(920) 737-4618
Listed By:
Tou L Yang · License #94-84872
(920) 737-4618
Source:
Compass
Added: Aug 30, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:37AM
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 Creative Results Corporation
Investment Insights
Based on property information with market context.
This side-by-side duplex offers two units with 2 oversized bedrooms, 1 bath, kitchen, and a living room in each home. The property includes separate utilities, supporting flexible ownership and rental use.
Located near the Bay of Green Bay, the home is also close to a wildlife park, area amusements, and the University of Wisconsin–Green Bay.
With its dual-unit configuration and separate utility arrangements, the property is set up for either investment ownership or owner-occupancy.
Located near the Bay of Green Bay, the home is also close to a wildlife park, area amusements, and the University of Wisconsin–Green Bay.
With its dual-unit configuration and separate utility arrangements, the property is set up for either investment ownership or owner-occupancy.
Key Highlights
- Side‑by‑side duplex (2‑story) built in 1950 with shake siding and a block foundation
- Each unit has 2 oversized bedrooms, 1 bath, kitchen, and a living room
- Accessibility features include a 1st‑floor bedroom and 1st‑floor full bath
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 | $26.4k | $13.20 |
| − Vacancy | −$1.5k | −$0.73 |
| EGI | $25.0k | $12.47 |
| − OpEx | −$7.5k | −$3.74 |
| NOI | $17.5k | $8.73 |
2,002 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.7K
$218.5K – $291.4K
NOI $17,481 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$232.6K
$203.6K – $271.4K
NOI $16,284 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$466.8K
$408.4K – $544.6K
NOI $32,673 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Side-by-side duplex with two oversized bedrooms, one bath, kitchen, and living room per unit, near UW-Green Bay.
Where is this duplex located?
The property is located at 2453 East Shore Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $527,000.
What are key features of this property?
This property features: Side‑by‑side duplex (2‑story) built in 1950 with shake siding and a block foundation; Each unit has 2 oversized bedrooms, 1 bath, kitchen, and a living room; Accessibility features include a 1st‑floor bedroom and 1st‑floor full bath
