Updated Duplex with Privacy
For Sale
$470,000
2744 Monaco Dr, Green Bay, WI 54311
Two-unit residential property with month-to-month tenancy and tenant-paid utilities.
Property Size2,688 SF
Price / SF$174.85
Days on Market86
Property Features for 2744 Monaco Dr
General Information
Standard status
Active
Size
2,688 SF
Property subtype
Multi-Family
Building Details
Year Built
1993
Listing Agency:
Lannon Stone Realty, LLC
Listed By:
Nancy M. Ruben · License #9445292
(920) 983-5450
Source:
Lisakawula
Added: Jul 21
Changed: Sep 23
Last Checked: Oct 7 at 12:56PM
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 Lannon Stone Realty, LLC
Investment Insights
Based on property information with market context.
This duplex contains 2,688 square feet and was built in 1993. The property includes three bedrooms and one and a half baths, along with updates to the roof, oversized aluminum gutters, flooring, refrigerator, patio door, and privacy fencing.
Current tenants are on month-to-month agreements and pay all utilities. The property is located close to the highway, and showings require 24-hour notice.
Current tenants are on month-to-month agreements and pay all utilities. The property is located close to the highway, and showings require 24-hour notice.
Key Highlights
- 2,688‑square‑foot duplex built in 1993
- Three bedrooms and 1.5 baths
- Roof updated in 22'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,471
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,420
$469.4K
Cap Rate 7%
$335,300
$335.3K
Cap Rate 9%
$260,789
$260.8K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$35.5K $13.20/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$33.5K $12.47/SF
− OpEx
−$10.1K −$3.74/SF
NOI
$23.5K $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%
$469,420
Cap Rate 7%
$335,300
Cap Rate 9%
$260,789
Alternative Uses
Best Use
Multifamily LT 5
$335.3K
$293.4K – $391.2K
NOI $23,471 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$312.3K
$273.3K – $364.4K
NOI $21,864 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$626.7K
$548.4K – $731.1K
NOI $43,868 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 54311, WI
37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with month-to-month tenancy and tenant-paid utilities.
Where is this duplex located?
The property is located at 2744 Monaco Dr Green Bay, WI.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 2,688‑square‑foot duplex built in 1993; Three bedrooms and 1.5 baths; Roof updated in 22'
