Side-by-Side Bi-Level
For Sale
$375,000
2958 Sorenson Drive, Green Bay, WI 54313
Duplex features two bi-level units with 3 bedrooms, 2 full baths, attached garages, and separate utilities.
Property Size3,184 SF
Price / SF$117.78
Days on Market19
Property Features for 2958 Sorenson Drive
General Information
Standard status
Active
Size
3,184 SF
Property subtype
Multifamily / Duplex (2 Unit)
Additional Details
Multifamily Units
2
Building Details
Year Built
1988
Tenancy
Multi
Listing Agency:
Fathom Realty, LLC
(920) 265-0862
Listed By:
Leonel Cortes · License #94-93315
(920) 265-0862
Source:
Compass
Added: Jul 16
Changed: Jul 21
Last Checked: Aug 2 at 12:42PM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
This side-by-side bi-level duplex offers two separate residential units, each with 3 bedrooms and 2 full bathrooms. The layout provides living areas on the main level and bedrooms on the finished lower level. Both units include attached garages and separate utilities, supporting independent day-to-day operations. The property is described as having solid bones with room for cosmetic updates.
The address is 2958 Sorenson Drive in Green Bay, WI 54313. The property is noted to be conveniently located near schools, shopping, parks, and major commuter routes.
For buyers seeking a duplex configuration with independent utilities, the existing bi-level design and attached garages provide a practical, functional setup for either owner-occupancy or investment use.
The address is 2958 Sorenson Drive in Green Bay, WI 54313. The property is noted to be conveniently located near schools, shopping, parks, and major commuter routes.
For buyers seeking a duplex configuration with independent utilities, the existing bi-level design and attached garages provide a practical, functional setup for either owner-occupancy or investment use.
Key Highlights
- Side‑by‑side duplex with two bi‑level units, each offering 3 bedrooms and 2 full bathrooms
- Attached garages for each unit
- Separate utilities for the two units
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 | $42.0k | $13.20 |
| − Vacancy | −$2.3k | −$0.73 |
| EGI | $39.7k | $12.47 |
| − OpEx | −$11.9k | −$3.74 |
| NOI | $27.8k | $8.73 |
3,184 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$397.2K
$347.5K – $463.4K
NOI $27,802 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$370.0K
$323.7K – $431.6K
NOI $25,898 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$742.3K
$649.5K – $866.1K
NOI $51,963 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 54313, WI
39,911
Population
16,162
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
97%
High-School Grad
56.5 sq mi
ZIP Area
706
Density / Sq Mi
$108,410
Median Household Income
$55,255
Median Earnings
$1,088
Median Rent
$294,300
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 features two bi-level units with 3 bedrooms, 2 full baths, attached garages, and separate utilities.
Where is this duplex located?
The property is located at 2958 Sorenson Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two bi‑level units, each offering 3 bedrooms and 2 full bathrooms; Attached garages for each unit; Separate utilities for the two units
