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2-Unit Duplex with Garages
New
For Sale
$549,900
Pending

350 Tony Ln, Green Bay, WI 54303

Both residences are fully occupied and include two levels of living space with private patios.

Property Size2,952 SF
Days on Market7

Property Features for 350 Tony Ln

General Information

Standard status Pending
Size 2,952 SF
Property subtype Multi-Family

Building Details

Year Built 2001
Listed By: Tiffany Holtz | Coldwell Banker
Source: Tiffanyholtz
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 5 at 5:55PM

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 Tiffany Holtz | Coldwell Banker

Investment Insights

Based on property information with market context.

Built in 2001, this 2,952-square-foot duplex contains two residences, each with an open living, dining, and kitchen area, a full bathroom and laundry on the first floor, and three bedrooms plus another full bathroom upstairs. Each unit also has an attached two-stall garage, a lower level with storage space, and a patio. The roof was replaced in 2021, and both units are fully occupied.

The property is near schools, shopping, and everyday amenities.

Key Highlights

  • Two fully occupied units in a 2,952‑square‑foot duplex
  • Each unit has three bedrooms and two full bathrooms
  • Open living, dining, and kitchen area in each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,776
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,520 $515.5K
Cap Rate 7%
$368,229 $368.2K
Cap Rate 9%
$286,400 $286.4K
Market Conditions
NOI Build-Up for 2,952 SF
Gross rent
$39.0K $13.20/SF
− Vacancy
−$2.1K −$0.73/SF
EGI
$36.8K $12.47/SF
− OpEx
−$11.0K −$3.74/SF
NOI
$25.8K $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%
$515,520
Cap Rate 7%
$368,229
Cap Rate 9%
$286,400

Alternative Uses

Best Use
Multifamily LT 5
$368.2K
$322.2K – $429.6K (±1% cap)
NOI $25,776 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$343.0K
$300.1K – $400.2K (±1% cap)
NOI $24,011 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$688.2K
$602.2K – $803.0K (±1% cap)
NOI $48,177 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are fully occupied and include two levels of living space with private patios.
Where is this duplex located?
The property is located at 350 Tony Ln Green Bay, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two fully occupied units in a 2,952‑square‑foot duplex; Each unit has three bedrooms and two full bathrooms; Open living, dining, and kitchen area in each residence
More about this property
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