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Ranch Duplex with Patios

3641 EAST RIVER Drive Green Bay, WI 54301

New
3641 EAST RIVER Drive, Green Bay, WI, 54301
$275,000
For Sale
Claim this Listing
$275,000

MULTI_FAMILY - GREEN BAY, WI

Property Size1,606 SF
Lot Size0.31 Acres
Price / SF$171.23
AddedJul 14
Days on Market2
Last RefreshJul 15 at 5:06 pm

Property Features for 3641 EAST RIVER Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
2 Family/Duplex,Resident
Parking
2
Standard status
Active
APN
AL-1211-A-9
Size
1,606 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3854

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1978
Number of units
2
Building materials
Vinyl Siding

Listing agent Michael D. Wasilkoff

Listing office Dallaire Realty 1830 W Mason St, Suite 10, Green Bay, WI

Listing date Jul 14, 2026

MLS# 50329165 Listing URL

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 ranch duplex includes two 2BR/1BA units on a spacious lot. Each unit offers a kitchen with an included range, refrigerator, and pantry, along with a dinette area with a sliding door leading to a fenced patio and additional greenspace beyond. Unit 3643 also features a bonus second patio. Bathrooms are centrally located to serve both bedrooms, and the lower level includes laundry hookups plus substantial storage. One unit, 3641, has trim that is partially complete.

The property is located near Kiwanis Park, Wiese Park, and the East River Trail, providing an outdoor-oriented setting.

The duplex is configured as two separate 2BR/1BA residences and includes one 1-stall garage for the property.

Key Highlights

  • 4BR/2BR ranch duplex with two 2BR/1BA 803 SF units
  • Central Air and Forced Air heating; Year built 1978
  • Each unit has a dinette with sliding door to a fenced patio and access to greenspace

Local 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 $21.2k $13.20
− Vacancy −$1.2k −$0.73
EGI $20.0k $12.47
− OpEx −$6.0k −$3.74
NOI $14.0k $8.73
1,606 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$200.3K
$175.3K – $233.7K (±1% cap)
NOI $14,023 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$186.6K
$163.3K – $217.7K (±1% cap)
NOI $13,063 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$374.4K
$327.6K – $436.8K (±1% cap)
NOI $26,210 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Building Supply Hair Salon Nail Salon Auto Repair Shop Pharmacy Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Ranch duplex with two 2BR/1BA units, each with patio access and a 1-stall garage.
Where is this duplex located?
The property is located at 3641 EAST RIVER Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4BR/2BR ranch duplex with two 2BR/1BA 803 SF units; Central Air and Forced Air heating; Year built 1978; Each unit has a dinette with sliding door to a fenced patio and access to greenspace
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