Ranch Duplex with Two
3641 EAST RIVER Drive Green Bay, WI 54301
3641 EAST RIVER Drive, Green Bay, WI, 54301
$275,000
For Sale
$275,000
Ranch duplex with two 2BR/1BA units, each with patio access and a 1-stall garage.
Property Size1,606 SF
Price / SF$171.23
Days on Market9
Property Features for 3641 EAST RIVER Drive
General Information
- Standard status
- Active
- Size
- 1,606 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1978
Listing agency
Dallaire Realty
(920) 569-0827
Listed by
Michael D. Wasilkoff
Source
C21ace
Added: Jul 14 Updated: Jul 21 at 8:12AM Checked: Jul 22 at 5:17AM
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 Dallaire Realty
Investment Insights
Based on property information with market context.
This ranch duplex features two separate 2BR/1BA units on a spacious lot. Each unit includes a kitchen with an included range and refrigerator, as well as a pantry. Dinette areas open to a fenced patio, with sliding door access in one unit and walkout door access in the other; the unit with walkout access also includes a bonus second patio. The bathroom is centrally located between both bedrooms in each unit. Additional features include lower-level laundry hookups and ample storage. One unit’s trim is partially complete.
The property is located near Kiwanis Park, Wiese Park, and the East River Trail.
Each unit includes its own 1-stall garage.
The property is located near Kiwanis Park, Wiese Park, and the East River Trail.
Each unit includes its own 1-stall garage.
Key Highlights
- Ranch duplex built in 1978 with two 2BR/1BA units on a spacious lot
- Each unit includes a 1‑stall garage and patio access off the dinette via sliding/walkout doors
- Two 2BR/1BA units total 803 sqft per unit, with each unit’s bathroom central to both bedrooms
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
NOI $14,023 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$186.6K
$163.3K – $217.7K
NOI $13,063 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$374.4K
$327.6K – $436.8K
NOI $26,210 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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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: Ranch duplex built in 1978 with two 2BR/1BA units on a spacious lot; Each unit includes a 1‑stall garage and patio access off the dinette via sliding/walkout doors; Two 2BR/1BA units total 803 sqft per unit, with each unit’s bathroom central to both bedrooms
