Upper/Lower Duplex with Detached
For Sale
$225,000
Pending
417 NORTHERN Avenue, Green Bay, WI 54303
Upper and lower units each offer two bedrooms and one bath with separate entrances and laundry access.
Property Size1,450 SF
Days on Market43
Property Features for 417 NORTHERN Avenue
General Information
Standard status
Pending
Size
1,450 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Business Included
No
Multifamily Units
2
Building Details
Building Size
1,450 SF
Year Built
1919
Tenancy
Multi
Listing Agency:
Todd Wiese Homeselling System, Inc.
(920) 639-0373
Listed By:
Alex C. Roup · License #91835838
Source:
C21ace
Added: Jun 22
Changed: Jul 28
Last Checked: Aug 2 at 12:02PM
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 Todd Wiese Homeselling System, Inc.
Investment Insights
Based on property information with market context.
This upper/lower duplex features two units, each with two bedrooms and one bath, along with appliance-equipped kitchens and living rooms. The property provides interior and exterior entry access for the upper level, which could support conversion to a single-family configuration. Laundry areas are available for each unit, with the main level laundry located in the full lower level. Updates mentioned include a newer roof, a front porch update, new carpet in both units, some new appliances, and a new detached garage.
There is a two-car detached garage with one stall assigned for each unit. The property is located about two blocks from Fisk Park and West High School, and minutes to Lambeau Field and the Titletown district for year-round activities.
Each unit includes its own living and kitchen space, with functional laundry access and separate entry options for day-to-day privacy.
There is a two-car detached garage with one stall assigned for each unit. The property is located about two blocks from Fisk Park and West High School, and minutes to Lambeau Field and the Titletown district for year-round activities.
Each unit includes its own living and kitchen space, with functional laundry access and separate entry options for day-to-day privacy.
Key Highlights
- Upper/lower duplex built in 1919 with 2 bedrooms and 1 bath in each unit
- Separate entrances for the upper and lower units, plus interior/exterior access for potential conversion to a single‑family home
- Each unit includes an applianced kitchen and living room, with laundry areas for each unit
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 | $19.1k | $13.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $18.1k | $12.47 |
| − OpEx | −$5.4k | −$3.74 |
| NOI | $12.7k | $8.73 |
1,450 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$180.9K
$158.3K – $211.0K
NOI $12,661 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$168.5K
$147.4K – $196.6K
NOI $11,794 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$338.1K
$295.8K – $394.4K
NOI $23,664 @ 7.0% cap · market cap 10.52%
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
217
Businesses Nearby
Explore this area
Business Placement
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
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 - Upper and lower units each offer two bedrooms and one bath with separate entrances and laundry access.
Where is this duplex located?
The property is located at 417 NORTHERN Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Upper/lower duplex built in 1919 with 2 bedrooms and 1 bath in each unit; Separate entrances for the upper and lower units, plus interior/exterior access for potential conversion to a single‑family home; Each unit includes an applianced kitchen and living room, with laundry areas for each unit
