Duplex with Studio
New
For Sale
$268,000
504 ELMORE Street, Green Bay, WI 54303
Two separate living spaces include a two-bedroom lower unit and an upper-level studio with a porch.
Property Size1,549 SF
Price / SF$173.01
Days on Market7
Property Features for 504 ELMORE Street
General Information
Standard status
Active
Size
1,549 SF
Property subtype
Duplex
Site & Location
Neighborhood
Fort Howard
Units
Unit Mix
1 x 2BR/1BA, 1 x studio
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,346
Building Details
Building Size
1,549 SF
Year Built
1920
Listing Agency:
Platinum Real Estate
Listed By:
Jen Kuo · License #91-937911
(920) 737-9778
Source:
C21ace
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 2:01PM
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 Platinum Real Estate
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Investment Insights
Based on property information with market context.
This 1,549-square-foot duplex, built in 1920, has a two-bedroom, one-bathroom lower apartment with a sunroom and an upper-level studio with a porch. The exterior includes updated garage siding and a new roof.
The property is in downtown Green Bay’s On Broadway District.
The property is in downtown Green Bay’s On Broadway District.
Key Highlights
- Two‑unit property with a two‑bedroom lower apartment and an upper‑level studio
- Lower unit includes one bathroom and a sunroom
- Upper studio has a porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,526
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,520
$270.5K
Cap Rate 7%
$193,229
$193.2K
Cap Rate 9%
$150,289
$150.3K
Market Conditions
NOI Build-Up for 1,549 SF
Gross rent
$20.4K $13.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$19.3K $12.47/SF
− OpEx
−$5.8K −$3.74/SF
NOI
$13.5K $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%
$270,520
Cap Rate 7%
$193,229
Cap Rate 9%
$150,289
Alternative Uses
Best Use
Multifamily LT 5
$193.2K
$169.1K – $225.4K
NOI $13,526 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$180.0K
$157.5K – $210.0K
NOI $12,599 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$361.1K
$316.0K – $421.3K
NOI $25,280 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,060
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces include a two-bedroom lower unit and an upper-level studio with a porch.
Where is this duplex located?
The property is located at 504 ELMORE Street Green Bay, WI.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: Two‑unit property with a two‑bedroom lower apartment and an upper‑level studio; Lower unit includes one bathroom and a sunroom; Upper studio has a porch
