521 12th Avenue Green Bay, WI 54303
521 12th Avenue, Green Bay, WI, 54303
$189,900
For Sale
$189,900
Duplexes
Property Size1,519 SF
Price / SF$125.02
Days on Market42
Property Features for 521 12th Avenue
General Information
- Standard status
- Active
- Size
- 1,519 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1903
Listing agency
Keller Williams Green Bay
(920) 632-7702
Listed by
Alex J Young · License #90-59159
(920) 632-7702
Source
Compass
Added: Jun 11 Updated: Jul 21 at 10:52AM Checked: Jul 22 at 9:32AM
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 Keller Williams Green Bay
Investment Insights
Based on property information with market context.
Key Highlights
- West Green Bay duplex built in 1903 with 1.5‑story layout (two units: main and upstairs)
- Main floor unit has 2 bedrooms and 1 bathroom
- Upstairs unit has 1 bedroom and 1 bathroom
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 | $20.1k | $13.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $18.9k | $12.47 |
| − OpEx | −$5.7k | −$3.74 |
| NOI | $13.3k | $8.73 |
1,519 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$189.5K
$165.8K – $221.1K
NOI $13,264 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$176.5K
$154.4K – $205.9K
NOI $12,355 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$354.1K
$309.9K – $413.2K
NOI $24,790 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
Where is this duplex located?
The property is located at 521 12th Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: West Green Bay duplex built in 1903 with 1.5‑story layout (two units: main and upstairs); Main floor unit has 2 bedrooms and 1 bathroom; Upstairs unit has 1 bedroom and 1 bathroom
