Updated Duplex with
For Sale
$389,900
522 KELLY JO Drive, Green Bay, WI 54303
Two residential units feature refreshed systems, private patios, unfinished basement space, and tenant occupancy.
Property Size4,352 SF
Price / SF$89.59
Days on Market13
Property Features for 522 KELLY JO Drive
General Information
Standard status
Active
Size
4,352 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,745
Amenities
central air
partially fenced-in yards
concrete patio
Building Details
Building Size
4,352 SF
Year Built
1985
Buildings
1
Listing Agency:
Mark D Olejniczak Realty, Inc.
(920) 660-0477
Listed By:
Kathryn M. Hammer · License #91-25538
(920) 660-0477
Source:
C21ace
Added: Jul 25
Changed: Aug 4
Last Checked: Aug 5 at 4:20AM
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 Mark D Olejniczak Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1985, this 4,352-square-foot duplex contains two-bedroom, one-and-a-half-bath units with attached 2-car garages. Each side includes a kitchen with appliances, a dinette, pantry storage, patio doors, and a concrete patio. Full-wall closets serve both the primary and additional bedrooms.
Property updates include the roofs, furnaces, central air systems, windows, and garage doors. An unfinished basement offers additional interior space for future use. The property is tenant occupied, and showings require a minimum of 24-hour notice. The address is 522 KELLY JO Drive in Green Bay, Wisconsin.
Property updates include the roofs, furnaces, central air systems, windows, and garage doors. An unfinished basement offers additional interior space for future use. The property is tenant occupied, and showings require a minimum of 24-hour notice. The address is 522 KELLY JO Drive in Green Bay, Wisconsin.
Key Highlights
- 4,352 SF duplex built in 1985
- Two units, each with 2 bedrooms and 1 1/2 baths
- Attached 2‑car garages
Financial Insights For Apartment 5plus
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 | $67.9k | $15.60 |
| − Vacancy | −$3.5k | −$0.81 |
| EGI | $64.4k | $14.79 |
| − OpEx | −$29.0k | −$6.65 |
| NOI | $35.4k | $8.13 |
4,352 SF · lease $15.60/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$542.9K
$475.0K – $633.4K
NOI $38,001 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$505.7K
$442.5K – $590.0K
NOI $35,398 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$1.01M
$887.8K – $1.18M
NOI $71,025 @ 7.0% cap · market cap 18.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
390
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 - Two residential units feature refreshed systems, private patios, unfinished basement space, and tenant occupancy.
Where is this duplex located?
The property is located at 522 KELLY JO Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 4,352 SF duplex built in 1985; Two units, each with 2 bedrooms and 1 1/2 baths; Attached 2‑car garages
