Side-by-Side Ranch
For Sale
$284,900
607 VICTORIA Court, Green Bay, WI 54311
Each residence has a two-bedroom, one-bath layout and its own garage.
Property Size2,288 SF
Price / SF$124.52
Days on Market39
Property Features for 607 VICTORIA Court
General Information
Standard status
Active
Size
2,288 SF
Total Parking Spaces
4
Property subtype
Duplex
Zoning
varied density residential
Site & Location
Neighborhood
Oak Grove
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,168
Building Details
Building Size
2,288 SF
Year Built
1992
Construction
ranch
Listing Agency:
Shorewest, Realtors
Listed By:
Craig A. Francois · License #91-936003
(920) 593-4105
Source:
C21ace
Added: Sep 24
Changed: Oct 31
Last Checked: Nov 1 at 2:14PM
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 Shorewest, Realtors
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Investment Insights
Based on property information with market context.
This side-by-side ranch duplex has two-bedroom, one-bath units, each with a two-car garage. The roof was replaced in 2021, as was the furnace serving the 607 side. Tenants pay their utilities. The property is zoned varied density residential and categorized as condominiums.
The property is near a bus line and shopping.
The property is near a bus line and shopping.
Key Highlights
- Two side‑by‑side ranch units, each with 2 bedrooms and 1 bath
- Each unit has a 2 car garage
- Roof replaced in 2021; furnace on the 607 side replaced in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,978
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,560
$399.6K
Cap Rate 7%
$285,400
$285.4K
Cap Rate 9%
$221,978
$222.0K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$30.2K $13.20/SF
− Vacancy
−$1.7K −$0.73/SF
EGI
$28.5K $12.47/SF
− OpEx
−$8.6K −$3.74/SF
NOI
$20.0K $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%
$399,560
Cap Rate 7%
$285,400
Cap Rate 9%
$221,978
Alternative Uses
Best Use
Multifamily LT 5
$285.4K
$249.7K – $333.0K
NOI $19,978 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$265.9K
$232.6K – $310.2K
NOI $18,610 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$533.4K
$466.8K – $622.3K
NOI $37,340 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
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Business Placement
Demographics for 54311, WI
37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a two-bedroom, one-bath layout and its own garage.
Where is this duplex located?
The property is located at 607 VICTORIA Court Green Bay, WI.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Two side‑by‑side ranch units, each with 2 bedrooms and 1 bath; Each unit has a 2 car garage; Roof replaced in 2021; furnace on the 607 side replaced in 2021
