Duplex with Two-Car
For Sale
$264,900
613 VICTORIA Court, Green Bay, WI 54311
Each residence has two bedrooms, one bathroom, and a private two-car garage; tenants pay their own utilities.
Property Size2,160 SF
Price / SF$122.64
Days on Market39
Property Features for 613 VICTORIA Court
General Information
Standard status
Active
Size
2,160 SF
Total Parking Spaces
4
Property subtype
Duplex
Zoning
varied density residential
Site & Location
Neighborhood
Oak Grove
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,584
Building Details
Building Size
2,160 SF
Year Built
1991
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 11:51AM
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.
Built in 1991, this bi-level duplex contains two residences, each configured with two bedrooms and one bathroom. Both units include a two-car garage. The property totals 2,160 square feet and is categorized as condominiums, with varied-density residential zoning. Tenants pay utilities.
A roof replacement was completed in 2018, and the 613-side unit received a new furnace in 2025. The property is near a bus line and shopping. Three additional properties are offered as optional purchases: 607-609 Victoria Ct, 617-621 Victoria Ct, and 623-625 Victoria Ct.
A roof replacement was completed in 2018, and the 613-side unit received a new furnace in 2025. The property is near a bus line and shopping. Three additional properties are offered as optional purchases: 607-609 Victoria Ct, 617-621 Victoria Ct, and 623-625 Victoria Ct.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 2,160‑square‑foot bi‑level duplex
- Two‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,861
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,220
$377.2K
Cap Rate 7%
$269,443
$269.4K
Cap Rate 9%
$209,567
$209.6K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$28.5K $13.20/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$26.9K $12.47/SF
− OpEx
−$8.1K −$3.74/SF
NOI
$18.9K $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%
$377,220
Cap Rate 7%
$269,443
Cap Rate 9%
$209,567
Alternative Uses
Best Use
Multifamily LT 5
$269.4K
$235.8K – $314.4K
NOI $18,861 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$251.0K
$219.6K – $292.8K
NOI $17,569 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$503.6K
$440.6K – $587.5K
NOI $35,251 @ 7.0% cap · market cap 13.31%
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 two bedrooms, one bathroom, and a private two-car garage; tenants pay their own utilities.
Where is this duplex located?
The property is located at 613 VICTORIA Court Green Bay, WI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 2,160‑square‑foot bi‑level duplex; Two‑car garage for each unit
