Fully Rented Duplex
614 North Baird Street Green Bay, WI 54302
614 North Baird Street, Green Bay, WI, 54302
$199,900
For Sale
$199,900
Upper and lower units are both leased in a duplex with a newly added deck.
Property Size1,463 SF
Price / SF$136.64
Days on Market422
Property Features for 614 North Baird Street
General Information
- Standard status
- Active
- Size
- 1,463 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1888
Listing agency
Renard Realty
(920) 606-4436
Listed by
Shane Renard · License #90-57962
(920) 606-4436
Source
Compass
Added: May 26, 2025 Updated: Jul 21 at 12:19AM Checked: Jul 21 at 12:19AM
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 Renard Realty
Investment Insights
Based on property information with market context.
This fully rented duplex includes an upper and lower unit, with both sides currently leased. The property features a brand-new deck for the upper unit, and it is positioned as a turn-key investment from day one with rental income already in place.
The duplex is located at 614 North Baird Street in Green Bay, Wisconsin. Public remarks note convenience to schools, shopping, and downtown Green Bay.
Recent updates are referenced in the remarks, supporting that improvements may already be in place. A showing is available by request.
The duplex is located at 614 North Baird Street in Green Bay, Wisconsin. Public remarks note convenience to schools, shopping, and downtown Green Bay.
Recent updates are referenced in the remarks, supporting that improvements may already be in place. A showing is available by request.
Key Highlights
- Fully rented upper/lower duplex with both units leased at 614 N. Baird St
- Newly added deck for the upper unit
- Interior includes forced‑air natural gas heating with 2 furnaces
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 | $19.3k | $13.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $18.2k | $12.47 |
| − OpEx | −$5.5k | −$3.74 |
| NOI | $12.8k | $8.73 |
1,463 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$182.5K
$159.7K – $212.9K
NOI $12,775 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$170.0K
$148.8K – $198.3K
NOI $11,900 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$341.1K
$298.5K – $397.9K
NOI $23,876 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Upper and lower units are both leased in a duplex with a newly added deck.
Where is this duplex located?
The property is located at 614 North Baird Street Green Bay, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Fully rented upper/lower duplex with both units leased at 614 N. Baird St; Newly added deck for the upper unit; Interior includes forced‑air natural gas heating with 2 furnaces
