Bi-Level Duplex with
For Sale
$259,900
623 VICTORIA Court, Green Bay, WI 54311
Residential Income, GREEN BAY, WI
Property Size2,160 SF
Lot Size0.14 Acres
Price / SF$120.32
Days on Market13
Property Features for 623 VICTORIA Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Elementary school district
Green Bay Area
Middle school district
Green Bay Area
High school district
Green Bay Area
Directions
East Mason to Heyrman to Mason Way to right on Victoria to property
Standard status
Active
APN
21-8289 & 21-8290
Size
2,160 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3543
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1991
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Shorewest, Realtors
(920) 593-4100
Listed By:
Craig A. Francois · License #91936003
(920) 593-4105
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 6 at 3:06PM
MLS# 50333320
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,160-square-foot bi-level duplex was built in 1991 and sits on a 0.14-acre lot. Each residence has two bedrooms, one bathroom, and a two-car garage. Vinyl siding, forced-air heat, public water, and public sewer serve the property. The roof was replaced in 2020, and tenants pay their own utilities.
The property is near a bus line and shopping. It is zoned varied density residential, and an option is available to purchase three additional properties.
The property is near a bus line and shopping. It is zoned varied density residential, and an option is available to purchase three additional properties.
Key Highlights
- Two‑unit bi‑level property totaling 2,160 square feet
- Each residence has 2 bedrooms, 1 bath, and a 2‑car garage
- 0.14‑acre lot; built in 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,861
Cap Rate
7.26%
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 7.26%
Second Best
Apartment 5plus
$251.0K
$219.6K – $292.8K
NOI $17,569 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$503.6K
$440.6K – $587.5K
NOI $35,251 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, one bath, and garage parking.
Where is this duplex located?
The property is located at 623 VICTORIA Court Green Bay, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑unit bi‑level property totaling 2,160 square feet; Each residence has 2 bedrooms, 1 bath, and a 2‑car garage; 0.14‑acre lot; built in 1991
