Side-by-Side
708 S GREENWOOD Avenue, Green Bay, WI 54304
For Sale
New
$324,500
Residential Income, GREEN BAY, WI
Property Size1,900 SF
Lot Size0.16 Acres
Price / SF$170.79
Days on Market3
Property Features for 708 S GREENWOOD Avenue
General Information
Property type
Property subtype
Zoning
Lot features
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Listing Agency:
GoJimmer Real Estate
Listed By:
Jimmer Greguske · License WI #9056727
(920) 660-1846
Added: Nov 12
Changed: Nov 14
Last Checked: Nov 14 at 3:06AM
MLS# 50335701
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.
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains 1,900 square feet across two residences, each with one bedroom and one bathroom. Interior spaces include a formal dining area, a larger front living room, and an upper-level loft with a walk-in closet. The 1915 building has stucco exterior construction and forced-air heating. Improvements include upgraded electrical panels, newer windows, and newer porches; the left unit also has a new furnace and water heater.
The property occupies a 0.16-acre lot on a cul-de-sac. Public water and sewer serve the site, and gas, electric, and water are separately metered for the two sides. Residential zoning is in place.
The property occupies a 0.16-acre lot on a cul-de-sac. Public water and sewer serve the site, and gas, electric, and water are separately metered for the two sides. Residential zoning is in place.
Key Highlights
- Two side‑by‑side residences, each with 1 bedroom and 1 bathroom
- 1,900‑square‑foot building on a 0.16‑acre lot
- Separate gas, electric, and water meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,590
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,800
$331.8K
Cap Rate 7%
$237,000
$237.0K
Cap Rate 9%
$184,333
$184.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$25.1K $13.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$23.7K $12.47/SF
− OpEx
−$7.1K −$3.74/SF
NOI
$16.6K $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%
$331,800
Cap Rate 7%
$237,000
Cap Rate 9%
$184,333
Alternative Uses
Best Use
Multifamily LT 5
$237.0K
$207.4K – $276.5K
NOI $16,590 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$220.8K
$193.2K – $257.6K
NOI $15,454 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$443.0K
$387.6K – $516.8K
NOI $31,008 @ 7.0% cap · market cap 9.56%
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
481
Businesses Nearby
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Business Placement
Demographics for 54304, WI
27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Green Bay, WI
Properties on Market for Duplexes in Green Bay
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have one bedroom and one bathroom, with separate gas, electric, and water meters.
Where is this duplex located?
The property is located at 708 S GREENWOOD Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 1 bedroom and 1 bathroom; 1,900‑square‑foot building on a 0.16‑acre lot; Separate gas, electric, and water meters
