Two-Family Home with Attached
New
For Sale
$179,900
718 S Oakland Ave, Green Bay, WI 54304
A remodeled upper apartment pairs with a lower unit requiring renovation, with garage and driveway parking on site.
Property Size1,230 SF
Price / SF$146.26
Days on Market3
Property Features for 718 S Oakland Ave
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
The first floor electrical system isn't completely operational.
Site & Location
Neighborhood
Tank Park
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1900
Tenancy
Multi
Listed By:
Tiffany Holtz | Coldwell Banker
(920) 574-4422
Source:
Tiffanyholtz
Added: Oct 30
Last Checked: Nov 1 at 5:51AM
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 Tiffany Holtz | Coldwell Banker
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Investment Insights
Based on property information with market context.
Built in 1900, this 1,230-square-foot, story-and-a-half duplex contains two residential units. The upper apartment has one bedroom and one bathroom and was remodeled; the lower apartment needs renovation. An attached oversized garage provides parking for one car, with additional driveway parking. A crawl space is present, and the garage offers storage. The first-floor electrical system is not fully operational.
Heating units were installed in the upper unit in 2021 and the lower unit in 2019. The upper unit’s refrigerator and stove date to 2018, while the lower unit’s refrigerator was replaced in 2025. Exterior updates include siding, gutters, and soffits from 2005; the roof dates to 2001. The lower tenant has received notice to vacate by the end of November, and the upper tenant is month to month. Tenants pay utilities and handle lawn care and snow removal.
Heating units were installed in the upper unit in 2021 and the lower unit in 2019. The upper unit’s refrigerator and stove date to 2018, while the lower unit’s refrigerator was replaced in 2025. Exterior updates include siding, gutters, and soffits from 2005; the roof dates to 2001. The lower tenant has received notice to vacate by the end of November, and the upper tenant is month to month. Tenants pay utilities and handle lawn care and snow removal.
Key Highlights
- Two‑unit, story‑and‑a‑half property built in 1900
- 1,230 square feet of building area
- Remodeled upper unit with one bedroom and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,740
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,800
$214.8K
Cap Rate 7%
$153,429
$153.4K
Cap Rate 9%
$119,333
$119.3K
Market Conditions
NOI Build-Up for 1,230 SF
Gross rent
$16.2K $13.20/SF
− Vacancy
−$893 −$0.73/SF
EGI
$15.3K $12.47/SF
− OpEx
−$4.6K −$3.74/SF
NOI
$10.7K $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%
$214,800
Cap Rate 7%
$153,429
Cap Rate 9%
$119,333
Alternative Uses
Best Use
Multifamily LT 5
$153.4K
$134.3K – $179.0K
NOI $10,740 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$142.9K
$125.1K – $166.8K
NOI $10,005 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$286.8K
$250.9K – $334.6K
NOI $20,074 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
589
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
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - A remodeled upper apartment pairs with a lower unit requiring renovation, with garage and driveway parking on site.
Where is this duplex located?
The property is located at 718 S Oakland Ave Green Bay, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑unit, story‑and‑a‑half property built in 1900; 1,230 square feet of building area; Remodeled upper unit with one bedroom and one bathroom
