Two-Story Duplex with
For Sale
$274,900
800 11th Avenue, Green Bay, WI 54304
Two-story duplex with separate driveways, detached garage, basement storage, and a vinyl exterior requiring minimal upkeep.
Property Size1,912 SF
Price / SF$143.78
Days on Market134
Property Features for 800 11th Avenue
General Information
Standard status
Active
Size
1,912 SF
Property subtype
Multifamily / Duplex (2 Unit)
Zoning
Residential
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,151
Amenities
Radiant
2
Natural Gas
1
Full,Sump Pump
For Unit
Block
2 Story,2 Up and Down
Vinyl Siding
1st Floor Bedroom,1st Floor Full Bath
Building Details
Year Built
1935
Buildings
1
Listing Agency:
Resource One Realty, LLC
(920) 425-8866
Listed By:
Kimberly M Burton · License #94-59403
(920) 425-8866
Source:
Compass
Added: Apr 21
Changed: Aug 31
Last Checked: Aug 30 at 12:13PM
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 Resource One Realty, LLC
Investment Insights
Based on property information with market context.
This 1,912-square-foot duplex was built in 1935 and is arranged as two units across two levels. The upper apartment is currently vacant and includes a clawfoot tub and maple kitchen cabinetry. The first-floor residence features a bedroom and full bathroom on the main level. Both units are supported by a basement with an epoxy-coated floor and sump pump.
The property has vinyl siding, a one-stall detached garage, and two separate driveways for off-street parking. The main-floor unit controls the property’s heat, gas, and electric utilities. Residential zoning and the existing two-family layout support continued use as a duplex.
The property has vinyl siding, a one-stall detached garage, and two separate driveways for off-street parking. The main-floor unit controls the property’s heat, gas, and electric utilities. Residential zoning and the existing two-family layout support continued use as a duplex.
Key Highlights
- Two‑family layout with 1,912 SF of building area
- Upper unit is currently vacant and includes a clawfoot tub and maple kitchen cabinets
- Basement has an epoxy floor and sump pump
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,695
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,900
$333.9K
Cap Rate 7%
$238,500
$238.5K
Cap Rate 9%
$185,500
$185.5K
Market Conditions
NOI Build-Up for 1,912 SF
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.
Gross rent
$25.2K $13.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$23.9K $12.47/SF
− OpEx
−$7.2K −$3.74/SF
NOI
$16.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,900
Cap Rate 7%
$238,500
Cap Rate 9%
$185,500
Alternative Uses
Best Use
Multifamily LT 5
$238.5K
$208.7K – $278.3K
NOI $16,695 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$222.2K
$194.4K – $259.2K
NOI $15,552 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K
NOI $31,204 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex with separate driveways, detached garage, basement storage, and a vinyl exterior requiring minimal upkeep.
Where is this duplex located?
The property is located at 800 11th Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑family layout with 1,912 SF of building area; Upper unit is currently vacant and includes a clawfoot tub and maple kitchen cabinets; Basement has an epoxy floor and sump pump
