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Duplex with Fenced Yard

828 Mather Street Green Bay, WI 54303

828 Mather Street, Green Bay, WI, 54303
$179,900
For Sale
$179,900

Two-unit duplex features fenced backyard, 1.5-stall garage, and in-unit laundry on the main level.

Property Size1,747 SF
Price / SF$102.98
Days on Market330

Property Features for 828 Mather Street

General Information

Standard status
Active
Size
1,747 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1928
Listing agency Keller Williams Green Bay
Listed by Breanna C Johnson · License #94-92531
Source Compass
Added: Aug 27, 2025 Updated: Jul 21 at 12:16AM Checked: Jul 21 at 6:35AM

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 Keller Williams Green Bay


Investment Insights

Based on property information with market context.

This duplex offers two separate 1-bedroom, 1-bath units. The main-level unit includes convenient first-floor laundry and a tiled shower. The upper unit has electric heat and features a bonus kitchen.

Outside, the property includes a fenced-in backyard along with a 1.5-stall garage and extra parking off the alley.

The lower level includes a bonus room with space to finish a full bath, providing additional opportunity within the existing layout.

Key Highlights

  • 2‑unit duplex built in 1928 with 1‑bedroom, 1‑bath layouts on both the main and upper levels
  • Main‑level unit includes first‑floor bedroom and first‑floor laundry, plus a tiled shower
  • Upper unit has a bonus kitchen and electric heat

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 $23.1k $13.20
− Vacancy −$1.3k −$0.73
EGI $21.8k $12.47
− OpEx −$6.5k −$3.74
NOI $15.3k $8.73
1,747 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$217.9K
$190.7K – $254.2K (±1% cap)
NOI $15,254 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$203.0K
$177.6K – $236.8K (±1% cap)
NOI $14,210 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$407.3K
$356.4K – $475.2K (±1% cap)
NOI $28,511 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Spa & Massage Center Nail Salon Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Hair Salon Carpet & Flooring Store Locksmith Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex features fenced backyard, 1.5-stall garage, and in-unit laundry on the main level.
Where is this duplex located?
The property is located at 828 Mather Street 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: 2‑unit duplex built in 1928 with 1‑bedroom, 1‑bath layouts on both the main and upper levels; Main‑level unit includes first‑floor bedroom and first‑floor laundry, plus a tiled shower; Upper unit has a bonus kitchen and electric heat
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