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Duplex with Fenced Yard
For Sale
$171,900

828 MATHER Street, Green Bay, WI 54303

Residential Income, GREEN BAY, WI

Property Size1,747 SF
Lot Size0.18 Acres
Price / SF$98.40
Days on Market224

Property Features for 828 MATHER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Parking 2
Lot features Sidewalk
Elementary school district Green Bay Area
Middle school district Green Bay Area
High school district Green Bay Area
Directions From Shawano Ave, head south on N Oneida St. Turn west onto Mather St; 828 Mather St is on the right near the end of the block.
Standard status Active
APN 5-182
Size 1,747 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 7,871 SQ FT CROCKER & HENDERSONS 1ST AD D LOT 14 & W 1/2 OF LOT 15 BLK 2
Tax Annual Amount 1572
Legal Description 7,871 SQ FT CROCKER & HENDERSONS 1ST AD D LOT 14 & W 1/2 OF LOT 15 BLK 2

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

fenced-in backyard
garage
off-alley parking
first-floor laundry
tiled shower
bonus kitchen

Building Details

Year built 1928
Number of units 2
Building materials Vinyl Siding
Listing Agency: Keller Williams Green Bay · Keller Williams Realty
Listed By: Breanna C. Johnson
Added: Mar 10 Changed: Oct 18 Last Checked: Oct 19 at 9:06AM
MLS# 50322143

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.

Built in 1928, this 1,747-square-foot duplex contains two one-bedroom, one-bath units. The main-floor residence includes first-floor laundry and a tiled shower, while the upper unit has a bonus kitchen and electric heat. The lower level also offers a bonus room with room to finish a full bath.

The 0.18-acre property includes a fenced backyard, a 1.5-stall garage, and additional parking accessed from the alley. Vinyl siding, forced-air heating, public water, and public sewer serve the building. Residential zoning supports the existing duplex configuration in Green Bay, Wisconsin.

Key Highlights

  • Two‑unit duplex with 1,747 square feet of building area
  • Each unit has 1 bedroom and 1 bathroom
  • Main level includes first‑floor laundry and a tiled shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,254
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,080 $305.1K
Cap Rate 7%
$217,914 $217.9K
Cap Rate 9%
$169,489 $169.5K
Market Conditions
NOI Build-Up for 1,747 SF
Gross rent
$23.1K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$21.8K $12.47/SF
− OpEx
−$6.5K −$3.74/SF
NOI
$15.3K $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%
$305,080
Cap Rate 7%
$217,914
Cap Rate 9%
$169,489

Alternative Uses

Best Use
Multifamily LT 5
$217.9K
$190.7K – $254.2K (±1% cap)
NOI $15,254 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$203.0K
$177.6K – $236.8K (±1% cap)
NOI $14,210 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$407.3K
$356.4K – $475.2K (±1% cap)
NOI $28,511 @ 7.0% cap · market cap 16.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Nail Salon Electrical Service Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 54303, WI

27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with separate living spaces, a garage, alley parking, and a lower-level room for additional finishing.
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 $171,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,747 square feet of building area; Each unit has 1 bedroom and 1 bathroom; Main level includes first‑floor laundry and a tiled shower
More about this property
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