Upper-Lower Duplex
855 Elmore Street Green Bay, WI 54303
New
855 Elmore Street, Green Bay, WI, 54303
$259,900
For Sale
$259,900
Upper/lower duplex features private entrances, shared basement laundry, and a 2-stall garage with added off-street parking.
Property Size2,342 SF
Price / SF$110.97
Days on Market3
Property Features for 855 Elmore Street
General Information
- Standard status
- Active
- Size
- 2,342 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1900
Listing Agency
Resource One Realty, LLC
(920) 366-2981
Listed by
Laurie A Martinez · License #90-60263
(920) 366-2981
Source
Compass
Added: Jul 15 Checked: Jul 17 at 3:37 am
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 fully rented upper/lower duplex is configured as two separate units with private entrances. The main floor unit includes a large enclosed front porch, while the upper unit has a front balcony. A shared coin-operated washer and dryer are located in the basement.
The property sits on a deep lot and includes a 2-stall garage with one stall assigned to each unit. A long driveway provides additional off-street parking. The home is located near downtown Green Bay, as well as schools, parks, shopping, and restaurants.
Per the seller, tenants pay most utilities. Some interior images were taken prior to the current tenants moving in.
The property sits on a deep lot and includes a 2-stall garage with one stall assigned to each unit. A long driveway provides additional off-street parking. The home is located near downtown Green Bay, as well as schools, parks, shopping, and restaurants.
Per the seller, tenants pay most utilities. Some interior images were taken prior to the current tenants moving in.
Key Highlights
- Fully rented upper/lower duplex currently generating $2,500/month in rental income.
- Each unit has a private entrance, with main floor featuring a large enclosed front porch and upper unit offering a front balcony.
- Shared coin‑operated washer and dryer in the basement.
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 | $30.9k | $13.20 |
| − Vacancy | −$1.7k | −$0.73 |
| EGI | $29.2k | $12.47 |
| − OpEx | −$8.8k | −$3.74 |
| NOI | $20.4k | $8.73 |
2,342 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.1K
$255.6K – $340.8K
NOI $20,450 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$272.1K
$238.1K – $317.5K
NOI $19,049 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$546.0K
$477.8K – $637.0K
NOI $38,221 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Upper/lower duplex features private entrances, shared basement laundry, and a 2-stall garage with added off-street parking.
Where is this duplex located?
The property is located at 855 Elmore Street Green Bay, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Fully rented upper/lower duplex currently generating $2,500/month in rental income.; Each unit has a private entrance, with main floor featuring a large enclosed front porch and upper unit offering a front balcony.; Shared coin‑operated washer and dryer in the basement.
