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Side-by-Side Duplex with Basements
For Sale
$325,000

956 LANGLADE Avenue, Green Bay, WI 54304

Two-unit residential property with separate utilities, private storage, and individual basement areas.

Property Size2,232 SF
Price / SF$145.61
Days on Market26

Property Features for 956 LANGLADE Avenue

General Information

Standard status Active
Size 2,232 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $4,074

Amenities

laundry hookups
storage units
central A/C
backyard

Building Details

Building Size 2,232 SF
Year Built 1983
Listing Agency: Redfin Corporation
Listed By: Eric Hegwer · License #91-937538
Source: C21ace
Added: Sep 11 Changed: Sep 22 Last Checked: Oct 6 at 12:08AM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

Built in 1983, this 2,232-square-foot side-by-side duplex at 956 Langlade Ave features a matching layout on each side. Both units offer two bedrooms, one full bathroom, a living room, and an eat-in kitchen. Separate basements provide laundry hookups and additional storage, while each unit also has its own exterior storage area.

Central A/C serves the property, and separate gas and electric meters support independent utility management. The building includes a spacious backyard and is located in Green Bay near Lambeau Field, parks, local amenities, and highway access.

Key Highlights

  • 2,232‑square‑foot side‑by‑side duplex
  • Each unit includes 2 bedrooms and 1 full bath
  • Separate basements with laundry hookups and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,489
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,780 $389.8K
Cap Rate 7%
$278,414 $278.4K
Cap Rate 9%
$216,544 $216.5K
Market Conditions
NOI Build-Up for 2,232 SF
Gross rent
$29.5K $13.20/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$27.8K $12.47/SF
− OpEx
−$8.4K −$3.74/SF
NOI
$19.5K $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%
$389,780
Cap Rate 7%
$278,414
Cap Rate 9%
$216,544

Alternative Uses

Best Use
Multifamily LT 5
$278.4K
$243.6K – $324.8K (±1% cap)
NOI $19,489 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$259.4K
$226.9K – $302.6K (±1% cap)
NOI $18,155 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$520.4K
$455.3K – $607.1K (±1% cap)
NOI $36,426 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Nail Salon Hair Salon Electrical Service HVAC Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with separate utilities, private storage, and individual basement areas.
Where is this duplex located?
The property is located at 956 LANGLADE Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,232‑square‑foot side‑by‑side duplex; Each unit includes 2 bedrooms and 1 full bath; Separate basements with laundry hookups and storage
More about this property
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