Updated Duplex with Detached
For Sale
$194,900
1213 GRAND Street, Oshkosh, WI 54901
Residential Income, OSHKOSH, WI
Property Size1,452 SF
Lot Size0.18 Acres
Price / SF$134.23
Days on Market24
Property Features for 1213 GRAND Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Lot features
Sidewalk
Elementary school district
Oshkosh Area
Middle school district
Oshkosh Area
High school district
Oshkosh Area
Directions
New York Avenue to Grand Street. North to address.
Standard status
Active
APN
15-06970000
Size
1,452 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 5 & S 5 FT OF LOT 6 BLK 11 EXC S 5 FT OF LOT 6 LYG N OF LOTS 3 & 4 BLK 11 PLEASANT HOME LAND CO 1ST ADDN
Tax Annual Amount
2373
Legal Description
LOT 5 & S 5 FT OF LOT 6 BLK 11 EXC S 5 FT OF LOT 6 LYG N OF LOTS 3 & 4 BLK 11 PLEASANT HOME LAND CO 1ST ADDN
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
large side yard
Building Details
Year built
1920
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Coldwell Banker Real Estate Group
(920) 993-7007
Listed By:
Tiffany L. Holtz · License #916849
(920) 415-0472
Added: Aug 7
Changed: Aug 29
Last Checked: Aug 30 at 3:06AM
MLS# 50330590
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.
Investment Insights
Based on property information with market context.
This fully occupied duplex contains 1,452 square feet across two residential units. The main-floor residence includes a remodeled bathroom along with additional updates, while both units are described as well maintained. A detached two-car garage and large side yard provide on-site parking and outdoor space. The property has vinyl siding, forced-air heating, public water, and public sewer.
Built in 1920, the property occupies 0.18 acres in Oshkosh, Wisconsin, and is zoned 2 Family/Duplex. Existing tenant occupancy provides an established rental configuration for an owner seeking a residential income property.
Built in 1920, the property occupies 0.18 acres in Oshkosh, Wisconsin, and is zoned 2 Family/Duplex. Existing tenant occupancy provides an established rental configuration for an owner seeking a residential income property.
Key Highlights
- Fully occupied duplex with two residential units
- 1,452 square feet on a 0.18‑acre lot
- Detached 2‑car garage with on‑site parking
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
$9,797
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
5.03%
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%
$195,940
$195.9K
Cap Rate 7%
$139,957
$140.0K
Cap Rate 9%
$108,856
$108.9K
Market Conditions
NOI Build-Up for 1,452 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
$14.8K $10.20/SF
− Vacancy
−$815 −$0.56/SF
EGI
$14.0K $9.64/SF
− OpEx
−$4.2K −$2.89/SF
NOI
$9.8K $6.75/SF
Area
Winnebago County, WI
Vacancy
5.50%
Lease Rate
$10.20 /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%
$195,940
Cap Rate 7%
$139,957
Cap Rate 9%
$108,856
Alternative Uses
Best Use
Multifamily LT 5
$140.0K
$122.5K – $163.3K
NOI $9,797 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$126.2K
$110.4K – $147.2K
NOI $8,831 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$313.4K
$274.2K – $365.6K
NOI $21,938 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 54901, WI
37,594
Population
15,381
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
92%
High-School Grad
16.6 sq mi
ZIP Area
2,265
Density / Sq Mi
$61,734
Median Household Income
$31,289
Median Earnings
$932
Median Rent
$164,000
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 - Fully occupied property with updated interiors, a large side yard, and detached garage parking.
Where is this duplex located?
The property is located at 1213 GRAND Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Fully occupied duplex with two residential units; 1,452 square feet on a 0.18‑acre lot; Detached 2‑car garage with on‑site parking
