Three-Unit Multifamily
For Sale
$389,317
2013 DOTY Street, Oshkosh, WI 54902
Residential Income, OSHKOSH, WI
Property Size3,198 SF
Lot Size0.34 Acres
Price / SF$121.74
Days on Market49
Property Features for 2013 DOTY Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Other-See Remarks,Reside
Parking
2
Lot features
Sidewalk
Elementary school district
Oshkosh Area
Middle school district
Oshkosh Area
High school district
Oshkosh Area
Directions
From South Jackson St. to (W) on 19th Ave., to (S) on Doty St.
Standard status
Active
APN
1400700000
Size
3,198 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5665
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Year built
1912
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
RE/MAX 24/7 Real Estate, LLC · RE/MAX International
(920) 734-0247
Listed By:
Carey Maurer-Martin · License #9055783
(920) 740-6280
Added: Jul 27
Changed: Sep 11
Last Checked: Sep 13 at 1:06PM
MLS# 50329811
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 3,198-square-foot multifamily property includes two side-by-side units within the main structure and a detached accessory dwelling unit at the rear. The 2013A unit has three bedrooms and two full bathrooms, while 2013 provides two bedrooms and one full bathroom. Both primary units place living areas on the first floor with bedrooms upstairs. The ADU adds two bedrooms and one full bathroom. The property was built in 1912, features vinyl siding, and is served by public water and public sewer. Heating includes hot water, while the ADU has an open flame furnace.
Located at 2013 Doty Street in Oshkosh, Wisconsin, the property occupies a 0.34-acre lot. A rental permit was noted in 2017, and the configuration supports separate residential occupancy across the three units.
Located at 2013 Doty Street in Oshkosh, Wisconsin, the property occupies a 0.34-acre lot. A rental permit was noted in 2017, and the configuration supports separate residential occupancy across the three units.
Key Highlights
- Three residential units on a 0.34‑acre property
- 3,198 square feet with a side‑by‑side duplex and detached rear ADU
- 2013A: 3 bedrooms and 2 full bathrooms
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
$19,450
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
5.00%
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%
$389,000
$389.0K
Cap Rate 7%
$277,857
$277.9K
Cap Rate 9%
$216,111
$216.1K
Market Conditions
NOI Build-Up for 3,198 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
$37.2K $11.64/SF
− Vacancy
−$1.9K −$0.58/SF
EGI
$35.4K $11.06/SF
− OpEx
−$15.9K −$4.98/SF
NOI
$19.4K $6.08/SF
Area
Winnebago County, WI
Vacancy
5.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
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%
$389,000
Cap Rate 7%
$277,857
Cap Rate 9%
$216,111
Alternative Uses
Best Use
Apartment 5plus
$277.9K
$243.1K – $324.2K
NOI $19,450 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$690.2K
$604.0K – $805.3K
NOI $48,317 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three residential units include a side-by-side duplex configuration and a detached rear ADU.
Where is this multifamily property located?
The property is located at 2013 DOTY Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $389,317.
What are key features of this property?
This property features: Three residential units on a 0.34‑acre property; 3,198 square feet with a side‑by‑side duplex and detached rear ADU; 2013A: 3 bedrooms and 2 full bathrooms
