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Duplex Investment Property with Garage

314 VIOLA Avenue Oshkosh, WI 54901

314 VIOLA Avenue, Oshkosh, WI, 54901
$169,900
For Sale
$169,900

MULTI_FAMILY - OSHKOSH, WI

Property Size2,268 SF
Lot Size0.18 Acres
Price / SF$74.91
Days on Market211

Property Features for 314 VIOLA Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Standard status
Active
APN
1514880000
Size
2,268 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3034

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1920
Number of units
2
Building materials
Pressboard
Listing agency LPT Realty
Listed by Alexia J. Tullberg · License #94-96953
Added: Dec 23, 2025 Updated: Jul 21 at 11:06PM Checked: Jul 22 at 6:06PM
MLS# 50319408

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 duplex property is set up as a two-family/duplex configuration with two well-sized units. Each unit includes 2 bedrooms and 1 full bathroom, with functional layouts designed for everyday living. The property is approximately 2,268 square feet total and sits on a 0.18-acre lot. A detached two-car garage is included, adding convenient parking and storage for occupants.

The building is located at 314 Viola Avenue in Oshkosh, Wisconsin 54901, in Winnebago County. The listing notes that both units are currently occupied, with the upper unit on a month-to-month lease.

For investors or owner-occupants seeking a duplex with income-producing residential units already in place, this property offers immediate rental occupancy and clear unit separation. The duplex zoning supports the existing two-family use, and the detached garage provides an additional practical amenity for tenants.

Key Highlights

  • Income‑producing duplex with 2 units, each with 2 bedrooms and 1 full bathroom
  • Both units are currently occupied, with immediate rental income
  • Upper unit is on a month‑to‑month lease

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 $23.1k $10.20
− Vacancy −$1.3k −$0.56
EGI $21.9k $9.64
− OpEx −$6.6k −$2.89
NOI $15.3k $6.75
2,268 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$218.6K
$191.3K – $255.1K (±1% cap)
NOI $15,303 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$197.1K
$172.4K – $229.9K (±1% cap)
NOI $13,794 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$489.5K
$428.3K – $571.1K (±1% cap)
NOI $34,266 @ 7.0% cap · market cap 20.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tiffany DeDeyne Professional Association

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Building Supply Big Box & Wholesale Store Electrical Service Nail Salon Accounting Firm Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-bedroom, one-bath duplex is zoned for duplex use and includes a detached two-car garage.
Where is this duplex located?
The property is located at 314 VIOLA Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Income‑producing duplex with 2 units, each with 2 bedrooms and 1 full bathroom; Both units are currently occupied, with immediate rental income; Upper unit is on a month‑to‑month lease
Contact an agent
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