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Two-Unit Duplex
New
For Sale
$155,000

813 CHERRY Street, Oshkosh, WI 54901

Residential Income, OSHKOSH, WI

Property Size1,864 SF
Lot Size0.09 Acres
Price / SF$83.15
Days on Market5

Property Features for 813 CHERRY Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Recreational
Elementary school district Oshkosh Area
Middle school district Oshkosh Area
High school district Oshkosh Area
Directions S Cherry St Property on right
Standard status Active
APN 0504740000
Size 1,864 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2149

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Shake Siding
Listing Agency: Beiser Realty, LLC
Listed By: Troy Peppler · License #91701101
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 6 at 9:06PM
MLS# 50333662

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 1,864-square-foot duplex is arranged as upper and lower one-bedroom residences. Each unit has its own living area, kitchen and bathroom. The lower residence has new LVP flooring and fresh paint. Shake siding, forced-air heat and a 1920 construction date round out the building details.

The property occupies a 0.09-acre lot at 813 Cherry Street in Oshkosh. Public water and public sewer serve the property, and zoning is Recreational.

Key Highlights

  • Two one‑bedroom units in an upper‑and‑lower duplex
  • 1,864 square feet on a 0.09‑acre lot
  • Lower unit updated with new LVP flooring and fresh paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,577
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,540 $251.5K
Cap Rate 7%
$179,671 $179.7K
Cap Rate 9%
$139,744 $139.7K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$19.0K $10.20/SF
− Vacancy
−$1.0K −$0.56/SF
EGI
$18.0K $9.64/SF
− OpEx
−$5.4K −$2.89/SF
NOI
$12.6K $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 Rate 5%
$251,540
Cap Rate 7%
$179,671
Cap Rate 9%
$139,744

Alternative Uses

Best Use
Multifamily LT 5
$179.7K
$157.2K – $209.6K (±1% cap)
NOI $12,577 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$162.0K
$141.7K – $189.0K (±1% cap)
NOI $11,337 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$402.3K
$352.0K – $469.4K (±1% cap)
NOI $28,162 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon Pharmacy HVAC Service Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

988
Businesses Nearby

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
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 - Upper and lower residences each include a private bedroom, living area, kitchen and bath.
Where is this duplex located?
The property is located at 813 CHERRY Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two one‑bedroom units in an upper‑and‑lower duplex; 1,864 square feet on a 0.09‑acre lot; Lower unit updated with new LVP flooring and fresh paint
More about this property
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