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Duplex with Separate Utilities
New
For Sale
$189,900

1108 CHERRY Street, Oshkosh, WI 54901

Residential Income, OSHKOSH, WI

Property Size1,620 SF
Lot Size0.11 Acres
Price / SF$117.22
Days on Market5

Property Features for 1108 CHERRY Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Elementary school district Oshkosh Area
Middle school district Oshkosh Area
High school district Oshkosh Area
Directions Wisconsin St to West on Prospect to corner of Cherry St & Prospect.
Standard status Active
APN 0501970000
Size 1,620 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3053

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Vinyl Siding
Listing Agency: Expert Real Estate Partners, LLC
Listed By: Alexander R. Bork
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 6 at 7:06PM
MLS# 50333715

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 contains two units within 1,620 square feet. The upper unit has 3–4 bedrooms, and the lower unit has 2 bedrooms; the lower residence is currently rented. Separate utility metering serves the property, which was built in 1920 and has vinyl siding and forced-air heat.

The 0.11-acre property is at 1108 Cherry Street in Oshkosh, Wisconsin. Public water and public sewer serve the site, and zoning is designated 2 Family/Duplex.

Key Highlights

  • Two‑unit layout: upper residence has 3–4 bedrooms; lower residence has 2 bedrooms
  • Lower unit is currently rented
  • All utilities are separately metered

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,931
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,620 $218.6K
Cap Rate 7%
$156,157 $156.2K
Cap Rate 9%
$121,456 $121.5K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$16.5K $10.20/SF
− Vacancy
−$909 −$0.56/SF
EGI
$15.6K $9.64/SF
− OpEx
−$4.7K −$2.89/SF
NOI
$10.9K $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%
$218,620
Cap Rate 7%
$156,157
Cap Rate 9%
$121,456

Alternative Uses

Best Use
Multifamily LT 5
$156.2K
$136.6K – $182.2K (±1% cap)
NOI $10,931 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$140.8K
$123.2K – $164.2K (±1% cap)
NOI $9,853 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$349.7K
$306.0K – $407.9K (±1% cap)
NOI $24,476 @ 7.0% cap · market cap 12.89%
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 Electrical Service Parking Lot & Garage Bakery Locksmith Auto Parts 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

504
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 - A rented lower residence provides current rental income, while the upper unit offers a larger bedroom configuration.
Where is this duplex located?
The property is located at 1108 CHERRY Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑unit layout: upper residence has 3–4 bedrooms; lower residence has 2 bedrooms; Lower unit is currently rented; All utilities are separately metered
More about this property
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