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Spacious Duplex with Detached Garage

1119 Wisconsin Street Oshkosh, WI 54901

1119 Wisconsin Street, Oshkosh, WI, 54901
$270,000
For Sale
$270,000

Two-unit duplex with included kitchen appliances, original hardwood details, and a large detached 2.5-car garage with off-street parking.

Property Size3,160 SF
Price / SF$85.44
Days on Market153

Property Features for 1119 Wisconsin Street

General Information

Standard status
Active
Size
3,160 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1920
Listing agency Expert Real Estate Partners, LLC
Listed by Kevin M Stein · License #94-81251
Source Compass
Added: Feb 19 Updated: Jul 21 at 12:28AM Checked: Jul 21 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Expert Real Estate Partners, LLC


Investment Insights

Based on property information with market context.

This spacious duplex includes two large units, each with five bedrooms and two full bathrooms. Original hardwood floors and woodwork run throughout, and kitchen appliances are included. The property also benefits from separate utilities for water, gas, and electric, helping simplify management for each unit.

The duplex is located near UW Oshkosh and downtown, and it sits directly across from East Hall Park. Exterior features include slate siding, a large 2.5-car detached garage, and off-street parking for up to five additional vehicles.

Each unit is laid out as a full, multi-bedroom residence with two full bathrooms, making the property well-suited for tenants who want more room within a duplex configuration.

Key Highlights

  • 1920‑built 2‑story duplex (2 side‑by‑side units) with 5 bedrooms and 2 full bathrooms in each unit
  • Original hardwood floors and woodwork throughout, plus a full lower level
  • Forced‑air natural gas heating with 2 furnaces and separate utilities including 2 water heaters

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 $32.2k $10.20
− Vacancy −$1.8k −$0.56
EGI $30.5k $9.64
− OpEx −$9.1k −$2.89
NOI $21.3k $6.75
3,160 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$304.6K
$266.5K – $355.4K (±1% cap)
NOI $21,321 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$274.6K
$240.2K – $320.3K (±1% cap)
NOI $19,219 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$682.0K
$596.8K – $795.7K (±1% cap)
NOI $47,743 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Indoor Air Care HVAC Service

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office Electrical Service Bakery Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Two-unit duplex with included kitchen appliances, original hardwood details, and a large detached 2.5-car garage with off-street parking.
Where is this duplex located?
The property is located at 1119 Wisconsin Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1920‑built 2‑story duplex (2 side‑by‑side units) with 5 bedrooms and 2 full bathrooms in each unit; Original hardwood floors and woodwork throughout, plus a full lower level; Forced‑air natural gas heating with 2 furnaces and separate utilities including 2 water heaters
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