Upper/Lower Duplex With
1251 Walnut Street Oshkosh, WI 54901
1251 Walnut Street, Oshkosh, WI, 54901
$215,000
For Sale
$215,000
Well-maintained upper/lower duplex with two full bathrooms, included appliances, and a detached two-car garage.
Property Size1,842 SF
Price / SF$116.72
Days on Market26
Property Features for 1251 Walnut Street
General Information
- Standard status
- Active
- Size
- 1,842 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1927
Listing agency
LPT Realty-Kelly Davies Homes Team
(920) 791-9047
Listed by
Kelly L Davies · License #90-60066
(920) 791-9047
Source
Compass
Added: Jun 26 Updated: Jul 21 at 8:53AM Checked: Jul 21 at 8:53AM
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 LPT Realty-Kelly Davies Homes Team
Investment Insights
Based on property information with market context.
This well-maintained upper/lower duplex offers two rental units with functional bedroom and full-bath layouts. The spacious main level includes 2 bedrooms and 1 full bath, and the upper unit features 1 bedroom and 1 full bath with an updated bathroom. Both units come equipped with a refrigerator and stove, supporting straightforward occupancy for a new owner or tenant.
A detached two-car garage is included, providing additional storage and off-street parking. Showings begin 07/08.
The property is presented as a residential income opportunity, with both units independently configured around bedrooms and full baths and basic kitchen appliances already in place.
A detached two-car garage is included, providing additional storage and off-street parking. Showings begin 07/08.
The property is presented as a residential income opportunity, with both units independently configured around bedrooms and full baths and basic kitchen appliances already in place.
Key Highlights
- Well‑maintained upper/lower duplex built in 1927 with 2 full bathrooms (one per unit).
- Main level includes 2 bedrooms and 1 full bath; upper unit includes 1 bedroom and 1 full bath.
- Each unit includes a refrigerator and stove for added convenience for owners or tenants.
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 | $18.8k | $10.20 |
| − Vacancy | −$1.0k | −$0.56 |
| EGI | $17.8k | $9.64 |
| − OpEx | −$5.3k | −$2.89 |
| NOI | $12.4k | $6.75 |
1,842 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$177.6K
$155.4K – $207.2K
NOI $12,429 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$160.0K
$140.0K – $186.7K
NOI $11,203 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$397.6K
$347.9K – $463.8K
NOI $27,830 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained upper/lower duplex with two full bathrooms, included appliances, and a detached two-car garage.
Where is this duplex located?
The property is located at 1251 Walnut Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Well‑maintained upper/lower duplex built in 1927 with 2 full bathrooms (one per unit).; Main level includes 2 bedrooms and 1 full bath; upper unit includes 1 bedroom and 1 full bath.; Each unit includes a refrigerator and stove for added convenience for owners or tenants.
