Duplex With Two Separate
144 East Ontario Street Omro, WI 54963
144 East Ontario Street, Omro, WI, 54963
$149,900
For Sale
$149,900
Duplex for sale featuring two separate units and being sold as-is in need of repairs and updates.
Property Size1,972 SF
Price / SF$76.01
Days on Market42
Property Features for 144 East Ontario Street
General Information
- Standard status
- Active
- Size
- 1,972 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1890
Listing agency
First Weber Oshkosh
(920) 850-3768
Listed by
Amy M Smith · License #94-88174
(920) 850-3768
Source
Compass
Added: Jun 11 Updated: Jul 21 at 1:07PM Checked: Jul 21 at 1:07PM
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 First Weber Oshkosh
Investment Insights
Based on property information with market context.
This duplex offers two separate units and an owner/occupant or investor opportunity with value-add potential. The property requires some repairs and updates, and it is being sold as-is, allowing buyers to renovate or improve according to their plans.
The property is located at 144 East Ontario Street in Omro, Wisconsin. With two units on one property, it provides flexibility for rental income or an owner-occupied setup while updates are completed.
Because the home is sold as-is and needs improvements, buyers should plan for renovation and repair work to bring the property to their desired condition.
The property is located at 144 East Ontario Street in Omro, Wisconsin. With two units on one property, it provides flexibility for rental income or an owner-occupied setup while updates are completed.
Because the home is sold as-is and needs improvements, buyers should plan for renovation and repair work to bring the property to their desired condition.
Key Highlights
- Duplex built in 1890 with two separate units
- Sold as‑is, in need of repairs and updates
- Forced‑air heating with natural gas fuel; 1 furnace
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 | $20.1k | $10.20 |
| − Vacancy | −$1.1k | −$0.56 |
| EGI | $19.0k | $9.64 |
| − OpEx | −$5.7k | −$2.89 |
| NOI | $13.3k | $6.75 |
1,972 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$190.1K
$166.3K – $221.8K
NOI $13,306 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$171.3K
$149.9K – $199.9K
NOI $11,994 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$425.6K
$372.4K – $496.6K
NOI $29,794 @ 7.0% cap · market cap 19.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex for sale featuring two separate units and being sold as-is in need of repairs and updates.
Where is this duplex located?
The property is located at 144 East Ontario Street Omro, WI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Duplex built in 1890 with two separate units; Sold as‑is, in need of repairs and updates; Forced‑air heating with natural gas fuel; 1 furnace
