Side-by-Side Duplex with Attached
New
For Sale
$363,900
1654 LINCOLN Avenue, Omro, WI 54963
Each residence has a dedicated laundry room and attached garage, with a backyard patio on the property.
Property Size3,312 SF
Price / SF$109.87
Days on Market7
Property Features for 1654 LINCOLN Avenue
General Information
Standard status
Active
Size
3,312 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$4,648
Amenities
laundry room
backyard
patio
Building Details
Building Size
3,312 SF
Year Built
2002
Buildings
1
Listing Agency:
RE/MAX On The Water
Listed By:
Jack R. Doemel · License #91-936379
(920) 379-6843
Source:
C21ace
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 6 at 12:16AM
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 RE/MAX On The Water
Investment Insights
Based on property information with market context.
Built in 2002, this 3,312-square-foot side-by-side duplex contains two units. Each residence has three bedrooms, two full bathrooms, a large laundry room, and its own attached 2-car garage. The property also includes a backyard and patio area.
Key Highlights
- Two 3‑bedroom, 2‑full‑bath units
- 3,312 square feet; built in 2002
- Each unit includes a large laundry room and attached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,347
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,940
$446.9K
Cap Rate 7%
$319,243
$319.2K
Cap Rate 9%
$248,300
$248.3K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$33.8K $10.20/SF
− Vacancy
−$1.9K −$0.56/SF
EGI
$31.9K $9.64/SF
− OpEx
−$9.6K −$2.89/SF
NOI
$22.3K $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%
$446,940
Cap Rate 7%
$319,243
Cap Rate 9%
$248,300
Alternative Uses
Best Use
Multifamily LT 5
$319.2K
$279.3K – $372.5K
NOI $22,347 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$287.8K
$251.8K – $335.7K
NOI $20,143 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$714.8K
$625.5K – $834.0K
NOI $50,039 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 54963, WI
7,454
Population
3,195
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
95%
High-School Grad
76.1 sq mi
ZIP Area
98
Density / Sq Mi
$76,987
Median Household Income
$43,523
Median Earnings
$926
Median Rent
$218,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a dedicated laundry room and attached garage, with a backyard patio on the property.
Where is this duplex located?
The property is located at 1654 LINCOLN Avenue Omro, WI.
What is the asking price?
The asking price for this property is $363,900.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑full‑bath units; 3,312 square feet; built in 2002; Each unit includes a large laundry room and attached 2‑car garage
