Triplex With Detached
For Sale
$389,317
2013 DOTY Street, Oshkosh, WI 54902
Residential units offer varied bedroom layouts, a rear dwelling, and a Single Family zoning designation with a rental permit.
Property Size3,198 SF
Price / SF$121.74
Days on Market56
Property Features for 2013 DOTY Street
General Information
Standard status
Active
Size
3,198 SF
Property subtype
Multi Family
Zoning
Single Fam
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,665
Building Details
Building Size
3,198 SF
Year Built
1912
Buildings
2
Listing Agency:
RE/MAX 24/7 Real Estate, LLC
Listed By:
Carey Maurer-Martin · License #91-701843
(920) 740-6280
Source:
C21ace
Added: Jul 27
Changed: Sep 15
Last Checked: Sep 19 at 10:47AM
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 24/7 Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1912, this 3,198 SF triplex contains three residential units arranged across a side-by-side duplex and a detached rear ADU. The 2013A unit includes 3 bedrooms and 2 full bathrooms, while the 2013 unit provides 2 bedrooms and 1 full bathroom. Both primary units place living spaces on the first floor with bedrooms above. The detached ADU adds 2 bedrooms and 1 full bathroom; its heat source is an open flame furnace.
The property is located at 2013 Doty Street in Oshkosh, Wisconsin. Zoning is Single Family with a rental permit noted in 2017. Individual unit square footage is approximate and should be verified by the buyer.
The property is located at 2013 Doty Street in Oshkosh, Wisconsin. Zoning is Single Family with a rental permit noted in 2017. Individual unit square footage is approximate and should be verified by the buyer.
Key Highlights
- Three residential units on one property
- 2013A unit includes 3 bedrooms and 2 full bathrooms
- 2013 unit offers 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,578
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$431,560
$431.6K
Cap Rate 7%
$308,257
$308.3K
Cap Rate 9%
$239,756
$239.8K
Market Conditions
NOI Build-Up for 3,198 SF
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.
Gross rent
$32.6K $10.20/SF
− Vacancy
−$1.8K −$0.56/SF
EGI
$30.8K $9.64/SF
− OpEx
−$9.2K −$2.89/SF
NOI
$21.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$431,560
Cap Rate 7%
$308,257
Cap Rate 9%
$239,756
Alternative Uses
Best Use
Multifamily LT 5
$308.3K
$269.7K – $359.6K
NOI $21,578 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$277.9K
$243.1K – $324.2K
NOI $19,450 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$690.2K
$604.0K – $805.3K
NOI $48,317 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Residential units offer varied bedroom layouts, a rear dwelling, and a Single Family zoning designation with a rental permit.
Where is this triplex located?
The property is located at 2013 DOTY Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $389,317.
What are key features of this property?
This property features: Three residential units on one property; 2013A unit includes 3 bedrooms and 2 full bathrooms; 2013 unit offers 2 bedrooms and 1 full bathroom
