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Duplex with Attached Garage
New
For Sale
$289,900

285 WINTERGREEN Drive, Omro, WI 54963

Both residences offer two bedrooms, a full bath, in-unit laundry hookups, and open living areas.

Property Size1,940 SF
Price / SF$149.43
Days on Market6

Property Features for 285 WINTERGREEN Drive

General Information

Standard status Active
Size 1,940 SF
Total Parking Spaces 1
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,946

Amenities

upper deck
laundry hook-ups

Building Details

Building Size 1,940 SF
Year Built 1999
Buildings 1
Listing Agency: Coaction Real Estate, LLC
Listed By: Tami K. Sankey · License #91-950116
Source: C21ace
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 11:18AM

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 Coaction Real Estate, LLC

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Investment Insights

Based on property information with market context.

This side-by-side duplex contains two 2-bedroom, 1-bath residences, each with an open-concept living area, laundry hookups, and generously sized bedrooms. An attached, extra-deep one-car garage serves the property. The roof was replaced on the entire building, and the structure dates to 1999.

The upper unit’s lease runs through the end of October and may then be available for owner occupancy. The lower unit is occupied on a month-to-month basis.

Key Highlights

  • Two side‑by‑side units, each with 2 bedrooms and 1 full bath
  • 1,940‑square‑foot duplex built in 1999
  • Laundry hookups and open‑concept living space in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,090
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,800 $261.8K
Cap Rate 7%
$187,000 $187.0K
Cap Rate 9%
$145,444 $145.4K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$19.8K $10.20/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$18.7K $9.64/SF
− OpEx
−$5.6K −$2.89/SF
NOI
$13.1K $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%
$261,800
Cap Rate 7%
$187,000
Cap Rate 9%
$145,444

Alternative Uses

Best Use
Multifamily LT 5
$187.0K
$163.6K – $218.2K (±1% cap)
NOI $13,090 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$168.6K
$147.5K – $196.7K (±1% cap)
NOI $11,799 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$418.7K
$366.4K – $488.5K (±1% cap)
NOI $29,310 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, a full bath, in-unit laundry hookups, and open living areas.
Where is this duplex located?
The property is located at 285 WINTERGREEN Drive Omro, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 full bath; 1,940‑square‑foot duplex built in 1999; Laundry hookups and open‑concept living space in both units
More about this property
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