Upper/Lower
302 W LINCOLN Avenue Oshkosh, WI 54901
302 W LINCOLN Avenue, Oshkosh, WI, 54901
$169,000
For Sale
$169,000
Upper/lower duplex featuring a 3-bedroom unit below and a 1-bedroom unit above.
Property Size1,482 SF
Price / SF$114.04
Days on Market48
Property Features for 302 W LINCOLN Avenue
General Information
- Standard status
- Active
- Size
- 1,482 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1920
Listing agency
RE/MAX On The Water
(920) 379-6843
Listed by
Jack R. Doemel · License #9041911
Source
C21ace
Added: Jun 4 Updated: Jul 20 at 2:33AM Checked: Jul 21 at 6:17AM
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.
This upper/lower duplex offers two separate living units with distinct bedroom counts. The lower unit features three bedrooms along with a spacious living room, a dedicated dining room, and a functional kitchen. The upper unit is an efficient one-bedroom layout with a generously sized living room and kitchen.
The property is located at 302 W Lincoln Avenue in Oshkosh, Wisconsin.
For practical use, the configuration supports occupancy of one unit while the other remains available to generate rental income, with both units designed for day-to-day living.
The property is located at 302 W Lincoln Avenue in Oshkosh, Wisconsin.
For practical use, the configuration supports occupancy of one unit while the other remains available to generate rental income, with both units designed for day-to-day living.
Key Highlights
- Upper/lower duplex with a 3‑bedroom unit on the lower level and a 1‑bedroom unit on the upper level
- Lower unit layout includes a spacious living room, dedicated dining room, and functional kitchen
- Upper unit features an efficient 1‑bedroom layout with a generously sized living room and kitchen
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 | $15.1k | $10.20 |
| − Vacancy | −$831 | −$0.56 |
| EGI | $14.3k | $9.64 |
| − OpEx | −$4.3k | −$2.89 |
| NOI | $10.0k | $6.75 |
1,482 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$142.8K
$125.0K – $166.7K
NOI $9,999 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$128.8K
$112.7K – $150.2K
NOI $9,013 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$319.9K
$279.9K – $373.2K
NOI $22,391 @ 7.0% cap · market cap 13.25%
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 - Upper/lower duplex featuring a 3-bedroom unit below and a 1-bedroom unit above.
Where is this duplex located?
The property is located at 302 W LINCOLN Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Upper/lower duplex with a 3‑bedroom unit on the lower level and a 1‑bedroom unit on the upper level; Lower unit layout includes a spacious living room, dedicated dining room, and functional kitchen; Upper unit features an efficient 1‑bedroom layout with a generously sized living room and kitchen
