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Brick Duplex With Attached Garage
For Sale
$235,000

303 E PARKWAY Avenue, Oshkosh, WI 54901

A private upper-level unit above the garage is separated from the main residence by its own staircase.

Property Size2,156 SF
Price / SF$108
Days on Market63

Property Features for 303 E PARKWAY Avenue

General Information

Standard status Active
Size 2,156 SF
Total Parking Spaces 2
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,857

Building Details

Building Size 2,156 SF
Year Built 1929
Buildings 1
Construction brick American Four Square
Listing Agency: First Weber Oshkosh
Listed By: Erin M. Madel · License #91-21716
Source: C21ace
Added: Aug 5 Changed: Sep 29 Last Checked: Oct 6 at 12:46AM

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 1929 brick duplex combines a primary residence with a distinct secondary unit positioned over the attached two-car garage. The main home offers 2,156 square feet, a generously sized kitchen equipped with a new KitchenAid appliance suite, a split staircase, and a primary bedroom. Three additional bedrooms and a full bathroom are located upstairs, while the principal living level is arranged for everyday use and entertaining. Architectural elements associated with the American Four Square style and Italianate influence add definition to the interior and exterior.

The upper unit has a separate stairway connection and can function as guest space, extended household quarters, or a rental unit, as described for the property. Located at 303 E Parkway Avenue in Oshkosh, Wisconsin, the property provides a residential duplex configuration with an attached garage and two distinct living areas.

Key Highlights

  • Brick duplex built in 1929
  • 2,156 square feet with two distinct living areas
  • Private unit located above the attached 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,547
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,940 $290.9K
Cap Rate 7%
$207,814 $207.8K
Cap Rate 9%
$161,633 $161.6K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$22.0K $10.20/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$20.8K $9.64/SF
− OpEx
−$6.2K −$2.89/SF
NOI
$14.5K $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%
$290,940
Cap Rate 7%
$207,814
Cap Rate 9%
$161,633

Alternative Uses

Best Use
Multifamily LT 5
$207.8K
$181.8K – $242.5K (±1% cap)
NOI $14,547 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$187.3K
$163.9K – $218.6K (±1% cap)
NOI $13,113 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$465.3K
$407.2K – $542.9K (±1% cap)
NOI $32,574 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Home Appliance Store (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,239
Businesses Nearby

Demographics for 54901, WI

37,594
Population
15,381
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
92%
High-School Grad
16.6 sq mi
ZIP Area
2,265
Density / Sq Mi
$61,734
Median Household Income
$31,289
Median Earnings
$932
Median Rent
$164,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - A private upper-level unit above the garage is separated from the main residence by its own staircase.
Where is this duplex located?
The property is located at 303 E PARKWAY Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Brick duplex built in 1929; 2,156 square feet with two distinct living areas; Private unit located above the attached 2‑car garage
More about this property
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