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Income Duplex with Detached Garage
For Sale
$164,900

314 VIOLA Avenue, Oshkosh, WI 54901

Two occupied duplex units, each with 2 bedrooms and 1 full bath, plus a detached two-car garage.

Property Size2,268 SF
Price / SF$72.71
Days on Market304

Property Features for 314 VIOLA Avenue

General Information

Standard status Active
Size 2,268 SF
Total Parking Spaces 2
Property subtype Duplex
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,034

Building Details

Building Size 2,268 SF
Year Built 1920
Tenancy Multi
Listing Agency: LPT Realty
Listed By: Alexia J. Tullberg · License #91950137
Source: C21ace
Added: Dec 23, 2025 Changed: Oct 11 Last Checked: Oct 21 at 7:14AM

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 LPT Realty

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Investment Insights

Based on property information with market context.

This income-producing duplex features two well-sized residential units, each offering 2 bedrooms and 1 full bathroom with functional, practical layouts. Both units are currently occupied, providing in-place rental status. The upper unit is on a month-to-month lease.

The property includes a detached two-car garage, adding on-site parking and convenience for tenants.

For sale as a residential income asset, this duplex is positioned for buyers seeking a two-unit rental property with an included detached garage and current occupancy.

Key Highlights

  • Income‑producing duplex built in 1920 on the north side of Oshkosh
  • Two occupied units, each with 2 bedrooms and 1 full bathroom
  • Upper unit is on a month‑to‑month lease

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,794
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,880 $275.9K
Cap Rate 7%
$197,057 $197.1K
Cap Rate 9%
$153,267 $153.3K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$26.4K $11.64/SF
− Vacancy
−$1.3K −$0.58/SF
EGI
$25.1K $11.06/SF
− OpEx
−$11.3K −$4.98/SF
NOI
$13.8K $6.08/SF
Area
Winnebago County, WI
Vacancy
5.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,880
Cap Rate 7%
$197,057
Cap Rate 9%
$153,267

Alternative Uses

Best Use
Multifamily LT 5
$218.6K
$191.3K – $255.1K (±1% cap)
NOI $15,303 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$197.1K
$172.4K – $229.9K (±1% cap)
NOI $13,794 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$489.5K
$428.3K – $571.1K (±1% cap)
NOI $34,266 @ 7.0% cap · market cap 20.78%
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
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

391
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

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied duplex units, each with 2 bedrooms and 1 full bath, plus a detached two-car garage.
Where is this duplex located?
The property is located at 314 VIOLA Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Income‑producing duplex built in 1920 on the north side of Oshkosh; Two occupied units, each with 2 bedrooms and 1 full bathroom; Upper unit is on a month‑to‑month lease
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