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Two-Unit Duplex with Garage

314 VIOLA Avenue, Oshkosh, WI 54901

For Sale
$164,900

Residential Income, OSHKOSH, WI

Property Size2,268 SF
Lot Size0.18 Acres
Price / SF$72.71
Days on Market324

Property Features for 314 VIOLA Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Elementary school district Oshkosh Area
Middle school district Oshkosh Area
High school district Oshkosh Area
Directions Hwy 41, turn south on Jackson, Jackson to Viola Ave. East on Viola to property.
Standard status Active
APN 1514880000
Size 2,268 SF
Lot size 0.18 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3034

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Pressboard
Listing Agency: LPT Realty
Listed By: Alexia J. Tullberg
Added: Dec 23, 2025 Changed: Nov 8 Last Checked: Nov 11 at 7:06AM
MLS# 50319408

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,268-square-foot duplex, built in 1920, contains two residential units with matching layouts of two bedrooms and one full bathroom. The property includes a detached two-car garage, pressboard construction, forced-air heating, public water, and public sewer. It sits on a 0.18-acre lot and is zoned 2 Family/Duplex.

Located at 314 Viola Avenue in Oshkosh, the property offers an occupied configuration with current rental use. The upper residence is leased month to month, while both units are presently occupied. The two-unit format and separate garage provide a straightforward residential income property setup.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 full bathroom
  • Both units currently occupied
  • Upper unit leased month to month

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

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

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
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Market

Average Price Trend$/SF for Duplexes in Oshkosh, WI

$120 Jul
$109 Aug
$112 Sep
$111 Oct

Properties on Market for Duplexes in Oshkosh

Jul
Aug
Sep
Oct

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 are occupied, with the upper unit offered on a month-to-month lease.
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: Two residential units, each with 2 bedrooms and 1 full bathroom; Both units currently occupied; Upper unit leased month to month
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