Two-Unit Duplex with
New
For Sale
$189,900
327 W 16TH Avenue, Oshkosh, WI 54902
Separate two-bedroom apartments offer distinct layouts, with a garage and off-street parking for residents.
Property Size1,744 SF
Price / SF$108.89
Days on Market6
Property Features for 327 W 16TH Avenue
General Information
Standard status
Active
Size
1,744 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,014
Building Details
Building Size
1,744 SF
Year Built
1920
Listing Agency:
Dallaire Realty
Listed By:
Chad A. Durkee · License #91-936940
(920) 369-6164
Source:
C21ace
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 11:18PM
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 Dallaire Realty
Investment Insights
Based on property information with market context.
This 1920 duplex contains two apartments, each arranged with two bedrooms and one bathroom. The lower unit has central AC, updated fixtures and receptacles, and flooring installed in 2024. Its layout includes a spacious living room, double doors to the primary bedroom, and a kitchen with newer appliances from 2024 plus a separate dining area. The upper apartment features hardwood floors in the living room and bedrooms, and both units received fresh paint in 2024.
A one-stall garage and parking for at least four cars serve the property. The building is located close to downtown in Oshkosh.
A one-stall garage and parking for at least four cars serve the property. The building is located close to downtown in Oshkosh.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Lower unit has central AC and flooring updated in 2024
- Newer kitchen appliances in the lower unit date to 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,767
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,340
$235.3K
Cap Rate 7%
$168,100
$168.1K
Cap Rate 9%
$130,744
$130.7K
Market Conditions
NOI Build-Up for 1,744 SF
Gross rent
$17.8K $10.20/SF
− Vacancy
−$978 −$0.56/SF
EGI
$16.8K $9.64/SF
− OpEx
−$5.0K −$2.89/SF
NOI
$11.8K $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%
$235,340
Cap Rate 7%
$168,100
Cap Rate 9%
$130,744
Alternative Uses
Best Use
Multifamily LT 5
$168.1K
$147.1K – $196.1K
NOI $11,767 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$151.5K
$132.6K – $176.8K
NOI $10,607 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$376.4K
$329.4K – $439.2K
NOI $26,349 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate two-bedroom apartments offer distinct layouts, with a garage and off-street parking for residents.
Where is this duplex located?
The property is located at 327 W 16TH Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Lower unit has central AC and flooring updated in 2024; Newer kitchen appliances in the lower unit date to 2024
