Side-by-Side Duplex with
For Sale
$368,000
336 WINTERGREEN Drive, Omro, WI 54963
Multi-level duplex with distinct living areas, storage, and attached garages for both residences.
Property Size2,611 SF
Price / SF$140.94
Days on Market304
Property Features for 336 WINTERGREEN Drive
General Information
Standard status
Active
Size
2,611 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,415
Building Details
Building Size
2,611 SF
Year Built
1996
Buildings
1
Listing Agency:
RE/MAX On The Water
Listed By:
Jack R. Doemel · License #91-936379
(920) 379-6843
Source:
C21ace
Added: Nov 20, 2025
Changed: Sep 9
Last Checked: Sep 19 at 11:18AM
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 side-by-side duplex offers a multi-level configuration across 2,611 square feet, with separate residences and attached two-car garages. The layout provides defined living, dining, and sleeping areas, along with storage throughout. Electric baseboard heat serves the property, which was built in 1996.
The two units provide a varied configuration for occupancy needs. The residence at 336 Wintergreen Drive includes two bedrooms, one bathroom, and a two-car garage. The adjoining unit at 338 Wintergreen Drive features four bedrooms, two full bathrooms, and its own attached two-car garage. The property is located in Omro, Wisconsin.
The two units provide a varied configuration for occupancy needs. The residence at 336 Wintergreen Drive includes two bedrooms, one bathroom, and a two-car garage. The adjoining unit at 338 Wintergreen Drive features four bedrooms, two full bathrooms, and its own attached two-car garage. The property is located in Omro, Wisconsin.
Key Highlights
- Side‑by‑side duplex built in 1996
- 2,611 square feet of property size
- Unit 336: 2 bedrooms, 1 bath, and 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,617
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,340
$352.3K
Cap Rate 7%
$251,671
$251.7K
Cap Rate 9%
$195,744
$195.7K
Market Conditions
NOI Build-Up for 2,611 SF
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.
Gross rent
$26.6K $10.20/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$25.2K $9.64/SF
− OpEx
−$7.6K −$2.89/SF
NOI
$17.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,340
Cap Rate 7%
$251,671
Cap Rate 9%
$195,744
Alternative Uses
Best Use
Multifamily LT 5
$251.7K
$220.2K – $293.6K
NOI $17,617 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$226.9K
$198.5K – $264.7K
NOI $15,880 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$563.5K
$493.1K – $657.5K
NOI $39,448 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 54963, WI
7,454
Population
3,195
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
95%
High-School Grad
76.1 sq mi
ZIP Area
98
Density / Sq Mi
$76,987
Median Household Income
$43,523
Median Earnings
$926
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Multi-level duplex with distinct living areas, storage, and attached garages for both residences.
Where is this duplex located?
The property is located at 336 WINTERGREEN Drive Omro, WI.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1996; 2,611 square feet of property size; Unit 336: 2 bedrooms, 1 bath, and 2‑car garage
