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Duplex with Two Leased Units
New
For Sale
$205,000

347 W 14TH Avenue, Oshkosh, WI 54902

Residential Income, OSHKOSH, WI

Property Size2,158 SF
Lot Size0.17 Acres
Price / SF$94
Days on Market2

Property Features for 347 W 14TH Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Parking 1
Lot features Sidewalk
Elementary school district Oshkosh Area
Middle school district Oshkosh Area
High school district Oshkosh Area
Directions From Hwy 41 exit 9th Ave head East, South on Oregon St, East on 14th Ave to address
Standard status Active
APN 0904390000
Size 2,158 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2925

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

deck

Building Details

Year built 1920
Number of units 2
Listing Agency: Beckman Properties
Listed By: Tyler J. Beckman
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 22 at 7:06PM
MLS# 50334751

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 2,158-square-foot duplex contains two two-bedroom, one-bathroom apartments. The main-floor residence features a 19-by-13-foot living room, a deck, and an eat-in kitchen; a second two-bedroom unit occupies the upper level. Built in 1920, the property has forced-air heating and public water and sewer service.

Both apartments are occupied under leases extending into 2027. Tenants pay utilities and take care of lawn maintenance and snow removal.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • 2,158 square feet on a 0.17‑acre lot
  • Leases in place through 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,561
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,220 $291.2K
Cap Rate 7%
$208,014 $208.0K
Cap Rate 9%
$161,789 $161.8K
Market Conditions
NOI Build-Up for 2,158 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
$14.6K $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 Rate 5%
$291,220
Cap Rate 7%
$208,014
Cap Rate 9%
$161,789

Alternative Uses

Best Use
Multifamily LT 5
$208.0K
$182.0K – $242.7K (±1% cap)
NOI $14,561 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$187.5K
$164.1K – $218.8K (±1% cap)
NOI $13,125 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$465.8K
$407.6K – $543.4K (±1% cap)
NOI $32,604 @ 7.0% cap · market cap 15.90%
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

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

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
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 - Separate occupants cover utilities, while lawn and snow responsibilities are handled by the tenants.
Where is this duplex located?
The property is located at 347 W 14TH Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 2,158 square feet on a 0.17‑acre lot; Leases in place through 2027
More about this property
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