Updated Duplex with Finished
440 Church Ave, Oshkosh, WI 54901
For Sale
$279,900
Two-unit property with separately metered utilities and a finished attic area that adds usable bedroom space.
Property Size2,951 SF
Price / SF$94.85
Days on Market58
Property Features for 440 Church Ave
General Information
Standard status
Size
Property subtype
Additional Details
Gross Income
Utilities to Site
Multifamily Units
Building Details
Year Built
Listing Agency:
RE/MAX On The Water
Listed By:
Mike Dorsey · License WI #9048417
(920) 379-3923
Source:
Moving2greenbay
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 7 at 3:48PM
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
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Investment Insights
Based on property information with market context.
This 2,951-square-foot duplex, built in 1893, includes improvements such as a newly poured basement floor. The second unit also features a finished attic area configured for bedroom use. Separate utilities are in place for each unit, with tenants responsible for those services.
The property is positioned near downtown and UWO, directly across from the Winnebago County courthouse. Its two-unit layout, updated elements, and additional finished space create a practical configuration for residential income use.
The property is positioned near downtown and UWO, directly across from the Winnebago County courthouse. Its two-unit layout, updated elements, and additional finished space create a practical configuration for residential income use.
Key Highlights
- 2,951‑square‑foot duplex built in 1893
- Newly poured basement floor
- Finished attic space in Unit 2 used as a bedroom area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,911
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,220
$398.2K
Cap Rate 7%
$284,443
$284.4K
Cap Rate 9%
$221,233
$221.2K
Market Conditions
NOI Build-Up for 2,951 SF
Gross rent
$30.1K $10.20/SF
− Vacancy
−$1.7K −$0.56/SF
EGI
$28.4K $9.64/SF
− OpEx
−$8.5K −$2.89/SF
NOI
$19.9K $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%
$398,220
Cap Rate 7%
$284,443
Cap Rate 9%
$221,233
Alternative Uses
Best Use
Multifamily LT 5
$284.4K
$248.9K – $331.9K
NOI $19,911 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$256.4K
$224.4K – $299.1K
NOI $17,948 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$636.9K
$557.3K – $743.1K
NOI $44,585 @ 7.0% cap · market cap 15.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
Explore this area
Business Placement
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
$164,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Oshkosh, WI
Properties on Market for Duplexes in Oshkosh
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separately metered utilities and a finished attic area that adds usable bedroom space.
Where is this duplex located?
The property is located at 440 Church Ave Oshkosh, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 2,951‑square‑foot duplex built in 1893; Newly poured basement floor; Finished attic space in Unit 2 used as a bedroom area
