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Two-Unit Duplex with Garage

457 West 12th Avenue Oshkosh, WI 54902

457 West 12th Avenue, Oshkosh, WI, 54902
$199,900
For Sale
$199,900

Spacious duplex features two apartments with separate 3-bed and 2-bed layouts plus a 2-car garage.

Property Size2,367 SF
Price / SF$84.45
Days on Market370

Property Features for 457 West 12th Avenue

General Information

Standard status
Active
Size
2,367 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1920
Listing agency Century 21 Ace Realty
Listed by Tim D Neubauer · License #94-94759
Source Compass
Added: Jul 19, 2025 Updated: Jul 22 at 7:34AM Checked: Jul 22 at 7:34AM

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 Century 21 Ace Realty


Investment Insights

Based on property information with market context.

This duplex offers more than 2,300 square feet across two apartments. The lower unit includes 3 bedrooms and 1 bathroom, while the upper unit features 2 bedrooms and 1 bathroom, creating a flexible configuration for investors or an owner-occupant.

The property includes a convenient 2-car garage, providing practical off-street parking and storage utility.

Located at 457 West 12th Avenue in Oshkosh, the building presents a straightforward two-unit income setup with room to match different household needs.

Key Highlights

  • Spacious Oshkosh duplex at 457 W 12th Ave with over 2,300 SF across two apartments
  • Lower unit offers 3 bedrooms and 1 bath
  • Upper unit offers 2 bedrooms and 1 bath

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $24.1k $10.20
− Vacancy −$1.3k −$0.56
EGI $22.8k $9.64
− OpEx −$6.8k −$2.89
NOI $16.0k $6.75
2,367 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$228.2K
$199.6K – $266.2K (±1% cap)
NOI $15,971 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$205.7K
$180.0K – $239.9K (±1% cap)
NOI $14,396 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$510.9K
$447.0K – $596.0K (±1% cap)
NOI $35,762 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Electrical Service Garden Center (Bike/Boat/Book/etc) Store Bakery Locksmith Catering Service Home Appliance Store HVAC Service Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious duplex features two apartments with separate 3-bed and 2-bed layouts plus a 2-car garage.
Where is this duplex located?
The property is located at 457 West 12th Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Spacious Oshkosh duplex at 457 W 12th Ave with over 2,300 SF across two apartments; Lower unit offers 3 bedrooms and 1 bath; Upper unit offers 2 bedrooms and 1 bath
Contact an agent
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