Two-Unit Duplex with
For Sale
$199,900
457 West 12th Avenue, Oshkosh, WI 54902
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 Market383
Property Features for 457 West 12th Avenue
General Information
Standard status
Active
Size
2,367 SF
Total Parking Spaces
2
Property subtype
Multifamily / Duplex (2 Unit)
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Stories
2
Listing Agency:
Century 21 Ace Realty
(920) 744-9445
Listed By:
Tim D Neubauer · License #94-94759
(920) 744-9445
Source:
Compass
Added: Jul 19, 2025
Changed: Jul 22
Last Checked: Aug 5 at 12:36PM
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.
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
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
NOI $15,971 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$205.7K
$180.0K – $239.9K
NOI $14,396 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$510.9K
$447.0K – $596.0K
NOI $35,762 @ 7.0% cap · market cap 17.89%
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
236
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
