Duplex with
514 W IRVING Avenue, Oshkosh, WI 54901
For Sale
$255,000
Residential Income, OSHKOSH, WI
Property Size1,992 SF
Lot Size0.18 Acres
Price / SF$128.01
Days on Market61
Property Features for 514 W IRVING Avenue
General Information
Property type
Property subtype
Zoning
Parking
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Listing Agency:
Keller Williams Fox Cities · Keller Williams Realty
(920) 903-9031
Listed By:
Christine A. Schultz · License WI #91937763
(920) 379-1104
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 9 at 10:06PM
MLS# 50332590
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 1,992-square-foot duplex contains two three-bedroom units with hardwood floors. The building has vinyl siding and a two-car garage, and sits on a 0.18-acre lot. Built in 1920, it is zoned for two-family or duplex use.
Located at 514 W Irving Avenue in Oshkosh, the property is near UWO. Public water and public sewer serve the site.
Located at 514 W Irving Avenue in Oshkosh, the property is near UWO. Public water and public sewer serve the site.
Key Highlights
- Two units, each with three bedrooms
- 1,992 square feet on a 0.18‑acre lot
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,441
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,820
$268.8K
Cap Rate 7%
$192,014
$192.0K
Cap Rate 9%
$149,344
$149.3K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$20.3K $10.20/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$19.2K $9.64/SF
− OpEx
−$5.8K −$2.89/SF
NOI
$13.4K $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%
$268,820
Cap Rate 7%
$192,014
Cap Rate 9%
$149,344
Alternative Uses
Best Use
Multifamily LT 5
$192.0K
$168.0K – $224.0K
NOI $13,441 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$173.1K
$151.4K – $201.9K
NOI $12,115 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$429.9K
$376.2K – $501.6K
NOI $30,096 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
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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
$164,000
Median Home Value
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Market
Average Price Trend$/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 three-bedroom residences feature hardwood flooring and access to a shared garage.
Where is this duplex located?
The property is located at 514 W IRVING Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two units, each with three bedrooms; 1,992 square feet on a 0.18‑acre lot; Two‑car garage
