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Two-Unit Upper Duplex
For Sale
$189,900

622 GRAND Street, Oshkosh, WI 54901

Upper-level duplex with separate utilities, basement access, and laundry hookups for both residences.

Property Size1,571 SF
Price / SF$120.88
Days on Market66

Property Features for 622 GRAND Street

General Information

Standard status Active
Size 1,571 SF
Property subtype Duplex

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,734

Amenities

laundry hookups

Building Details

Building Size 1,571 SF
Year Built 1920
Buildings 1
Listing Agency: Keller Williams Green Bay
Listed By: Curtis J. Stark · License #91-937525
Source: C21ace
Added: Aug 10 Changed: Oct 12 Last Checked: Oct 13 at 1:37AM

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 Keller Williams Green Bay

Investment Insights

Based on property information with market context.

This two-unit upper duplex contains 1,571 square feet and was built in 1920. The property includes front and rear stairwells, shared basement access, and separate laundry hookups serving the residences. Water, gas, and electric are separately metered for each unit, supporting distinct utility billing arrangements.

Located at 622 Grand Street in Oshkosh, the property includes tenant responsibility for lawn care and snow removal. Showings require 24 hours’ notice. The two units are described as clean and have an established rental history.

Key Highlights

  • Two‑unit upper duplex with 1,571 square feet
  • Built in 1920
  • Separate metering for water, gas, and electric

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,600
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,000 $212.0K
Cap Rate 7%
$151,429 $151.4K
Cap Rate 9%
$117,778 $117.8K
Market Conditions
NOI Build-Up for 1,571 SF
Gross rent
$16.0K $10.20/SF
− Vacancy
−$881 −$0.56/SF
EGI
$15.1K $9.64/SF
− OpEx
−$4.5K −$2.89/SF
NOI
$10.6K $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%
$212,000
Cap Rate 7%
$151,429
Cap Rate 9%
$117,778

Alternative Uses

Best Use
Multifamily LT 5
$151.4K
$132.5K – $176.7K (±1% cap)
NOI $10,600 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$136.5K
$119.4K – $159.3K (±1% cap)
NOI $9,555 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$339.1K
$296.7K – $395.6K (±1% cap)
NOI $23,735 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Home Appliance Store (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,192
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Upper-level duplex with separate utilities, basement access, and laundry hookups for both residences.
Where is this duplex located?
The property is located at 622 GRAND Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑unit upper duplex with 1,571 square feet; Built in 1920; Separate metering for water, gas, and electric
More about this property
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