Updated 4-Unit Apartment
708 W Lincoln Ave, Oshkosh, WI 54901
For Sale
$439,000
On-site coin-operated laundry, off-street parking, and a detached garage support the property's residential setup.
Property Size3,600 SF
Price / SF$121.94
Days on Market15
Property Features for 708 W Lincoln Ave
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated laundry
air conditioning
balconies
Listing Agency:
Knaack Realty LLC
(920) 716-1556
Listed By:
Becki Guard
(920) 286-4076
Source:
Exprealty
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 4:07PM
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 Knaack Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,600-square-foot four-unit apartment property includes two renovated bathrooms with walk-in showers, updated cabinetry and tile flooring, and new wood flooring in three apartments. All four units have fresh paint. Other improvements include updated fascia, soffits and gutters with leaf guards, restored balconies, security and fire-safety upgrades, garage work, and air-conditioning improvements. Coin-operated laundry is available on site, with off-street parking and a detached two-car garage.
The property is near the UW Oshkosh campus and downtown Oshkosh amenities, restaurants, and shopping. The listing reports an established rental history and a current 11% cap rate based on rental income and operating expenses.
The property is near the UW Oshkosh campus and downtown Oshkosh amenities, restaurants, and shopping. The listing reports an established rental history and a current 11% cap rate based on rental income and operating expenses.
Key Highlights
- Four apartments within 3,600 square feet
- Current 11% cap rate, based on rental income and operating expenses
- Two bathrooms renovated with walk‑in showers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,290
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,800
$485.8K
Cap Rate 7%
$347,000
$347.0K
Cap Rate 9%
$269,889
$269.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$36.7K $10.20/SF
− Vacancy
−$2.0K −$0.56/SF
EGI
$34.7K $9.64/SF
− OpEx
−$10.4K −$2.89/SF
NOI
$24.3K $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%
$485,800
Cap Rate 7%
$347,000
Cap Rate 9%
$269,889
Alternative Uses
Best Use
Multifamily LT 5
$347.0K
$303.6K – $404.8K
NOI $24,290 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$312.8K
$273.7K – $364.9K
NOI $21,895 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$777.0K
$679.9K – $906.5K
NOI $54,391 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
988
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - On-site coin-operated laundry, off-street parking, and a detached garage support the property's residential setup.
Where is this quadplex located?
The property is located at 708 W Lincoln Ave Oshkosh, WI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Four apartments within 3,600 square feet; Current 11% cap rate, based on rental income and operating expenses; Two bathrooms renovated with walk‑in showers
