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Leased Duplex with 2-Car Garage

710 Ceape Avenue Oshkosh, WI 54901

710 Ceape Avenue, Oshkosh, WI, 54901
$219,900
For Sale
$219,900

Owner-occupied or investment duplex with both units leased, on-site laundry, basement storage, and a two-car garage.

Property Size2,150 SF
Price / SF$102.28
Days on Market49

Property Features for 710 Ceape Avenue

General Information

Standard status
Active
Size
2,150 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1920
Listing agency First Weber Oshkosh
Listed by Megan H Lang · License #90-51652
Source Compass
Added: Jun 3 Updated: Jul 21 at 11:45AM Checked: Jul 21 at 11:45AM

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 First Weber Oshkosh


Investment Insights

Based on property information with market context.

This leased duplex offers a flexible ownership setup with both units currently rented, including the lower unit on a month-to-month lease. The property includes on-site laundry, a full basement that can be used for storage, and a two-car garage. Several updates have been made throughout the home.

Located on the east side of Oshkosh, the property is described as being convenient to parks, Lake Winnebago, public transportation, and local entertainment.

The duplex configuration provides two separate, income-producing units with shared site improvements including laundry and basement storage, supported by a two-car garage for tenant or owner use.

Key Highlights

  • Duplex with both units currently leased; the lower unit is on a month‑to‑month lease
  • Year built 1920 with 2‑story layout (2 up and down) and a full lower‑level building
  • On‑site laundry and a full basement for storage

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 $21.9k $10.20
− Vacancy −$1.2k −$0.56
EGI $20.7k $9.64
− OpEx −$6.2k −$2.89
NOI $14.5k $6.75
2,150 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$207.2K
$181.3K – $241.8K (±1% cap)
NOI $14,507 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$186.8K
$163.5K – $217.9K (±1% cap)
NOI $13,076 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$464.0K
$406.0K – $541.4K (±1% cap)
NOI $32,483 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Bakery Home Appliance Store Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Duplex - Owner-occupied or investment duplex with both units leased, on-site laundry, basement storage, and a two-car garage.
Where is this duplex located?
The property is located at 710 Ceape Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Duplex with both units currently leased; the lower unit is on a month‑to‑month lease; Year built 1920 with 2‑story layout (2 up and down) and a full lower‑level building; On‑site laundry and a full basement for storage
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