Ranch Duplex with Off-Street
For Sale
$210,000
742 W 5TH Avenue, Oshkosh, WI 54902
Affordable ranch-style duplex with 1 bed and 1 bath per unit, tenant-paid separate utilities, and ample off-street parking.
Property Size1,344 SF
Price / SF$156.25
Days on Market183
Property Features for 742 W 5TH Avenue
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,519
Building Details
Building Size
1,344 SF
Year Built
1969
Listing Agency:
RE/MAX On The Water
Listed By:
Jack R. Doemel · License #91936379
(920) 379-6843
Source:
C21ace
Added: Apr 23
Changed: Oct 9
Last Checked: Oct 21 at 7:03AM
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 RE/MAX On The Water
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Investment Insights
Based on property information with market context.
This affordable ranch-style duplex offers 1 bedroom and 1 bathroom per unit. Each unit has separate utilities that are paid by the tenants. For comfort, the property includes wall A/C units for cooling and central space heating for furnaces. Ranges and refrigerators are included, and the building features a block foundation with crawl space. Both units are currently under written leases.
The duplex is located on the S-side of Oshkosh at 742 W 5th Avenue, with a concrete drive providing ample off-street parking. The current lease status may appeal to buyers seeking an income-producing residential property with existing tenant occupancy.
The property’s practical setup includes independent in-unit utility responsibility, included major appliances, and tenant-ready heating and cooling equipment. Off-street parking is supported by the concrete drive for convenient resident access.
The duplex is located on the S-side of Oshkosh at 742 W 5th Avenue, with a concrete drive providing ample off-street parking. The current lease status may appeal to buyers seeking an income-producing residential property with existing tenant occupancy.
The property’s practical setup includes independent in-unit utility responsibility, included major appliances, and tenant-ready heating and cooling equipment. Off-street parking is supported by the concrete drive for convenient resident access.
Key Highlights
- Ranch‑style duplex built in 1969 with 1 bed and 1 bath per unit
- Both units are under written leases
- Separate utilities paid by tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,068
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,360
$181.4K
Cap Rate 7%
$129,543
$129.5K
Cap Rate 9%
$100,756
$100.8K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$13.7K $10.20/SF
− Vacancy
−$754 −$0.56/SF
EGI
$13.0K $9.64/SF
− OpEx
−$3.9K −$2.89/SF
NOI
$9.1K $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%
$181,360
Cap Rate 7%
$129,543
Cap Rate 9%
$100,756
Alternative Uses
Best Use
Multifamily LT 5
$129.5K
$113.4K – $151.1K
NOI $9,068 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$116.8K
$102.2K – $136.2K
NOI $8,174 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$290.1K
$253.8K – $338.4K
NOI $20,306 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Affordable ranch-style duplex with 1 bed and 1 bath per unit, tenant-paid separate utilities, and ample off-street parking.
Where is this duplex located?
The property is located at 742 W 5TH Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Ranch‑style duplex built in 1969 with 1 bed and 1 bath per unit; Both units are under written leases; Separate utilities paid by tenants
