Ranch Duplex with Off-Street
742 W 5TH Avenue Oshkosh, WI 54902
742 W 5TH Avenue, Oshkosh, WI, 54902
$210,000
For Sale
$210,000
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 Market90
Property Features for 742 W 5TH Avenue
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1969
Listing agency
RE/MAX On The Water
(920) 379-6843
Listed by
Jack R. Doemel · License #9041911
Source
C21ace
Added: Apr 23 Updated: Jul 21 at 10:55AM Checked: Jul 21 at 10:55AM
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
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
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 | $13.7k | $10.20 |
| − Vacancy | −$754 | −$0.56 |
| EGI | $13.0k | $9.64 |
| − OpEx | −$3.9k | −$2.89 |
| NOI | $9.1k | $6.75 |
1,344 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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
