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Upper/Lower Duplex Residence
For Sale
$305,000

807 W GRUENWALD Avenue, Oshkosh, WI 54901

Freshly remodeled duplex features new kitchens and baths, stainless appliances, and updated lighting and windows.

Property Size2,174 SF
Days on Market244

Property Features for 807 W GRUENWALD Avenue

General Information

Standard status Active
Size 2,174 SF
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

Indv Control/Unit, Sep Electric Meter, Sep Water Meter/Unit

Building Details

Building Size 2,174 SF
Year Built 1977
Listing Agency: Fox Cities Real Estate Market Center, LLC
Listed By: Kim Batterman · License #94
Source: Kw
Added: Feb 4 Changed: Oct 6 Last Checked: Oct 5 at 4:12PM

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 Fox Cities Real Estate Market Center, LLC

Investment Insights

Based on property information with market context.

This upper/lower duplex has been freshly remodeled throughout with luxury vinyl plank flooring, neutral paint colors, and updated lighting. Each unit includes brand-new kitchens and baths with stainless steel appliances, plus newer vinyl windows.

The property also features a maintenance-free exterior and an attached 2-car garage shared by both units, along with extra storage. A spacious yard provides outdoor space for residents.

The lower unit is vacant and ready to move into or rent, while the upper unit is leased through July. Access is described as easy for the lower level with 24-hour notice required for the upper unit.

Key Highlights

  • Freshly remodeled upper/lower duplex with brand‑new kitchens and baths, neutral paint, and luxury vinyl plank flooring
  • Stainless steel appliances with updated lighting and newer vinyl windows throughout
  • Upper unit is leased through July; lower level is vacant and ready for move‑in or rental

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,669
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,380 $293.4K
Cap Rate 7%
$209,557 $209.6K
Cap Rate 9%
$162,989 $163.0K
Market Conditions
NOI Build-Up for 2,174 SF
Gross rent
$22.2K $10.20/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$21.0K $9.64/SF
− OpEx
−$6.3K −$2.89/SF
NOI
$14.7K $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%
$293,380
Cap Rate 7%
$209,557
Cap Rate 9%
$162,989

Alternative Uses

Best Use
Multifamily LT 5
$209.6K
$183.4K – $244.5K (±1% cap)
NOI $14,669 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$188.9K
$165.3K – $220.4K (±1% cap)
NOI $13,222 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$469.2K
$410.6K – $547.4K (±1% cap)
NOI $32,846 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Electrical Service HVAC Service

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
Highway access

Location Intelligence

Trade Area within ½ mile

335
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 - Freshly remodeled duplex features new kitchens and baths, stainless appliances, and updated lighting and windows.
Where is this duplex located?
The property is located at 807 W GRUENWALD Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Freshly remodeled upper/lower duplex with brand‑new kitchens and baths, neutral paint, and luxury vinyl plank flooring; Stainless steel appliances with updated lighting and newer vinyl windows throughout; Upper unit is leased through July; lower level is vacant and ready for move‑in or rental
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