13-Unit Apartment
For Sale
$1,750,000
836 VINE AVENUE, Oshkosh, WI 54901
All-brick multifamily property with on-site laundry, outdoor parking, and full current occupancy.
Property Size13,632 SF
Price / SF$128.37
Days on Market280
Property Features for 836 VINE AVENUE
General Information
Standard status
Active
Size
13,632 SF
Total Parking Spaces
27
Property subtype
General Commercial
Occupancy
100%
Units
Unit Mix
12 x 3-bed/1-bath, 1 x 2-bed/1.5-bath
Multifamily Units
13
Taxes and HOA fees
Annual Taxes
$25,183
Amenities
on-site coin-operated laundry
Gas
3
Commercial MFR-20
27 Parking Spaces. On Site.
0.0 to .499
Building Details
Year Built
1988
Year Renovated
2020
Buildings
1
Stories
2
Construction
all-brick
Listing Agency:
Seidl & Associates a Div of Shorewest, Realtors
(920) 713-6212
Listed By:
Don Jr Pouwels · License #9454685
(920) 713-6212
Source:
Xome
Added: Nov 23, 2025
Changed: Aug 29
Last Checked: Aug 29 at 9:47PM
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 Seidl & Associates a Div of Shorewest, Realtors
Investment Insights
Based on property information with market context.
This 13-unit apartment property in Oshkosh includes 12 three-bedroom, one-bath residences and one two-bedroom, one-and-a-half-bath residence. The all-brick, two-story building was constructed in 1988 and measures 13,632 square feet. Improvements include a boiler system, on-site coin-operated laundry, and 27 private outdoor parking spaces.
The property is located at 836 Vine Avenue, with current occupancy reported at 100%. Tenants are responsible for utilities. The site is identified with Commercial MFR-20 zoning, supporting its multifamily configuration.
The property is located at 836 Vine Avenue, with current occupancy reported at 100%. Tenants are responsible for utilities. The site is identified with Commercial MFR-20 zoning, supporting its multifamily configuration.
Key Highlights
- 13,632‑square‑foot apartment building with 13 residences
- Unit mix includes twelve 3‑bed/1‑bath units and one 2‑bed/1.5‑bath unit
- All‑brick, two‑story building constructed in 1988
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,908
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,658,160
$1.7M
Cap Rate 7%
$1,184,400
$1.2M
Cap Rate 9%
$921,200
$921.2K
Market Conditions
NOI Build-Up for 13,632 SF
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.
Gross rent
$158.7K $11.64/SF
− Vacancy
−$7.9K −$0.58/SF
EGI
$150.7K $11.06/SF
− OpEx
−$67.8K −$4.98/SF
NOI
$82.9K $6.08/SF
Area
Winnebago County, WI
Vacancy
5.00%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,658,160
Cap Rate 7%
$1,184,400
Cap Rate 9%
$921,200
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.04M – $1.38M
NOI $82,908 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,959 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
403
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - All-brick multifamily property with on-site laundry, outdoor parking, and full current occupancy.
Where is this apartment building located?
The property is located at 836 VINE AVENUE Oshkosh, WI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 13,632‑square‑foot apartment building with 13 residences; Unit mix includes twelve 3‑bed/1‑bath units and one 2‑bed/1.5‑bath unit; All‑brick, two‑story building constructed in 1988
