Two-Unit Duplex with
New
For Sale
$189,900
839 Franklin St, Oshkosh, WI 54901
Upper and lower residences each offer two bedrooms, one bath, and separate utility metering.
Property Size1,788 SF
Price / SF$106.21
Days on Market4
Property Features for 839 Franklin St
General Information
Standard status
Active
Size
1,788 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$24,300
Utilities to Site
Yes
Amenities
washer and dryer
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker The Real Estate Group
Listed By:
Tiffany Holtz | Coldwell Banker · License #916849
(920) 574-4422
Source:
Tiffanyholtz
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 8:42AM
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 Coldwell Banker The Real Estate Group
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Investment Insights
Based on property information with market context.
This 1,788-square-foot duplex, built in 1920, is arranged as upper and lower residences. Each unit has two bedrooms and one bathroom, along with its own washer and dryer. The upper unit also contains coin-operated laundry. Utilities are separately metered for each residence.
Both units are rented. Tenants handle lawn care and snow removal. The property is located between Downtown Oshkosh and UW Oshkosh.
Both units are rented. Tenants handle lawn care and snow removal. The property is located between Downtown Oshkosh and UW Oshkosh.
Key Highlights
- Two units, each with 2 bedrooms and 1 bath
- 1,788‑square‑foot upper/lower duplex
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,064
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,280
$241.3K
Cap Rate 7%
$172,343
$172.3K
Cap Rate 9%
$134,044
$134.0K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$18.2K $10.20/SF
− Vacancy
−$1.0K −$0.56/SF
EGI
$17.2K $9.64/SF
− OpEx
−$5.2K −$2.89/SF
NOI
$12.1K $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%
$241,280
Cap Rate 7%
$172,343
Cap Rate 9%
$134,044
Alternative Uses
Best Use
Multifamily LT 5
$172.3K
$150.8K – $201.1K
NOI $12,064 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$155.3K
$135.9K – $181.2K
NOI $10,874 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$385.9K
$337.7K – $450.2K
NOI $27,014 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower residences each offer two bedrooms, one bath, and separate utility metering.
Where is this duplex located?
The property is located at 839 Franklin St Oshkosh, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bath; 1,788‑square‑foot upper/lower duplex; Built in 1920
