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Brick Duplex with Two Units

856 GREENWOOD Court, Oshkosh, WI 54901

For Sale
$275,000

Each residence has air conditioning, and the property carries DR-6 duplex residential zoning.

Property Size2,480 SF
Price / SF$110.89
Days on Market9

Property Features for 856 GREENWOOD Court

General Information

Standard status Active
Size 2,480 SF
Property subtype Duplex
Zoning DR-6

Additional Details

Asking Price $275,000
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,062

Amenities

air conditioning

Building Details

Building Size 2,480 SF
Year Built 1968
Buildings 1
Construction brick
Listing Agency: Corbett Realty
Listed By: Ava M. Corbett · License WI 91-950096
Source: C21ace
Added: Nov 3 Changed: Nov 10 Last Checked: Nov 10 at 6:10AM

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 Corbett Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,480-square-foot duplex, built in 1968, has a brick exterior and two side-by-side residences. Together, the units contain six bedrooms, two full bathrooms, and two half bathrooms. Both have air conditioning, and one includes an oversized primary bedroom. The roof was replaced in 2023, followed by a new water heater in 2024.

The property is near Lake Winnebago and zoned DR-6 for duplex residential use. Other duplexes on Greenwood Court are also available, including properties at 1010/1012, 904/906, and 1024/1026. Properties may be acquired individually or together as a package.

Key Highlights

  • 2,480 square feet in a two‑unit duplex
  • Six bedrooms, two full bathrooms, and two half bathrooms
  • Brick exterior; air conditioning in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,733
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,660 $334.7K
Cap Rate 7%
$239,043 $239.0K
Cap Rate 9%
$185,922 $185.9K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$25.3K $10.20/SF
− Vacancy
−$1.4K −$0.56/SF
EGI
$23.9K $9.64/SF
− OpEx
−$7.2K −$2.89/SF
NOI
$16.7K $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%
$334,660
Cap Rate 7%
$239,043
Cap Rate 9%
$185,922

Alternative Uses

Best Use
Multifamily LT 5
$239.0K
$209.2K – $278.9K (±1% cap)
NOI $16,733 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$215.5K
$188.5K – $251.4K (±1% cap)
NOI $15,083 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$535.3K
$468.4K – $624.5K (±1% cap)
NOI $37,469 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

305
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

Average Price Trend$/SF for Duplexes in Oshkosh, WI

$120 Jul
$109 Aug
$112 Sep
$111 Oct

Properties on Market for Duplexes in Oshkosh

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has air conditioning, and the property carries DR-6 duplex residential zoning.
Where is this duplex located?
The property is located at 856 GREENWOOD Court Oshkosh, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,480 square feet in a two‑unit duplex; Six bedrooms, two full bathrooms, and two half bathrooms; Brick exterior; air conditioning in both units
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