Income Producing
918 MERRITT Avenue Oshkosh, WI 54901
918 MERRITT Avenue, Oshkosh, WI, 54901
$160,000
For Sale
$160,000
Fully rented duplex with two occupied units and month-to-month leases on Oshkosh’s North Side.
Property Size1,336 SF
Price / SF$119.76
Days on Market211
Property Features for 918 MERRITT Avenue
General Information
- Standard status
- Active
- Size
- 1,336 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1878
Listing agency
LPT Realty
(920) 808-0867
Listed by
Alexia J. Tullberg
Source
C21ace
Added: Dec 23, 2025 Updated: Jul 21 at 6:03PM Checked: Jul 21 at 6:03PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This income producing duplex features two units, each currently occupied under month-to-month leases. The tenants pay all utilities, which can help simplify ongoing operating expenses for the owner.
The property is located on Oshkosh’s North Side. The home exterior is noted as slate/asbestos.
As a residential income property, it is configured as two separate units within a duplex structure, with both sides actively leased.
The property is located on Oshkosh’s North Side. The home exterior is noted as slate/asbestos.
As a residential income property, it is configured as two separate units within a duplex structure, with both sides actively leased.
Key Highlights
- Income‑producing duplex built in 1878 with two units
- Fully rented: both units are currently occupied
- Both tenants are on month‑to‑month leases
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 | $13.6k | $10.20 |
| − Vacancy | −$749 | −$0.56 |
| EGI | $12.9k | $9.64 |
| − OpEx | −$3.9k | −$2.89 |
| NOI | $9.0k | $6.75 |
1,336 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$128.8K
$112.7K – $150.2K
NOI $9,014 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$116.1K
$101.6K – $135.4K
NOI $8,125 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$288.4K
$252.3K – $336.4K
NOI $20,185 @ 7.0% cap · market cap 12.62%
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 - Fully rented duplex with two occupied units and month-to-month leases on Oshkosh’s North Side.
Where is this duplex located?
The property is located at 918 MERRITT Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1878 with two units; Fully rented: both units are currently occupied; Both tenants are on month‑to‑month leases
