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Spacious Duplex with Separate Garage

919 Bismarck Avenue Oshkosh, WI 54902

919 Bismarck Avenue, Oshkosh, WI, 54902
$299,900
For Sale
$299,900

South-side duplex offers independent utilities, oversized rooms with storage, and a spacious basement with laundry facilities.

Property Size2,436 SF
Price / SF$123.11
Days on Market113

Property Features for 919 Bismarck Avenue

General Information

Standard status
Active
Size
2,436 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1976
Listing agency First Weber Oshkosh
Listed by Wendy Hielsberg · License #94-88709
Source Compass
Added: Mar 31 Updated: Jul 20 at 8:25PM Checked: Jul 21 at 6:42AM

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 First Weber Oshkosh


Investment Insights

Based on property information with market context.

This spacious duplex is positioned on the south side and includes independent utilities for each unit. The property also features oversized rooms with ample storage throughout and a spacious basement equipped with laundry facilities. A separate garage provides additional off-street parking.

The seller indicates this is an opportunity for either investment or owner occupancy. Offers will be reviewed Thursday, April 9.

Overall, the layout is designed to accommodate comfortable living with practical storage and laundry space, along with separate parking supported by the detached garage.

Key Highlights

  • South‑side spacious duplex built in 1976 with 2‑story, 2 up and down building style
  • Independent utilities for each unit
  • Spacious basement with laundry facilities

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 $24.8k $10.20
− Vacancy −$1.4k −$0.56
EGI $23.5k $9.64
− OpEx −$7.0k −$2.89
NOI $16.4k $6.75
2,436 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$234.8K
$205.5K – $273.9K (±1% cap)
NOI $16,436 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$211.7K
$185.2K – $246.9K (±1% cap)
NOI $14,816 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$525.8K
$460.1K – $613.4K (±1% cap)
NOI $36,804 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service HVAC Service Garden Center Bakery Carpet & Flooring Store Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - South-side duplex offers independent utilities, oversized rooms with storage, and a spacious basement with laundry facilities.
Where is this duplex located?
The property is located at 919 Bismarck Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: South‑side spacious duplex built in 1976 with 2‑story, 2 up and down building style; Independent utilities for each unit; Spacious basement with laundry facilities
Contact an agent
More about this property
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