$329,000

1028 Banks Avenue, Superior, WI 54880

  • 3 beds |
  • 4 baths |
  • 2,260 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $146/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Fully leased 5-plex in a prime Superior location! Situated on the corner of Banks Avenue and N 11th Street, this solid, well-maintained property features three 1-bedroom units and two studio apartments. The building offers a full poured-concrete basement and strong rental history. Several units have been updated, with opportunity to add value as others turn over. Per the seller, the Weil-McLain boiler and heating components have been upgraded, and the roof has been recently replaced. Currently generating approximately $3,935 per month in rental income with average monthly expenses of about $960 (utilities, taxes, and insurance) — this is a great opportunity for steady cash flow and continued equity growth!

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 1:19AM
Listing Office:
RE/MAX Results Duluth : 218-722-2810
MLS ID:
7094353
  • Basement: Full
  • Heating: Hot Water
  • General: Vinyl
  • Parking: GravelConcreteOther
  • General: TwoPermanent
  • Road/Access: City StreetCurbsPaved StreetsSidewalksStorm Sewer
  • Originating MLS: northstar
  • School District: Superior
  • County: Douglas
  • Zoning: 068060022300
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of RE/MAX Results Duluth

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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