$350,000
 $1,879 est/mo Sourced by Back At You

1028 Banks Avenue,Superior, WI 54880

Superior, WI 54880

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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 $4,055 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

Details

MLS #6807647
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1914
Days On Site18
Listing Provided ByRE/MAX Results Duluth | Megan L Wilson

Features

SQ Feet2,260
BasementY
Story(s)2
Units4
ZoningResidential-Multi-Family
Acreage0.09

Interior

HeatingHot Water

Exterior

Construction MaterialsMetal Siding

Parking

Parking FeaturesOther

Taxes

Property3441

Area Information

StateWI
CountyDouglas
CitySuperior
Zip Code54880
Community NameWest Superior 01 Div
School District5663
High SchoolSuperior
Sourced by Back At You

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

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Learn More About This Property

StateWI
CountyDouglas
CitySuperior
Zip Code54880
Community NameWest Superior 01 Div
School District5663
High SchoolSuperior
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $262K - $437K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
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Listing Updated: November 6, 2025 at 1:44:54 PM PST
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