1028 Banks Avenue, Superior, WI 54880

Superior
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
1028 Banks Avenue,Superior, WI 54880
$329,000
  • 3 Beds
  • 4 Baths
  • 2,260 sq. ft.
  • Multi-family
  • Active
Listed by: megan l wilson
Office: re/max results duluth
MLS#:7094353
Source:NSMLS

Price summary

  • Price:$329,000
  • Price per sq. ft.:$145.58

About this home

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!

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Home facts

  • Year built:1914
  • Subdivision & Development:West Superior 01 Div
  • Listing ID #:7094353
  • Added:45 day(s) ago
  • Updated:August 02, 2026 at 12:07 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,260 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1914
  • Building area:2,260 sq. ft.
  • Lot area:0.09 Acres
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$329,000
  • Price per sq. ft.:$145.58
  • Tax amount:$3,511 (2024)

Parking

  • Parking description:Concrete, Gravel
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