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$295,000
Pending1028 Banks Avenue
Superior, WI 54880
2,260
Square Feet
3
Beds
4
Baths
183
Days on Market
NST7094353
MLS#
Multi-Family
Type
Duplex/Multi-Unit
Structure
Residential
Zone
Listing OfficeRE/MAX Results Duluth
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!
Property Details
- Heating
- Hot Water
- Bedrooms
- 3
- Bathrooms
- 4
- Stories
- 2
- Exterior Materials
- Vinyl
- Acres
- 0.0
- Square Feet
- 2260.0
- Lot Size (sqft)
- 0.09
- Parking Features
- Gravel, Concrete, Other
- Parking Garage Spaces
- 0.0
- Property Type
- Multi-Family
- Basement
- 1
- Basement Description
- Full
- Year Built
- 1914
- Foundation
- Permanent
- Sewer Information
- City Sewer/Connected
- Utility Source
- City Water/Connected
- Subdivision
- West Superior 01 Div
- School District
- Superior
- County
- Douglas
- Region
- Superior
- Days on Market (Cumulative)
- 183
- Taxes Annual
- $3,511
- MLS #
- 7094353
- Property Subtype
- Other
- Parcel Number
- 068060022300
- MLS #
- 7094353
- Date Listed
- June 16, 2026
- Address
- 1028 Banks Avenue
Location
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Provided By
Listed by Megan Wilson (#NST880507528)
Listing Office: RE/MAX Results Duluth (#NST26094)