1028 Banks Ave, Superior, WI 54880
1028 Banks Ave, Superior, WI 54880
1028 Banks Ave, Superior, WI 54880
1028 Banks Ave, Superior, WI 54880
1028 Banks Ave, Superior, WI 54880
1028 Banks Ave, Superior, WI 54880
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Anthony Jennings

Anthony Jennings

+1(715) 209-6841
Listed by Megan Wilson RE/MAX Results
$ 295,000
Est. payment | /mo

3 Beds

5 Baths

2,260 SqFt

Save
$ 295,000
Est. payment | /mo
Save

3 Beds

5 Baths

2,260 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $130

MLS Listing ID LSA6126043

Bedrooms 3

HOA Y/N No

Year Built 1914

Annual Tax Amount $3,510

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50 x 80

Property Sub-Type Multi-Family 5+

Source lsar

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!

Location

State WI

County Douglas County

Area Lsar

Direction Corner of Banks Ave and N 11th St

Rooms

Basement Full

Interior

Heating Hot Water, Natural Gas

Exterior

View Y/N No

Garage No

Building

Story 2

Foundation Poured Concrete

Sewer Public Sewer

Water City

Structure Type Metal

Schools

High Schools Superior (Wi) #5663

School District Superior (Wi) #5663

Nearby Locations

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Anthony Jennings
Anthony Jennings

Broker-Owner | Lic# 44683-90

+1(715) 209-6841

315 Turner Rd., Ashland, WI 54806

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1028 Banks Ave