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$295,000
$1,400Reward *
1028 Banks Avenue, Superior, WI 54880Listing ID 7094353

1028 Banks Avenue, Superior, WI 54880

Active
West Superior 01 Div
Time on site: 61 days • Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,260
Days on Site
Days on Site
11
Heating
Heating
Hot Water
Year Built
Year Built
1914
Parking
Parking
Gravel, Concrete, Other

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 Information

Property Details

Location

Address
1028 Banks Avenue
County
Douglas
City
Superior
Zip Code
54880
Subdivision
West Superior 01 Div
School District
Superior

Interior Features

Beds and Baths

Bedrooms
3

Building

Building Information

Square Feet
2,260
Year Built
1914
Construction
Frame
Foundation
Permanent

Property Taxes

Tax Annual Amount
$3,511
Tax Year
2024
RE/MAX Results Duluth, (218) 722-2810

Market Report for 54880

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 02:47 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST880507528