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1028 Banks Avenue, 
Superior, WI 54880

$350,000


Bed


Bath


2,260

Sq Ft


Multi-Family

Active

Listed by

Megan L Wilson

RE/MAX Results Duluth

218-722-2810

Last updated:

October 28, 2025, 08:52 PM

MLS#

6807647

Source:

NSMLS

About This Home

1028 Banks Avenue

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

Home Facts

Multi-Family

Built in 1914

Price Summary

350,000

$154 per Sq. Ft.

MLS #:

6807647

Last Updated:

October 28, 2025, 08:52 PM

Added:

15 day(s) ago


Rooms & Interior

Interior

Living Area:

2,260 Sq. Ft.


Structure

Structure

Building Area:

2,260 Sq. Ft.

Year Built:

1914


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$154 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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