Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 5-bathroom residential multi family at 1028 Banks Ave in Superior, WI is listed for $329,000 ($146 per sqft). Built in 1914, the home offers 2,260 sqft of living space on a 0.09 acres lot.
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!
Key Features
- Built in 1914
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,760/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1028 Banks Ave
Superior, WI 54880
Property Details
Heating
Questions & Answers
This 3-bedroom, 5-bathroom residential multi family at 1028 Banks Ave is listed at $329,000 ($146/sqft). The estimated monthly payment is $1,426 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.09 acre lot, 2 stories.
This property is listed by Megan Wilson and can be reached at (952) 829-2900 or realestateninjamegan@gmail.com.