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    Superior, WI
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    Superior, WI Apartment Buildings for Sale

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    Duluth, MN Hermantown, MN South Range, WI Esko, MN Cloquet, MN Carlton, MN Poplar, WI Saginaw, MN
    Five-Plex Apartment Building
    Updated: Jul 11
    Five-Plex Apartment Building

    1028 Banks Ave, Superior, WI 54880

    $295,000
    2,260 sqft 0.09 AC lot
    Fully leased five‑plex with three 1‑bedroom units and two studio apartments
    Full poured‑concrete basement
    Corner location on Banks Avenue and N 11th Street
    Per seller: Weil‑McLain boiler and heating components upgraded
    Per seller: roof recently replaced
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    This listing looks promising.

    Here's a quick look at some key insights for

    1028 Banks Ave, Superior, WI 54880

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $237K
      Suggested
    View Property Analytics
    Corner 5-Plex Income Property
    Updated: Jun 13
    Corner 5-Plex Income Property

    1028 Banks Ave, Superior, WI 54880

    $295,000
    Fully leased 5‑plex with 3 one‑bedroom units and 2 studio apartments.
    Corner location on Banks Avenue and N 11th Street in Superior.
    Year built 1914; includes a full poured‑concrete basement.
    Seller reports Weil‑McLain boiler and heating components upgraded.
    Roof recently replaced; several units updated with potential for additional updates as units turn over.
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    Well-Maintained 5-Unit Apartment Building
    Well-Maintained 5-Unit Apartment Building

    1921-1923 N 57th St, Superior, WI 54880

    Contact for pricing

    Well-maintained 5-plex with vinyl windows and a full basement, with tenants paying heat and electric.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Superior, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building with Storefront
    Six-Unit Apartment Building with Storefront

    410 Main St W, Ashland, WI 54806

    $450,000
    3,485 sqft 0.08 AC lot

    Six-unit mixed-use property on Main Street with one main-level storefront and five upper residential units plus a deck.

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    Downtown Mixed-Use Income Property
    Downtown Mixed-Use Income Property

    410 MAIN ST W, Ashland, WI 54806

    Contact for pricing
    3,485 sqft

    Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.

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    Historic Brownstone Apartment Complex
    Historic Brownstone Apartment Complex

    731 East 1st Street, Duluth, MN 55802

    Contact for pricing

    Five-building historic brownstone apartment complex near downtown Duluth and Lake Superior, featuring large units and period details.

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    Downtown 8-Plex Apartment Building
    Downtown 8-Plex Apartment Building

    331 West 3rd Street, Duluth, MN 55806

    Contact for pricing

    An 8-unit apartment building with coin-operated laundry and off-street parking availability.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Superior, WI Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Superior, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,260 square feet of properties for sale, with an estimated market value of $590,000.

    Sale prices for two-family homes in Superior, WI average $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 30K
    Population Growth (5Y) +0.8%
    Median Household Income $66,942
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

    Identify Superior submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54880 $329K

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Douglas County

    New Delisted

    Total CRE Inventory on Market (SF)

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