Victorian
For Sale
$450,000
107 E 7th Street, Superior, WI 54880
Residential Income, Superior, WI
Property Size4,404 SF
Lot Size0.41 Acres
Price / SF$102.18
Days on Market11
Property Features for 107 E 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bedroom 3, Bathroom 2
Parking features
Offsite
Subdivision
Superior City
High school district
Superior
Directions
Belknap St (US-2) to Ogden Ave, turn north on Ogden Ave, turn right onto E 7th St to property on the left.
Standard status
Active
APN
028020632400
Size
4,404 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5094
Utilities
Heating system
Forced Air
Amenities
private fenced backyards
central air
separate laundry
Building Details
Year built
1887
Listing Agency:
Wits Realty
(612) 444-5507
Listed By:
Tyler Mass · License #40797286
(218) 341-4097
Added: Sep 25
Changed: Oct 5
Last Checked: Oct 5 at 7:06PM
MLS# 7149953
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1887, this 4,404-square-foot Victorian duplex contains two residences, each with two bedrooms, one bathroom, separate laundry, and a fenced backyard. The three-story building also has a basement, and its third-floor living area features ceilings higher than 14 feet. The property occupies a 0.406-acre lot at 107 E 7th Street in Superior, Wisconsin.
Improvements include a 2025 roof with a transferable GAF Golden Pledge warranty, electrical upgrades, new plumbing and water heaters, central air, and renovated kitchens and bathrooms. Kitchen flooring is new, and hardwood floors on the main level have been restored. Heating is forced air; parking is offsite.
Improvements include a 2025 roof with a transferable GAF Golden Pledge warranty, electrical upgrades, new plumbing and water heaters, central air, and renovated kitchens and bathrooms. Kitchen flooring is new, and hardwood floors on the main level have been restored. Heating is forced air; parking is offsite.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 4,404‑square‑foot building on a 0.406‑acre lot
- Three stories plus a basement; third‑floor ceilings exceed 14 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,707
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,140
$734.1K
Cap Rate 7%
$524,386
$524.4K
Cap Rate 9%
$407,856
$407.9K
Market Conditions
NOI Build-Up for 4,404 SF
Gross rent
$55.5K $12.60/SF
− Vacancy
−$3.1K −$0.69/SF
EGI
$52.4K $11.91/SF
− OpEx
−$15.7K −$3.57/SF
NOI
$36.7K $8.33/SF
Area
Douglas County, WI
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,140
Cap Rate 7%
$524,386
Cap Rate 9%
$407,856
Alternative Uses
Best Use
Multifamily LT 5
$524.4K
$458.8K – $611.8K
NOI $36,707 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$461.5K
$403.8K – $538.5K
NOI $32,307 @ 7.0% cap · market cap 7.18%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,198 @ 7.0% cap · market cap 21.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Explore this area
Business Placement
Demographics for 54880, WI
30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include two bedrooms, separate laundry, and private fenced outdoor areas.
Where is this duplex located?
The property is located at 107 E 7th Street Superior, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 4,404‑square‑foot building on a 0.406‑acre lot; Three stories plus a basement; third‑floor ceilings exceed 14 feet
