1028 Banks Ave, Superior, WI 54880
Fully leased 5-plex with three 1-bedroom units and two studios in a corner location.
- Added:
- Jun 13, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 27 at 4:53 am
Property Features for 1028 Banks Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1914
Listing office RE/MAX Results
Listing date Jun 13, 2026
Source Visionsfirstrealty
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HighLights
- 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.
- Rents approx. $3,935/month with avg. monthly expenses about $960 (utilities, taxes, and insurance).
Overview
The building is situated on the corner of Banks Avenue and N 11th Street in Superior, Wisconsin. The property’s corner positioning supports straightforward access and a street-facing presence from both directions.
For investors seeking residential income with current tenancy in place, this property offers an established multi-unit setup with on-site mechanical and roof improvements noted by the seller. The current rental structure provides an opportunity to maintain and selectively enhance unit interiors over time, while the reported basement construction and recent capital items can help support longer-term operating stability.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.10514
- Latitude
- 46.725595