Victorian Duplex with Private
New
For Sale
$450,000
107 E 7th St, Superior, WI 54880
Two separate residences offer two bedrooms, a full bathroom, laundry, and a fenced outdoor area apiece.
Property Size3,188 SF
Price / SF$141.15
Days on Market2
Property Features for 107 E 7th St
General Information
Standard status
Active
Size
3,188 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
separate laundry
private fenced backyards
central air
Building Details
Year Built
1887
Buildings
1
Stories
3
Construction
Victorian
Listing Agency:
Wits Realty
Listed By:
Tyler Mass · License #40797286
(218) 341-4097
Source:
Searchhousesnow
Added: Oct 4
Last Checked: Sep 28 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wits Realty
Investment Insights
Based on property information with market context.
This 4,404-square-foot Victorian duplex spans three stories and includes a basement. Each residence has two bedrooms, one bathroom, separate laundry, and its own fenced backyard. The third-floor living area features ceilings more than 14 feet high. Architectural detailing and restored hardwood floors add character, while updated kitchens and bathrooms, new kitchen flooring, central air, new water heaters, and extensive electrical and plumbing work address key building systems.
The roof was installed in 2025 and carries a transferable GAF Golden Pledge warranty, with 50-year non-prorated material coverage and 25-year workmanship coverage. The property is at 107 E 7th St in Superior, Wisconsin. Its two-unit layout supports separate living spaces, and the home may also be converted to a single-family residence.
The roof was installed in 2025 and carries a transferable GAF Golden Pledge warranty, with 50-year non-prorated material coverage and 25-year workmanship coverage. The property is at 107 E 7th St in Superior, Wisconsin. Its two-unit layout supports separate living spaces, and the home may also be converted to a single-family residence.
Key Highlights
- 4,404‑square‑foot duplex with three stories and a basement
- Two units, each with 2 bedrooms, 1 bathroom, separate laundry, and a private fenced backyard
- Third‑floor living area has ceilings more than 14 feet high
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,572
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,440
$531.4K
Cap Rate 7%
$379,600
$379.6K
Cap Rate 9%
$295,244
$295.2K
Market Conditions
NOI Build-Up for 3,188 SF
Gross rent
$40.2K $12.60/SF
− Vacancy
−$2.2K −$0.69/SF
EGI
$38.0K $11.91/SF
− OpEx
−$11.4K −$3.57/SF
NOI
$26.6K $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%
$531,440
Cap Rate 7%
$379,600
Cap Rate 9%
$295,244
Alternative Uses
Best Use
Multifamily LT 5
$379.6K
$332.2K – $442.9K
NOI $26,572 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$334.1K
$292.3K – $389.8K
NOI $23,387 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$1.01M
$879.5K – $1.17M
NOI $70,361 @ 7.0% cap · market cap 15.64%
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 - Two separate residences offer two bedrooms, a full bathroom, laundry, and a fenced outdoor area apiece.
Where is this duplex located?
The property is located at 107 E 7th St 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: 4,404‑square‑foot duplex with three stories and a basement; Two units, each with 2 bedrooms, 1 bathroom, separate laundry, and a private fenced backyard; Third‑floor living area has ceilings more than 14 feet high
