Duplex with Detached
New
For Sale
$170,000
1522 Hughitt Ave, Superior, WI 54880
MULTI-FAMILY, Superior, WI
Property Size2,024 SF
Lot Size0.08 Acres
Price / SF$83.99
Days on Market1
Property Features for 1522 Hughitt Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 1
Elementary school district
Superior (WI) #5663
Middle school district
Superior (WI) #5663
High school district
Superior (WI) #5663
Directions
Hughitt and 15th
Subdivision
LSAR
Standard status
Active
APN
07-807-00119-00
Size
2,024 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2379
Utilities
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1906
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Results · RE/MAX International
Listed By:
Jordan Decaro
(952) 829-2900
Added: Oct 19
Last Checked: Oct 19 at 5:06AM
MLS# 6128486
Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This up-and-down duplex contains two apartments: a one-bedroom, one-bath unit on the lower level and a two-bedroom, one-bath unit above. Both are leased into 2027. The property was built in 1906 and includes hot water heat, a full basement, hardwood floors, original woodwork, and a detached one-car garage.
The owner pays electric, gas, water, and sewer; the tenant is responsible for garbage. Leases must be honored.
The owner pays electric, gas, water, and sewer; the tenant is responsible for garbage. Leases must be honored.
Key Highlights
- Two apartments: a 1‑bedroom, 1‑bath lower unit and a 2‑bedroom, 1‑bath upper unit
- Both units have leases extending into 2027
- 2024 square feet on a 0.08‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,848
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,960
$297.0K
Cap Rate 7%
$212,114
$212.1K
Cap Rate 9%
$164,978
$165.0K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$28.4K $14.04/SF
− Vacancy
−$1.4K −$0.70/SF
EGI
$27.0K $13.34/SF
− OpEx
−$12.1K −$6.00/SF
NOI
$14.8K $7.34/SF
Area
Douglas County, WI
Vacancy
5.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,960
Cap Rate 7%
$212,114
Cap Rate 9%
$164,978
Alternative Uses
Best Use
Multifamily LT 5
$241.0K
$210.9K – $281.2K
NOI $16,870 @ 7.0% cap · market cap 9.92%
Second Best
Apartment 5plus
$212.1K
$185.6K – $247.5K
NOI $14,848 @ 7.0% cap · market cap 8.73%
Theoretical Best
Specialty Retail
$638.2K
$558.4K – $744.5K
NOI $44,671 @ 7.0% cap · market cap 26.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,044
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower apartments are leased through 2027, with a one-bedroom layout below and two bedrooms above.
Where is this duplex located?
The property is located at 1522 Hughitt Ave Superior, WI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Two apartments: a 1‑bedroom, 1‑bath lower unit and a 2‑bedroom, 1‑bath upper unit; Both units have leases extending into 2027; 2024 square feet on a 0.08‑acre lot
