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Four-Unit Residential Income Property
For Sale
$300,000

1605 Hughitt Ave, Superior, WI 54880

Four apartments on a corner lot with off-street parking, including a main-floor unit with in-unit washer and dryer.

Property Size4,314 SF
Days on Market56

Property Features for 1605 Hughitt Ave

General Information

Standard status Active
Size 4,314 SF
Property subtype Quadruplex

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,076

Building Details

Building Size 4,314 SF
Year Built 1895
Listing Agency: RE/MAX Results
Listed By: Tom Acton · License #40200615|WI67860-94
Source: Visionsfirstrealty
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 11 at 4:40AM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This four-unit residential income property is configured with one large main-floor apartment, two second-floor apartments, and a large third-floor hybrid studio apartment. Three units are on month-to-month arrangements, while the main-floor tenant has a lease expiring 10/31/26. The building includes a fire escape serving the upper level and multiple front access points for three of the units. The main-floor unit is accessed from a side entry or from the back of the home and includes a washer and dryer. A shared basement entry off the back provides access to a shared coin-operated washer and dryer.

The property sits on a nice corner lot and offers a substantial amount of off-street parking, an added convenience for residents. There is also yard space. The main-floor unit is technically a one-bedroom layout with a second room that could be used as a bedroom, with access requiring passage through the bathroom.

Service responsibilities are split by unit: the upper three units pay water and gas, while the main-floor unit pays water and electricity per the tenant. The property has documented capital updates including water heaters replaced in 2022, a boiler installed in 2019, newer gas lines in 2020, an updated electrical service in 2004, and roof work and related roofing/siding improvements dated 2011 and 2003, along with a fire-rated boiler room installed in 2009.

Key Highlights

  • 4‑plex built in 1895 with 1 main‑floor unit, two second‑floor units, and a third‑floor hybrid studio apartment
  • Rents structure: 3 units are month‑to‑month; main‑floor tenant lease expires 10/31/26
  • Off‑street parking included, plus a fire escape from the upper level and front access for 3 units

Property Analytics

Current Use

Rainbow St. Studio Recording Studio

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Daycare Center Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,086
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments on a corner lot with off-street parking, including a main-floor unit with in-unit washer and dryer.
Where is this quadplex located?
The property is located at 1605 Hughitt Ave Superior, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4‑plex built in 1895 with 1 main‑floor unit, two second‑floor units, and a third‑floor hybrid studio apartment; Rents structure: 3 units are month‑to‑month; main‑floor tenant lease expires 10/31/26; Off‑street parking included, plus a fire escape from the upper level and front access for 3 units
More about this property
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