Two-Unit Duplex with Detached
New
For Sale
$179,900
1705 Hammond Ave, Superior, WI 54880
MULTI-FAMILY, Superior, WI
Property Size2,074 SF
Lot Size0.08 Acres
Price / SF$86.74
Days on Market5
Property Features for 1705 Hammond Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Elementary school district
Superior (WI) #5663
Middle school district
Superior (WI) #5663
High school district
Superior (WI) #5663
Directions
From Belknap St, head south on Hammond Ave to the property.
Subdivision
LSAR
Standard status
Active
APN
07-807-00370-00
Size
2,074 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2608
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Amenities
full basement
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 829-2900
Listed By:
Jordan Decaro · License #40286367|WI79981-94
(218) 722-2811
Added: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 6128269
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.
Investment Insights
Based on property information with market context.
This up/down duplex contains two apartments totaling 2,074 square feet. The main-level residence has 3 bedrooms, 1 bathroom, and 1,189 square feet; the upper apartment includes 1 bedroom, 1 bathroom, and 885 square feet. Both units are tenant-occupied and leased through 2027. Natural gas hot water heat serves the building, which also has a full basement and a detached one-car garage.
Residents cover their own electric, heat, and trash costs, while water and sewer remain owner expenses. The property was built in 1900 and occupies a 0.08-acre lot in Superior, Wisconsin.
Residents cover their own electric, heat, and trash costs, while water and sewer remain owner expenses. The property was built in 1900 and occupies a 0.08-acre lot in Superior, Wisconsin.
Key Highlights
- Two‑unit up/down duplex with 2,074 square feet
- Main‑level unit: 3 bedrooms, 1 bathroom, 1,189 square feet
- Upper unit: 1 bedroom, 1 bathroom, 885 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,215
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,300
$304.3K
Cap Rate 7%
$217,357
$217.4K
Cap Rate 9%
$169,056
$169.1K
Market Conditions
NOI Build-Up for 2,074 SF
Gross rent
$29.1K $14.04/SF
− Vacancy
−$1.5K −$0.70/SF
EGI
$27.7K $13.34/SF
− OpEx
−$12.4K −$6.00/SF
NOI
$15.2K $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%
$304,300
Cap Rate 7%
$217,357
Cap Rate 9%
$169,056
Alternative Uses
Best Use
Multifamily LT 5
$247.0K
$216.1K – $288.1K
NOI $17,287 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$217.4K
$190.2K – $253.6K
NOI $15,215 @ 7.0% cap · market cap 8.46%
Theoretical Best
Specialty Retail
$653.9K
$572.2K – $762.9K
NOI $45,774 @ 7.0% cap · market cap 25.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
962
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 - Leased apartments offer separate utility responsibility, with occupants paying their own electric, heat, and trash.
Where is this duplex located?
The property is located at 1705 Hammond Ave Superior, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑unit up/down duplex with 2,074 square feet; Main‑level unit: 3 bedrooms, 1 bathroom, 1,189 square feet; Upper unit: 1 bedroom, 1 bathroom, 885 square feet
