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    Corner Lot Duplex with Large Yard Title is generated by Realmo AI

    2004 E 5th St, Superior, WI 54880

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    Claim this Listing
    New
    For Sale
    $350,000

    MULTI_FAMILY - Superior, WI

    Property size:
    3,304 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $105/SF
    Added:
    Jun 11, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 12 at 5:06 am

    Property Features for 2004 E 5th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 4, Basement
    Standard status
    Active
    APN
    01-801-01597-00
    Size
    3,304 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3376

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)

    Building Details

    Year built
    1875
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Megan Wilson

    Listing agent Megan Wilson License #75787-94

    Listing office RE/MAX Results Duluth, WI

    Listing date Jun 11, 2026

    MLS# 6125973 Listing URL

    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.

    HighLights

    • Duplex built in 1875 with two units, each featuring 3 bedrooms and 1 full bathroom
    • Each unit includes access to the basement with laundry facilities and a utility room
    • Generously sized kitchens and ample living space in both units
    • Corner lot with a large yard and abundant off‑street and street parking
    • Electrical is separately metered for each unit; other utilities are shared
    • Heating: natural gas and hot water (heating)

    Overview

    This duplex features a spacious, character-filled layout with a welcoming foyer and two separate residential units. Each unit includes three large bedrooms, one full bathroom, a generously sized kitchen, and ample living space. Both units have access to the basement, which contains laundry facilities and a utility room. The electrical service is separately metered for each unit, while all other utilities are shared. The property includes 3,304 square feet of space set on a 0.31-acre lot.

    Located at 2004 E 5th St in Superior, WI 54880 in Douglas County, the home sits on a corner lot. The property offers a large yard and abundant parking, including both off-street and street parking. Tall ceilings and a functional layout support comfortable day-to-day living in each unit.

    As a sale, the duplex can appeal to investors seeking two income-producing units and to owner-occupants who prefer to live in one unit while renting the other. With each side configured similarly and separate electric metering in place, the arrangement is designed to provide straightforward unit separation for household operations. The shared basement amenities and dedicated utility space help support convenient laundry use for both units.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.6k $12.60
    − Vacancy −$2.3k −$0.69
    EGI $39.3k $11.91
    − OpEx −$11.8k −$3.57
    NOI $27.5k $8.33
    3,304 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $393.4K
    $344.2K – $459.0K (±1% cap)
    NOI $27,539 @ 7.0% cap · market cap 7.87%
    Second Best
    Apartment 5plus
    $346.3K
    $303.0K – $404.0K (±1% cap)
    NOI $24,238 @ 7.0% cap · market cap 6.93%
    Theoretical Best
    Specialty Retail
    $1.04M
    $911.5K – $1.22M (±1% cap)
    NOI $72,921 @ 7.0% cap · market cap 20.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Superior
    County
    Douglas
    State
    Wisconsin
    Longitude
    -92.052971
    Latitude
    46.706484

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with shared basement laundry and separately metered electric on a corner lot.
    Where is this duplex located?
    The property is located at 2004 E 5th St Superior, WI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Duplex built in 1875 with two units, each featuring 3 bedrooms and 1 full bathroom; Each unit includes access to the basement with laundry facilities and a utility room; Generously sized kitchens and ample living space in both units
    More about this property
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