716-718 22nd Ave E, Superior, WI 54880
MULTI_FAMILY - Superior, WI
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 716-718 22nd Ave E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Basement, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
- Basement
- Concrete
- Standard status
- Active
- APN
- 01-801-02417-00
- Size
- 3,672 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4315
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 2
Listing agent Megan Wilson License #75787-94 (952) 829-2900
Listing office RE/MAX Results Duluth, WI (952) 829-2900
Listing date Jun 24, 2026
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
- Side‑by‑side duplex built in 1974 with electric heating
- Each unit has 2 bedrooms and 2 bathrooms, with open‑concept main‑level living and kitchen
- Separate basements for each unit include a rec room, bonus room, and laundry area
- Unit 716 has a single‑stall garage and ample off‑street parking
- Unit 718 has a two‑stall garage; one unit includes an electric sauna
- Utilities are separately metered for the two units
Overview
The property is located at 716–718 22nd Ave E in Superior, Wisconsin, in Douglas County. Utilities are separately metered, and the home provides ample off-street parking.
With two independently served units, the property suits buyers seeking an owner-occupant setup alongside rental income, or investors looking for a duplex structure that supports separate operations. The combination of dedicated garage space—one single-stall garage for Unit 716 and a two-stall garage for Unit 718—plus separate basement features adds practical flexibility for a range of tenant or household needs.
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 | $46.3k | $12.60 |
| − Vacancy | −$2.5k | −$0.69 |
| EGI | $43.7k | $11.91 |
| − OpEx | −$13.1k | −$3.57 |
| NOI | $30.6k | $8.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.052881
- Latitude
- 46.703099
