Duplex With Detached
New
For Sale
$265,000
723 Clough Ave, Superior, WI 54880
Each residence has two bedrooms, a formal dining room, a living room, and one full bathroom.
Property Size1,581 SF
Days on Market4
Property Features for 723 Clough Ave
General Information
Standard status
Active
Size
1,581 SF
Total Parking Spaces
1
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,349
Amenities
laundry hook-ups
Building Details
Building Size
1,581 SF
Year Built
1904
Buildings
1
Listing Agency:
RE/MAX Results
Listed By:
Tom Acton · License #40200615|WI67860-94
(218) 310-8859
Source:
Visionsfirstrealty
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 6 at 2:30AM
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.
Built in 1904, this two-unit duplex has an upper and a lower apartment, each with two bedrooms, a formal dining room, a living room, and one full bathroom. The upper unit is vacant, and the lower unit is scheduled to be vacant on 11/1/26.
A shared rear entrance connects to the basement and the main-floor apartment. Basement features include laundry hookups for two machines. Both apartments have front access; the lower unit has two front doors, and the upper unit has rear stairs rebuilt in 2016. A detached garage serves the property. The exterior has vinyl siding, and the roof was replaced in 2006.
A shared rear entrance connects to the basement and the main-floor apartment. Basement features include laundry hookups for two machines. Both apartments have front access; the lower unit has two front doors, and the upper unit has rear stairs rebuilt in 2016. A detached garage serves the property. The exterior has vinyl siding, and the roof was replaced in 2006.
Key Highlights
- Two apartments, each with two bedrooms and one full bathroom
- Formal dining room and living room in both units
- Upper apartment is vacant; lower apartment scheduled to be vacant 11/1/26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,177
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,540
$263.5K
Cap Rate 7%
$188,243
$188.2K
Cap Rate 9%
$146,411
$146.4K
Market Conditions
NOI Build-Up for 1,581 SF
Gross rent
$19.9K $12.60/SF
− Vacancy
−$1.1K −$0.69/SF
EGI
$18.8K $11.91/SF
− OpEx
−$5.6K −$3.57/SF
NOI
$13.2K $8.33/SF
Area
Douglas County, WI
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,540
Cap Rate 7%
$188,243
Cap Rate 9%
$146,411
Alternative Uses
Best Use
Multifamily LT 5
$188.2K
$164.7K – $219.6K
NOI $13,177 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,598 @ 7.0% cap · market cap 4.38%
Theoretical Best
Specialty Retail
$498.5K
$436.2K – $581.6K
NOI $34,893 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
430
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has two bedrooms, a formal dining room, a living room, and one full bathroom.
Where is this duplex located?
The property is located at 723 Clough Ave Superior, WI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms and one full bathroom; Formal dining room and living room in both units; Upper apartment is vacant; lower apartment scheduled to be vacant 11/1/26
