Duplex with Detached
New
For Sale
$265,000
723 Clough Ave, Superior, WI 54880
MULTI-FAMILY, Superior, WI
Property Size1,581 SF
Lot Size0.08 Acres
Price / SF$167.62
Days on Market2
Property Features for 723 Clough Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bathroom 1
Parking features
Driveway, Off Street
Basement
Concrete, Unfinished
Lot features
Tree Coverage - Medium, Level
Elementary school district
Superior (WI) #5663
Middle school district
Superior (WI) #5663
High school district
Superior (WI) #5663
Directions
From Hammond Ave, head east on N 5th, right on Clough, house is on the right
Subdivision
LSAR
Standard status
Active
APN
03-803-00950-00
Size
1,581 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2349
Utilities
Heating system
Natural Gas, Forced Air
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 829-2900
Listed By:
Tom Acton · License #40200615|WI67860-94
(218) 310-8859
Added: Oct 4
Last Checked: Oct 5 at 4:06PM
MLS# 6128320
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 two-unit, up-and-down duplex contains 1,581 square feet on a 0.08-acre lot. Each apartment has two bedrooms, a full bathroom, a living room, and a formal dining room. Both units have front access, and the lower apartment has two front doors. A shared rear entry connects to the full basement, which has laundry hookups for two machines. The upper apartment also has rear stairs rebuilt in 2016. A detached garage, driveway, and off-street parking serve the property.
The exterior has vinyl siding and a shingle roof. The roof was replaced in 2006, according to building permit research. Heating is natural gas with forced air. The upper apartment is vacant; the lower apartment is scheduled to be vacant 11/1/26.
The exterior has vinyl siding and a shingle roof. The roof was replaced in 2006, according to building permit research. Heating is natural gas with forced air. The upper apartment is vacant; the lower apartment is scheduled to be vacant 11/1/26.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bathroom
- 1,581 square feet on a 0.08‑acre lot
- Detached garage, driveway, and off‑street parking
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has two bedrooms, a full bathroom, a living room, and a formal dining room.
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 2 bedrooms and 1 full bathroom; 1,581 square feet on a 0.08‑acre lot; Detached garage, driveway, and off‑street parking
