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For sale
  • $329,000

    1028 Banks Ave, Superior, WI 54880

    3beds
    4baths
    2,260sqft
    : 
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    Multi Family
    Built in 1914
    -- sqft lot
    $315,300 Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Solid well-maintained propertyTwo studio apartments
    Fully leased 5-plex in a prime Superior location! Situated on the corner of Banks Avenue and N 11th Street, this solid, well-maintained property features three 1-bedroom units and two studio apartments. The building offers a full poured-concrete basement and strong rental history. Several units have been updated, with opportunity to add value as others turn over. Per the seller, the Weil-McLain boiler and heating components have been upgraded, and the roof has been recently replaced. Currently generating approximately $3,935 per month in rental income with average monthly expenses of about $960 (utilities, taxes, and insurance) — this is a great opportunity for steady cash flow and continued equity growth!
    24 days
    |
    292
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Wilson 218-428-7528,

    RE/MAX Results

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126043MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      Heating
      • Hot Water, Natural Gas
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 2,260 sqft
      • Finished area above ground: 2,260
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 50 x 80
      Details
      • Parcel number: 068060022300

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Metal, Frame/Wood
      • Foundation: Concrete Perimeter
      Condition
      • Previously Owned
      • Year built: 1914

      Utilities & green energy

      • Electric: SWL&P
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Superior

      Financial & listing details

      • Price per square foot: $146/sqft
      • Annual tax amount: $3,510
      • Date on market: 6/13/2026
      • Cumulative days on market: 25 days
      • Tenant pays: Internet, Cable TV

        Estimated market value

        $315,300

        $300,000 - $331,000

        $1,206/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$329,000-6%$146/sqft
        Source: WIREX MLS #6126043 Report a problem
        2/8/2026Listing removed$800
        Source: Zillow Rentals Report a problem
        2/1/2026Listing removed$350,000$155/sqft
        Source: WIREX MLS #6122572 Report a problem
        1/28/2026Listed for rent$800-5.9%
        Source: Zillow Rentals Report a problem
        10/28/2025Price change$350,000-5.1%$155/sqft
        Source: WIREX MLS #6122572 Report a problem
        10/21/2025Listed for sale$369,000$163/sqft
        Source: WIREX MLS #6122572 Report a problem
        4/10/2025Listing removed$850
        Source: Zillow Rentals Report a problem
        4/2/2025Listed for rent$850
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 54880

        Getting around

        77 / 100
        Very Walkable
        28 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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