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!
For sale
$329,000
1028 Banks Ave, Superior, WI 54880
3beds
4baths
2,260sqft
Multi Family
Built in 1914
-- sqft lot
$315,300 Zestimate®
$146/sqft
$-- HOA
What's special
Solid well-maintained propertyTwo studio apartments
- 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#: 6126043
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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
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Listed for sale | $329,000-6%$146/sqft |
Source: | ||
| 2/8/2026 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 2/1/2026 | Listing removed | $350,000$155/sqft |
Source: | ||
| 1/28/2026 | Listed for rent | $800-5.9% |
Source: Zillow Rentals Report a problem | ||
| 10/28/2025 | Price change | $350,000-5.1%$155/sqft |
Source: | ||
| 10/21/2025 | Listed for sale | $369,000$163/sqft |
Source: | ||
| 4/10/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 4/2/2025 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54880
Nearby schools
GreatSchools rating
- 7/10Cooper Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Superior Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Superior High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Douglas County
- Superior
- 54880
- 1028 Banks Ave






