1028 Banks Avenue

Superior WI 54880

250 sq. ft.

0.09 ac.

Multi-Family

Last sold for $220,000

Megan Wilson, last sold this property on 18 September 2026 after 330 days on market.

Overview

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!

Features

3 bedrooms

4 bathrooms

250 sq. ft. floor area

0.09 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Superior over the last 12 months, the estimated median property value of 1028 Banks Avenue is $206.13k.

Median value

$206.13k

Estimated value range

$165k - $260k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Superior. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1028 Banks Avenue

2026

Sold

$220,000

18 Sep 2026 by Megan Wilson, of RE/MAX Results

Happy sellers in Superior

We have insufficient information to provide an overview of customer satisfaction for Superior. Viewing the agent profiles, reviews and sales for Superior can provide insights for this location.