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5701-5703 Banks Avenue Superior, WI $ 239,900
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$ 239,900 Get more info
5701-5703 Banks Avenue
$ 239,900
Back to search
Share Save

5701-5703 Banks Avenue

Superior, WI, 54880
$ 239,900
Bedrooms7 Baths4.0 Sq 2,472

Monthly Estimate*

$ 1,657

5701-5703 Banks Avenue, Superior, WI 54880 - Image 1
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5701-5703 Banks Avenue, Superior, WI 54880 - Image 10

Multi-Family Home for sale in Superior, WI

for $239,900 with 7 bedrooms and 4 full baths. This 2,472 square foot home was built in 1890 on a lot size of 0.161.

Turnkey investment opportunity in Superior! This side by side duplex at 5701-5703 Banks Ave is fully leased, with both units under lease through 2027 for a combined $3,010/month ($36,120/year). The lower unit offers 4 bedrooms and 2 baths, and the upper unit features 3 bedrooms and 2 baths, rare for a duplex and a strong draw for tenants. Tenants pay electric, gas, water, sewer and trash, keeping owner expenses to a minimum. Additional highlights include low-maintenance vinyl exterior and off-street parking for 4 vehicles. A solid, low-maintenance addition to any portfolio with stable income in place from day one. Leases must be honored. Call today for financials.

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Multi-Family Coming Soon

Price

$ 239,900

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,965

Style

Duplex Up and Down

Lot Size

0.161

Year Built

1890

Town/City

Superior

County/Region

Douglas

MLS | Web ID

7160540
Features
General
Living Area 2472
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Frame
Year Built 1890
Tenant Pays Electricity Fuel Sewer Trash Collection Water
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2025
Gross Income 35385.05
Accessibility None
County Douglas
Net Operating Income 3510.55
Operating Expense 31874.5
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 21210.37
Subdivision Name South Superior La Belle Div Place
Directions Banks Ave and 57th St.
City Superior
High School District Superior
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2965
Electric Expense 1639.11
Fuel Expense 2394.6
Trash Expense 516
Water Sewer Expense 1380.66
Additional Parcels Y/N N
Standard Status Coming Soon
Lender Owned No
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Interior
Basement Full
Basement (Y/N) Y
Above Grade Finished Area 2472
Total Bedrooms 7
Below Grade Finished Area 0
Total Baths 4
Foundation Dimensions 26x42
Fuel Natural Gas
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Exterior
Parking Features Other
Water Source City Water/Connected
Lot Size Area 0.161
Building Area Total 3564
Lot Dimensions 50x140
Waterfront Y/N N
Foundation Area 1092
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Internal Only
Street Number 1 5701
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* Excluded Features
List By
Re/Max Results

Broker

jordan@decarorealestate.com

Email

Affordability Calculator

$1,904
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,657
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048322 Elementary School
3048550 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/15/2026$239,900 Listed Price

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5701-5703 Banks Avenue, Superior, WI, 54880 is a Multi-Family Home for sale at $239,900 with 2,472 sqft and a lot size of 0.161. 5701-5703 Banks Avenue has 7 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 54880 which is in Superior, WI

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