1028 S Memorial DRIVE

Racine, WI 53403
Square Ft.
4,550
$350,000
Six unit multifamily investment opportunity. Favorable mix of 2 1 bedroom and 4 2 bedroom units with practical floor plans. Income growth through lease-up possible with four recently vacant units that are rent-ready with updated eat-in kitchens, paint and flooring. Two occupied units have long-term clients month-to-month. Plenty of off… Read MoreRead Less
Courtesy of Susan Anderson, Shorewest Realtors, Inc.
Listing Snapshot
Days Online
77
Last Updated
Property Type
Multi Family
Square Ft.
4,550
Lot Size
0.39 Acres
Year Built
1900
MLS Number
1970894
30 Days Snapshot Of 53403
$311k
-16%
(avg) sold price
14
+27%
homes sold
46
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Inclusions: All units have range/oven and refrigerator., Seller Owned: Water Heater
Basement
Block, Partial
Building
Built in 1900, 4,550 total sqft, 6 total units, Estimated age range: 21+ Years, Apartment Building, 3 - 4
Exterior Features
Vinyl
Water Features
Water front: N
Heating
Natural Gas
Heating & Cooling
Heating cooling: Forced Air
Lot
0.39 acres, Acreage: Less than 1/2, Acreage range: 0.0 to .499
Parking
Extra Space Available, Outdoor Space, Inside Parking, Outside
Property
Zoning: R3
Taxes
Total taxes: $4,846, Tax year: 2025
Utilities
Water waste: Municipal Sewer, Municipal Water
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