6-Unit Apartment
For Sale
$350,000
1028 S Memorial Dr, Racine, WI 53403
Four apartments feature refreshed kitchens, flooring, and paint; two units are occupied on month-to-month terms.
Property Size4,550 SF
Price / SF$76.92
Days on Market114
Property Features for 1028 S Memorial Dr
General Information
Standard status
Active
Size
4,550 SF
Property subtype
Multi Family Home
Zoning
R3
Units
Unit Mix
2 x 1BR, 4 x 2BR
Multifamily Units
6
Additional Details
Tenant in Place
Yes
Amenities
green space
Building Details
Building Size
4,550 SF
Year Built
1900
Listing Agency:
Shorewest Realtors, Inc.
(262) 884-8400
Listed By:
Susan Anderson
(262) 902-5334
Source:
Defererealestate
Added: Jul 9
Changed: Oct 29
Last Checked: Oct 29 at 7:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shorewest Realtors, Inc.
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Investment Insights
Based on property information with market context.
This 4,550-square-foot apartment property in Racine contains six units: two one-bedroom apartments and four two-bedroom apartments. Four units are vacant and have updated eat-in kitchens, new paint, and flooring. The other two apartments are occupied by long-term residents on month-to-month agreements. The building dates to 1900 and is zoned R3.
Residents have access to off-street parking behind the property, reached from the alley, along with shared green space.
Residents have access to off-street parking behind the property, reached from the alley, along with shared green space.
Key Highlights
- Six apartments: 2 one‑bedroom units and 4 two‑bedroom units
- 4,550 SF building constructed in 1900
- Four vacant units have updated eat‑in kitchens, paint, and flooring
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
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Business Placement
Demographics for 53403, WI
26,269
Population
11,876
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
88%
High-School Grad
10.2 sq mi
ZIP Area
2,575
Density / Sq Mi
$58,274
Median Household Income
$37,130
Median Earnings
$1,029
Median Rent
$159,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Four apartments feature refreshed kitchens, flooring, and paint; two units are occupied on month-to-month terms.
Where is this apartment building located?
The property is located at 1028 S Memorial Dr Racine, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Six apartments: 2 one‑bedroom units and 4 two‑bedroom units; 4,550 SF building constructed in 1900; Four vacant units have updated eat‑in kitchens, paint, and flooring
