Three-Unit Property Needing
For Sale
$99,900
Pending
1220 N Memorial Drive, Racine, WI 53404
Multifamily property with three vacant units, each offering three bedrooms and one full bathroom.
Property SizeContact for details
Days on Market13
Property Features for 1220 N Memorial Drive
General Information
Standard status
Pending
Property subtype
Residential Income
Property Condition
Severity
Major Repairs Needed
Evidence
Need a complete rehab inside out
Units
Unit Mix
3 x 3BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,632
Building Details
Buildings
2
Listing Agency:
Homestead Realty, Inc
(414) 335-1666
Listed By:
Zheng Wang · License #97391-94
(414) 335-1666
Source:
Exprealty
Added: Aug 20
Changed: Aug 31
Last Checked: Aug 31 at 12:01AM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
This three-unit multifamily property includes two residences within the front structure and a separate dwelling positioned toward the rear alley. Each unit is configured with three bedrooms and one full bathroom. All three units are currently vacant, and the improvements require comprehensive interior and exterior rehabilitation.
Located at 1220 N Memorial Drive in Racine, Wisconsin, the property is being offered in its existing as-is condition. The three-unit layout provides a defined residential income configuration for a buyer prepared to complete the required work.
Located at 1220 N Memorial Drive in Racine, Wisconsin, the property is being offered in its existing as-is condition. The three-unit layout provides a defined residential income configuration for a buyer prepared to complete the required work.
Key Highlights
- Three‑unit multifamily property at 1220 N Memorial Drive, Racine, WI 53404
- Front structure contains two residential units
- Separate rear dwelling accessed near the back alley
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 53404, WI
15,532
Population
5,110
Households
3
Avg Household Size
32
Median Age
13%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
3,170
Density / Sq Mi
$47,714
Median Household Income
$35,419
Median Earnings
$968
Median Rent
$126,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with three vacant units, each offering three bedrooms and one full bathroom.
Where is this triplex located?
The property is located at 1220 N Memorial Drive Racine, WI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Three‑unit multifamily property at 1220 N Memorial Drive, Racine, WI 53404; Front structure contains two residential units; Separate rear dwelling accessed near the back alley
