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Duplex with Rented Lower Unit
For Sale
Contact for pricing
Pending

1636 S Memorial Dr, Racine, WI 53403

The lower unit has a long-term tenant, while the upper unit requires additional work.

Property SizeContact for details
Days on Market143

Property Features for 1636 S Memorial Dr

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence Will Need Some Work

Additional Details

Multifamily Units 2
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: Chris Slinker · License #WI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 4:49PM

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 Berkshire Hathaway HomeServices Metro Realty

Investment Insights

Based on property information with market context.

This duplex includes a lower unit currently occupied by a long-term tenant and an upper unit that requires work. The property offers two distinct residential units, with the existing tenancy providing current rental occupancy and the upper portion positioned for completion by a new owner.

The property is located at 1636 S Memorial Dr in Racine, Wisconsin. The available facts support a straightforward duplex configuration with one occupied unit and one unit needing further attention.

Key Highlights

  • Lower unit is occupied by a long‑term tenant
  • Upper unit requires work
  • Two‑unit residential property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The lower unit has a long-term tenant, while the upper unit requires additional work.
Where is this duplex located?
The property is located at 1636 S Memorial Dr Racine, WI.
What are key features of this property?
This property features: Lower unit is occupied by a long‑term tenant; Upper unit requires work; Two‑unit residential property
(262) 439-8897 Call to check price and availability
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