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  • $605,000

    1863 Roosevelt AVENUE, Racine, WI 53406

    --beds
    --baths
    --sqft
    Multi Family, Apartment
    Built in 1978
    -- sqft lot
    $892,400 Zestimate®
    $--/sqft
    $1,296 Estimated rent

    Home value

    $892,400

    $723,000 - $1.08M

    $1,296/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,847/mo

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    $3,847/mo

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    What's special

    What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.

    Zillow last checked: 8 hours ago

    Listing updated: July 07, 2025 at 09:28am

    Listed by:

    Richard Fandry Jr PropertyInfo@shorewest.com,

    Shorewest Realtors, Inc.

    Bought with:

    Jatinder Mangat

    Source: WIREX MLS,MLS#: 1899568MLS LogoOriginating MLS: Metro MLS

    Facts & features

    Interior

    Heating
    • Electric
    Appliances
    • Included: Dryer, Washer, Seller Owned: Water Heater
    Features
    • Basement: Full
    • Has fireplace: No

    Property

    Parking
    • Parking features: Outdoor Space, Inside Parking, Outside
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 22891006
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Aluminum/Steel, Aluminum Siding, Brick/Stone, Brick, Partial-Aluminum
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Racine
    • Municipality: Racine

    Price history

    DateEventPrice
    12/31/2024Sold$605,000-5.5%
    Source: WIREX MLS #1899568
    12/9/2024Contingent$640,000
    Source: WIREX MLS #1899568
    12/1/2024Listed for sale$640,000
    Source: WIREX MLS #1899568
    11/22/2024Contingent$640,000
    Source: WIREX MLS #1899568
    11/15/2024Listed for sale$640,000+141.5%
    Source: WIREX MLS #1899568

    Public tax history

    YearProperty taxesTax assessment
    2024$12,934 +12.9%$519,000 +15.1%
    2023$11,451 +14.3%$451,000 +15.1%
    2022$10,016 -3.8%$392,000 +8.3%

    Find assessor info on the county website

    Neighborhood: 53406

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Racine

    Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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    Get a free Zillow Showcase℠ listing and you could sell for .
    $892,400
    2% more+ $17,848
    With Zillow Showcase(estimated)
    $910,248