Closed
$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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Owner options
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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#: 1899568
Originating 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
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $605,000-5.5% |
Source: | ||
| 12/9/2024 | Contingent | $640,000 |
Source: | ||
| 12/1/2024 | Listed for sale | $640,000 |
Source: | ||
| 11/22/2024 | Contingent | $640,000 |
Source: | ||
| 11/15/2024 | Listed for sale | $640,000+141.5% |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 5/10Fratt Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 3/10Starbuck Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Case High SchoolGrades: 9-12Distance: 1.7 mi
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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$892,400
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$910,248


