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Active
  • $589,000

    939 College AVENUE, Racine, WI 53403

    --beds
    --baths
    --sqft
    : 
    Multi Family, Apartment
    Built in 1920
    -- sqft lot
    $566,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Detached garageFour one-bedroom unitsBeautiful brick building
    Great fully occupied investment opportunity. Beautiful Brick Building with 5 very unique units. Only blocks away from Lake Michigan, Downtown, and Gateway Technical College. This property offers one large 3/4-bedroom unit, and four one-bedroom units, along with a detached garage. All units include stove and refrigerator. Current rents total $4725/mo. Coin operated washer and dryer in basement for tenant convenance. There is also potential for a large storage/rental area in the basement. Owner is also including 2 vacant lots in this sale. Both lots are in Racine. 256 N.Memorial Dr & 1707 Spring Pl. 1707 is .21 acres, backs up to Root River and is suitable for a single or 2 family home. Memorial is .07 and suitable for a single-family home. So much potential here to grow your portfolio!
    43 days
    |
    587
    |
    26
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 14, 2025 at 09:27am

    Listed by:

    Patricia Lemke 262-770-9570,

    Image Real Estate, Inc.

    Source: WIREX MLS,MLS#: 1945152MLS LogoOriginating MLS: Metro MLS

    Tour with a local agent

    Facts & features

    Interior

    Heating
    • Natural Gas, Hot Water/Steam
    Appliances
    • Included: Dryer, Washer
    Features
    • Basement: Full
    • Has fireplace: No

    Property

    Parking
    • Parking features: No Garage, Inside Parking, Outside
    Lot
    • Size: 6,534 Square Feet
    Details
    • Additional parcels included: 06026000,08313000
    • Parcel number: 00559000
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick/Stone, Brick
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Racine
    • Municipality: Racine

    Financial & listing details

    • Annual tax amount: $6,844
    • Date on market: 12/14/2025
    • Inclusions: 5 Stoves, 5 Refrigerators, 1 Dishwasher, 1-Coin Operated Washer, 1-Coin Operated Dryer.
    • Exclusions: Tenants Personal Property.
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
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    Estimated market value

    $566,800

    $538,000 - $595,000

    $1,311/mo

    Price history

    Price history
    DateEventPrice
    12/14/2025Listed for sale$589,000+48.7%
    Source: WIREX MLS #1945152 Report a problem
    6/14/2021Sold$396,000+10%
    Source: WIREX MLS #1736317 Report a problem
    5/4/2021Pending sale$359,900+80.9%
    Source: WIREX MLS #1736317 Report a problem
    3/11/2021Listing removed--
    Source: Zillow Rental Network Premium_1 Report a problem
    2/10/2021Price change$1,200+77.8%
    Source: Zillow Rental Network Premium_1 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $3,704/mo
    Principal & interest
    $2757
    Property taxes
    $741
    Home insurance
    $206

      Climate risks

      Neighborhood: Live Towerview

      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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