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939 College Ave Racine, WI $ 589,000
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$ 589,000 Get more info
939 College Ave
$ 589,000
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939 College Ave

Racine, WI, 53403
$ 589,000
Bedrooms3 Baths0.0 Sq 3,502

Monthly Estimate*

$ 3,675

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Multi-Family Home for sale in Racine, WI

for $589,000 with 3 bedrooms. This 3,502 square foot home was built in 1920 on a lot size of 0.15.

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!

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Multi-Family Active

Price

$ 589,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 6,844

Style

Apartment Building

Lot Size

0.15

Year Built

1920

Town/City

Racine

County/Region

Racine

MLS | Web ID

1945152
Features
Interior
Basement Full
Total Number of Units 5
Heating/Cooling Hot Water/Steam Natural Gas
Stories 1-2 Stories
Type 1 Units 1.00
Type 2 Units 4.00
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Exterior
Exterior Brick
Flood Plan No
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General
Zoning R4
Year Built 1920
County Racine
Type Apartment Building
Property Type D
Municipality City
Tax Year 2024
Garage/Parking None
Directions Main St to 10th then West 2 blocks.
City Racine
Taxes 6844.00
School District Racine Unified
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* Excluded Features
List By
Image Real Estate, Inc.

Broker

pattyimage@aol.com

Email

Affordability Calculator

$4,245
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,675
Monthly Property Taxes
$570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1167957 Elementary School
1167829 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/14/2025$589,000 Listed Price

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939 College Ave, Racine, WI, 53403 is a Multi-Family Home for sale at $589,000 with 3,502 sqft and a lot size of 0.15. 939 College Ave has 3 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 53403 which is in Racine, WI

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