1116 Grove Ave, Unit 1118 Racine, WI $ 419,900
1116 Grove Ave, Unit 1118
$ 419,900
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1116 Grove Ave, Unit 1118

Racine, WI, 53405
$ 419,900
Bedrooms1 Baths1.0 Sq 2,002

Monthly Estimate*

$ 2,585

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Multi-Family Home for sale in Racine, WI

for $419,900 with 1 bedroom and 1 full bath. This 2,002 square foot home was built in 1969 on a lot size of 0.11.

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

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Multi-Family Active

Price

$ 419,900

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,533

Style

Apartment Building

Lot Size

0.11

Year Built

1969

Town/City

Racine

County/Region

Racine

MLS | Web ID

1956721

Features
Interior
Basement None
Total Number of Units 4
Heating/Cooling Central Air Electric Indiv. Heating Units Natural Gas Wall/Sleeve Air
Stories 1-2 Stories
Type 1 Units 2.00
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Exterior
Exterior Brick Low Maintenance Trim Wood
Flood Plan No
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General
Zoning mixed-use
Year Built 1969
County Racine
Type Apartment Building
Property Type D
Unit Number 1118
Municipality City
Tax Year 2025
Garage/Parking Near Public Transit Outdoor Space
Directions Washington Ave to Grove N on Grove to property.
City Racine
Taxes 7533.00
School District Racine Unified
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* Excluded Features
List By
Realty One Group Boardwalk

Broker

darryl@wisconsinhome.info

Email

Affordability Calculator

$3,213
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,585
Monthly Property Taxes
$628
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/8/2026$419,900 Listed Price

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1116 Grove Ave, Unit 1118, Racine, WI, 53405 is a Multi-Family Home for sale at $419,900 with 2,002 sqft and a lot size of 0.11. 1116 Grove Ave, Unit 1118 has 1 bedrooms, 1.0 baths, and was built in 1969. The property's zip code is 53405 which is in Racine, WI