Great income producing property! Units 1 and 2 are large four bedroom units, unit 3 is two bedrooms. All units are occupied. Current rents are $3185/month. All units have separate electric, furnace and water heater. Tenants pay gas and electric, owner pays water and sewer. Basement has coin operated laundry. Electrical updated, new renovations to units 1 & 2. Opportunity to finish a 4th unit in basement with separate access.
Closed
$232,000
1563 Packard AVENUE, Racine, WI 53403
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1910
-- sqft lot
$293,600 Zestimate®
$--/sqft
$1,264 Estimated rent
Home value
$293,600
$267,000 - $329,000
$1,264/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 14, 2023 at 03:03pm
Listed by:
Sara Lyle,
ReBelle Realty
Bought with:
Gage Lueke
Source: WIREX MLS,MLS#: 1850277
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dryer, Washer
Features
- Basement: Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 4,356 sqft
Details
- Parcel number: 09606000
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Partial-Aluminum, Partial-Vinyl, Partial-Wood
Condition
- 21+ Years
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Listing removed | $1,400 |
Source: Zillow Rentals | ||
| 6/12/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals | ||
| 11/1/2023 | Sold | $232,000-0.9% |
Source:  WIREX MLS #1850277 | ||
| 9/18/2023 | Contingent | $234,000 |
Source: WIREX MLS #1850277 | ||
| 9/14/2023 | Listed for sale | $234,000+39.7% |
Source: WIREX MLS #1850277 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 2/10Knapp Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NAWalden Iii Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.4 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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$293,600
2% more+ $5,872
With Zillow Showcase(estimated)
$299,472