Cash flowing investment opportunity, perfect addition to your portfolio! Front units have 1 bedroom with one full bathroom, living room, dining space, and an eat in kitchen. Third unit on second floor features two bedrooms, one full bathroom, large living room, and an eat in kitchen. Off street parking for 3-4 cars. Tenants are long term and would love to stay! Building has some updated plumbing. Well cared for building with low maintenance.
Closed
$160,000
1613 South Memorial DRIVE, Racine, WI 53403
--beds
--baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$112,200 Zestimate®
$--/sqft
$1,194 Estimated rent
Home value
$112,200
$100,000 - $126,000
$1,194/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 23, 2025 at 08:50am
Listed by:
Cierra Burmeister PropertyInfo@shorewest.com,
Shorewest Realtors, Inc.
Bought with:
Rachel Schreiner
Source: WIREX MLS,MLS#: 1895937
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Seller Leased: Water Heater, Seller Owned: Water Heater
Features
- Basement: Brick,Full,Walk-Out Access
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Outdoor Space, Inside Parking, Outside
Lot
- Size: 4,356 sqft
Details
- Parcel number: 276000013347000
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $160,000-3% |
Source:  WIREX MLS #1895937 Report a problem | ||
| 11/18/2024 | Contingent | $165,000 |
Source: WIREX MLS #1895937 Report a problem | ||
| 11/7/2024 | Price change | $165,000-5.7% |
Source: WIREX MLS #1895937 Report a problem | ||
| 10/17/2024 | Listed for sale | $175,000 |
Source: WIREX MLS #1895937 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,885 +4.3% | $100,400 +9.1% |
| 2023 | $2,766 +10.9% | $92,000 +9.5% |
| 2022 | $2,493 -1.5% | $84,000 +10.5% |
Find assessor info on the county website
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 2/10Knapp Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NARacine Civil Leaders AcademyemyGrades: PK-7Distance: 0.8 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.5 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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$112,200
2% more+$2,244
With Zillow Showcase(estimated)$114,444