''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.
Active
$2,300,000
3111 Wheelock DRIVE, Racine, WI 53405
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1962
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern appliancesNew lighting packagesConvenient laundry facilitiesIn-unit air conditioningGranite countertopsRefreshed bathrooms
- 431 days |
- 153 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: September 27, 2025 at 03:03am
Listed by:
Karen Sorenson office@remaxnewport.com,
RE/MAX Newport
Source: WIREX MLS,MLS#: 1897298
Originating MLS: Metro MLS
Originating MLS: Metro MLSTour with a local agent
Facts & features
Interior
Heating
- Natural Gas, Forced Air, Individual Heating Units
Cooling
- Individual Heating Units, Wall/Sleeve Air
Appliances
- Included: Dryer, Washer
Features
- Basement: Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.54 Acres
Details
- Additional parcels included: 23871005
- Parcel number: 23871001
- 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: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Tax assessed value: $519,000
- Annual tax amount: $23,476
- Date on market: 10/25/2024
Estimated market value
Not available
Estimated sales range
Not available
$1,335/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2024 | Listed for sale | $2,300,000+462.3% |
Source:  WIREX MLS #1897298 Report a problem | ||
| 5/1/2019 | Sold | $409,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,493 +9.1% | $519,000 +15.1% |
| 2023 | $11,451 +14.3% | $451,000 +15.1% |
| 2022 | $10,016 -2.8% | $392,000 +9.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,580/mo
Principal & interest
$8919
Property taxes
$2856
Home insurance
$805
Climate risks
Neighborhood: 53405
Nearby schools
GreatSchools rating
- 2/10Jones Elementary SchoolGrades: PK-5Distance: 0.8 mi
- NAMitchell Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Park High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Mitchell
- Middle: Mitchell
- High: Park
- 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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