1639 Douglas AVENUE, Racine, WI 53404
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by:geoffry stuhr
Office:smart asset realty inc
MLS#:1930004
Source:Metro MLS
1639 Douglas AVENUE,Racine, WI 53404
$1,295,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,295,000
About this home
Stabilized 34-Unit (Multifamily + Commercial) with New Roof & Proven Cash Flow. Smart investors: welcome to 1639 Douglas Ave, Racine, WI--a stabilized and cash-flowing multifamily investment with immediate income and long-term upside. This 34-unit property (plus rentable commercial suite) has maintained consistently strong occupancy, & offers future rent growth potential through light operational improvements. 32 Residential units + 2 Commercial units (one is management office). New roof 2023 - major capex item off the table. Monthly gross rent: $17,700 & room to grow. Professional management willing to stay on for seamless transition.
Contact an agent
Home facts
- Year built:1928
- Listing Id #:1930004
- Added:7 day(s) ago
- Updated:August 14, 2025 at 03:22 PM
Heating and cooling
- Heating:Electric, Individual Heating Units
Structure and exterior
- Year built:1928
- Lot area:0.4 Acres
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$1,295,000
- Tax amount:$18,577 (2024)
New listings near 1639 Douglas AVENUE
$265,000Active1 Acres7007-7017 DOUGLAS AVENUE, Racine, WI 53402
MLS# 1931010Listed by: RE/MAX NEWPORT- New
$395,000Active3 beds 2 baths2,320 sq. ft.2120 Fireside DRIVE, Racine, WI 53402
MLS# 1930973Listed by: LANNON STONE REALTY LLC - New
$200,000Active4 beds 1 baths1,085 sq. ft.1913 Jerome Blvd, Racine, WI 53403
MLS# 1930963Listed by: RE/MAX NEWPORT - New
$325,000Active3 beds 2 baths1,942 sq. ft.1213 College Ave, Racine, WI 53403
MLS# 1930945Listed by: KELLER WILLIAMS MILWAUKEE SOUTH SHORE - New
$149,000Active2 beds 1 baths1,161 sq. ft.1921 Case AVENUE, Racine, WI 53403
MLS# 1930854Listed by: PARKWAY REALTY, LLC - New
$249,000Active-- beds -- baths945 N Memorial DRIVE, Racine, WI 53404
MLS# 1930840Listed by: SORENSON REALTY ASSOCIATES, LLC 
$140,000Active2 beds 2 baths1,218 sq. ft.111 11th STREET #4BN, Racine, WI 53403
MLS# 1930803Listed by: KELLER WILLIAMS THRIVE-CALEDONIA- New
$268,900Active3 beds 1 baths1,263 sq. ft.3620 Lindermann Ave, Racine, WI 53405
MLS# 1930622Listed by: FIRST WEBER INC- RACINE 
$250,000Active3 beds 2 baths1,506 sq. ft.2100 Carlisle AVENUE, Racine, WI 53404
MLS# 1930594Listed by: RE/MAX NEWPORT- New
$234,900Active4 beds 3 baths1,465 sq. ft.1519 Boyd AVENUE, Racine, WI 53405
MLS# 1929377Listed by: IMAGE REAL ESTATE, INC.
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each Office is Independently Owned and Operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.