939 College AVENUE, Racine, WI 53403

Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: patricia lemke
Office: image real estate, inc.
MLS#:1945152
Source:Metro MLS
939 College AVENUE,Racine, WI 53403
$589,000
  • - Beds
  • - Baths
  • 5,017 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$589,000
  • Price per sq. ft.:$117.4

About this home

Great fully occupied investment opportunity. Beautiful Brick Building with 5 very unique units. Only blocks away from Lake Michigan, Downtown, and Gateway Technical College. This property offers one large 3/4-bedroom unit, and four one-bedroom units, along with a detached garage. All units include stove and refrigerator. Current rents total $4725/mo. Coin operated washer and dryer in basement for tenant convenance. There is also potential for a large storage/rental area in the basement. Owner is also including 2 vacant lots in this sale. Both lots are in Racine. 256 N.Memorial Dr & 1707 Spring Pl. 1707 is .21 acres, backs up to Root River and is suitable for a single or 2 family home. Memorial is .07 and suitable for a single-family home. So much potential here to grow your portfolio!

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Home facts

  • Year built:1920
  • Listing ID #:1945152
  • Added:47 day(s) ago
  • Updated:January 30, 2026 at 05:42 PM

Rooms and interior

  • Living area:5,017 sq. ft.

Heating and cooling

  • Heating:Hot Water/Steam, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:5,017 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$117.4
  • Tax amount:$6,844 (2024)
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