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$475,000 Just Listed
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Property Description
Six unit multifamily investment opportunity. Favorable mix of 2 1 bedroom and 4 2 bedroom units with practical floor plans. Income growth through lease-up possible with four recently vacant units that are rent-ready with updated eat-in kitchens, paint and flooring. Two occupied units have long-term clients month-to-month. Plenty of off street parking off the alley in the back and green space for tenants to enjoy.
Full Property Details
Full Property Details for 1028 S Memorial Dr
General
- Price: $475,000
- Taxes: $4,846 (2025)
- Status: Active
- Type: Apartment
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1970894
- Updated: 7/9/2026
- Added to Site: 4 day(s) ago
Parking
- Uncovered Spaces: 8
- Parking Features: Extra Space Available, Near Public Transit, Outdoor Space
Location
- County: Racine
- Driving Directions: S. Memorial Dr. between 10th and 11th St. on the west side of the street. Access off street parking through the alley on Harbridge Ave. - 1028 S. Memorial Drive.
School Information
- School District: Racine Unified
Heating & Cooling
- Heating/Cooling: Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Vinyl
- Basement Desc.: Block, Partial
- Stories Description: 3 to 4 Stories
- Year Built: 1900
Unit Information
Unit 1
- Number of Units: 2
- Unit Description: 1 Bath, 1 Bedroom, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: Not Availa
Unit 2
- Number of Units: 4
- Unit Description: 1 Bath, 2 Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
- Square Feet: Not Availa
Lot Features
- Lot Size (Acres): 0.39
- Zoning: R3
Financial Considerations
- Tax Amount: $4,846
- Tax Year: 2025
Listed by Shorewest Realtors, Inc.
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Schools
Schools serving 1028 S Memorial Dr
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Janes Elementary School 1425 North Wisconsin Street, Racine, WI 53402 | K-5 | 1.5 mi |
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 1.6 mi |
Park High School 1901 12th Street, Racine, WI 53403 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1028 S Memorial Dr
Date
Details
Price
Change
Source
7/09/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1028 S Memorial Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,846
10%
$185,900
10%
2024
$4,422
9%
$169,000
15%
2023
$4,070
15%
$147,000
15%
2022
$3,553
2%
$128,000
15%
2021
$3,478
16%
$111,000
14%
2020
$2,995
15%
$97,000
17%
2019
$2,595
-51%
$83,000
11%
2018
$5,264
46%
$75,000
4%
2017
$3,607
-31%
$72,000
—
2016
$5,200
4%
$72,000
—
2015
$5,004
-9%
$72,000
—
2014
$5,490
-3%
$72,000
-3%
2013
$5,677
—
$74,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1028 S Memorial Dr
1028 S Memorial Dr, Racine, WI 53403 (MLS# 1970894) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1028 S Memorial Dr is currently listed for $475,000 and was received on July 09, 2026. Want to learn more about 1028 S Memorial Dr? Do you have questions about finding other Apartment real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

