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Listing provided courtesy of Smart Asset Realty IncMetro MLS- MLS# 1952908MLS Provider

831 College Ave, 833Racine, WI 53403

Multi-Family · 0.11 Acres
$799,000 Active

831 College Ave, 833 Overview

Time on Site:
115 days
Visits:
8

Solid 12-unit brick apartment building in Racine, ideally located near Lake Michigan. All units feature 1 bedroom and 1 bathroom with practical layouts and and original woodwork. This property offers consistent rental income and strong tenant appeal. Close to the lakefront, parks, downtown amenities, and public transportation. A great investment opportunity in a high-demand area.

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831 College Ave, 833 Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

School Information

  • School District: Racine Unified
  • Middle Or Junior School: Starbuck
  • High School: Case

Income/Expenses

  • Gross Scheduled Income: 102420
  • Net Operating Income: 60724
  • Operating Expense: 37599

Building Information

  • Year Built: 1928

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

General Information

  • Exclusions: Seller/tenant personal property
  • Inclusions: 12 stoves/12 fridges
  • Parcel Number: 00446000
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Parking Information

    • Parking Features: None,Near Public Transit

    Lot Information

    • Lot Size Acres: 0.11
    • Lot Size Area: 0.11
    • Lot Size Square Feet: 4791.6
    • Lot Size Units: Acres

    Building Exterior/Construction

    • Attached Garage: false
    • Construction Materials: Brick

    General Information

    • Sewer: Municipal Sewer

    831 College Ave, 833 Neighborhood

    Community

    53403 (Mount Pleasant) Demographics

    34
    Median Age
    1,991
    Population Density (per sq. mile)
    32%
    College Educated
    $41,157
    Estimated Median Income
    4,974
    Estimated Total Home Owners
    5,432
    Estimated Total Renters
    48% / 52%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    831 College Ave, 833 Monthly Cost

    $
    $ %
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    $
    Eric Nowik
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    831 College Ave, 833 Market Data

    Based on the last 30 days in this zip code

    $378,021
    Average List Price
    $190
    Average Price per Square Foot
    18
    Properties Sold
    49
    Average Days on Market
    72
    Properties for Sale
    Calculations provided by Reliance Network

    831 College Ave, 833 History

    Date Event Value Agent
    3/11/2026Source: Metro MLS Status Change
    Closed
    3/11/2026Source: Metro MLS Status Change
    Closed
    3/6/2026Source: Metro MLS Added to Database
    March 06, 2026
    11/6/2025Source: Metro MLS Added to Database
    November 06, 2025
    11/6/2025Source: Metro MLS Added to Database
    November 06, 2025