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3538 Douglas Ave
Racine, WI 53402
Douglas Terrace · Multifamily Property For Sale · 202 Units

INVESTMENT HIGHLIGHTS

  • Eight Buildings Feature 15 Distinct Floor Plans
  • Amenities Include a Brand-New Pool, Sundeck, and Dog Park
  • 42 Remodeled Units; 160 Units Present Value Add Opportunity

PROPERTY FACTS

No. Units 202
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.75 AC
Building Size 223,206 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 1966/1995
Parking Ratio 1.39/1,000 SF
Zoning R5

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Patio

SITE AMENITIES

  • Playground
  • Pool
  • Property Manager on Site
  • Package Service
  • Pet Play Area
  • Storage Space
  • Maintenance on site
  • Sundeck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 $968.50 450
1+1 110 $1,126 676 - 865
2+1 64 $1,188 779 - 993
2+2 4 $1,271 1,144 - 1,400
3+2 16 $1,469 1,185

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276-000021228007
Land Assessment
$201,500
Improvements Assessment
$2,873,600
Total Assessment
$3,075,100
  • Listing ID: 33356821

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 3538 Douglas Ave, Racine, WI 53402

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