$4,144 Closing Credit¹
#1916311, Chris Slinker, Listing office: Berkshire Hathaway HomeServices Metro Realty
$5,750,000 List price
1422 E Racine Ave Waukesha, WI 53186
37,770 sqft
1.8 acres
$152 / sqft
Multi-Family
Property details
About 1422 E Racine Ave
Great Investment Opportunity! Hickory Hill Apartments is a 36-unit, all brick, 3-story building with 26-car underground parking and an elevator along with 24 car outdoor parking spaces. It consists of 22-two bedroom units and 14-one bedroom units. Laundry Room with coin operated washers and dryers included, to produce more income. Newer roof (2022), newer water heaters (2019 and 2024). Great location in wooded setting makes the units easily rentable.
Highlights
Home typeMulti Family
HeatingHot Water, Steam, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size37,770 sqft
BasementYes
Lot size1.78 Acres
Year built1970
ParkingUnderground Garage, Outdoor Space,Inside Parking,Outside
MLS #1924362
Summary
- Appliances: Dryer, Washer, Water Heater
- Basement: Yes
- Interior: Water Softener, Elevator
- Parking: Underground Garage, Outdoor Space,Inside Parking,Outside
- Heating: Hot Water, Steam, Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $5,750,000
- Price/SqFt: $152
- Annual Tax Amount: $51,022
- Tax Year: 2023
- Directions: E. Racine Avenue to 1422 East Racine Avenue, Waukesha, WI 53186
- Year Built: 1970
- Living Area: 37,770 SqFt
- Municipality: Waukesha
- Lot Size: 1.78 Acres
- MLS Number: 1924362
- MLS Name: WIREX_METRO
- Office Name: Shorewest Realtors, Inc.
- Office Email: PropertyInfo@shorewest.com
- Listing Agent: The Roth Team*
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/29/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,750,000
1422 E Racine Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 12, 2001 | Home Sold | $2,070,000 |
| Jul 05, 2000 | Home Sold | $1,742,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $3,355,700 | $51,022 |
| 2022 | $2,292,200 | $46,000 |
| 2021 | $2,292,200 | $50,554 |
| 2020 | $2,292,200 | $48,439 |
| 2019 | $2,292,200 | $44,376 |
| 2018 | $2,142,200 | $42,124 |
| 2017 | $2,142,200 | $41,687 |
History based on county public records data.
Nearby schools
3
Heyer Elementary School
Public District PK-5
0.6 mi
•1209 Heyer Dr
3
Hadfield Elementary School
Public District PK-5
0.9 mi
•733 Linden St
3
Whittier Elementary School
Public District PK-5
1.0 mi
•1103 S East Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,723. The most common annual income of people living in Waukesha, WI is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
32%
<35k
57%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
6%
Single, with Kids
24%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Chipotle
Bonefish Grill
What do the neighbors drive?
Oldsmobile
Mazda
Lincoln
What do the neighbors listen to?
News
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1422 E Racine Ave
The listing price of 1422 E Racine Ave property is $5,750,000.
The property 1422 E Racine Ave is a multi located in Waukesha, Wisconsin, 53186.
Active Listing: 1422 E Racine Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1422 E Racine Ave are: Heyer Elementary School (GreatSchools Rating 3/10), Hadfield Elementary School (GreatSchools Rating 3/10), Whittier Elementary School (GreatSchools Rating 3/10), Waukesha STEM Academy (GreatSchools Rating 6/10), La Casa de Esperanza Charter School (GreatSchools Rating 3/10), Les Paul Middle School (GreatSchools Rating 4/10), Waukesha Engineering Preparatory Academy (GreatSchools Rating 9/10), Waukesha Academy of Health Professions (GreatSchools Rating 7/10), South High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $51,022 (source: MLS/based on county public records data).
The last sale was on September 12, 2001 for $2,070,000 (source: MLS/tax record).
The property 1422 E Racine Ave is 37,770 SqFt (source: MLS/tax record).
The year of construction for 1422 E Racine Ave is 1970.
This home is located at 1422 E Racine Ave in Waukesha, WI and zip code 53186. This 37,770 square foot home, which was built in 1970, sits on a 1.78 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $5,750,000.
Waukesha, WI housing market in May 2025 saw over 48 listings sold above listed price, more than 13 sold at listed price and over 12 sold below. In May 2025 in Waukesha, WI there were 73% more homes for sale than in April.
From Rocket Homes Real Estate and based on county public records data.