2 Days Ago
Location
512 16th St, Racine, WI 53403, USA
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Property Overview
The property at 512-514 16th St. holds a solid Zumper Expert Rating, reflecting its appeal in the current market. Key pros include its multi-unit layout, which offers diverse investment opportunities and potential for rental income. Notable features further enhance its desirability, making it a noteworthy option for prospective buyers or investors.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 904 sqft | $895 /mo | 1 unit available | Leasing Agent Dreama: 404-405-8744 - 1 Bed - 1 Bath - We pay for all utilities - Stove and fridge included - Sorry no pets - Street parking only - Call or text Dreama to set up a showing 404-405-8744 [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made |
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Amenities for 512-514 16th St. - 5 Unit (ACE PROPERTY)
Apartment Amenities
| Hot Water | Trash |
| Utilities Included |
Appliances
| Electric | Range |
| Refrigerator |
Tech
| Stove/Refrigerator |
Building
| Heat Gas |
Services
| Sewer/Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 5 |
|---|
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About 512-514 16th St. - 5 Unit (ACE PROPERTY)
Leasing Agent Dreama: 404-405-8744 - 1 Bed - 1 Bath - We pay for all utilities - Stove and fridge included - Sorry no pets - Street parking only - Call or text Dreama to set up a showing 404-405-8744 [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 512-514 16th St. - 5 Unit (ACE PROPERTY) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 512-514 16th St. - 5 Unit (ACE PROPERTY) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
512-514 16th St. - 5 Unit (ACE PROPERTY) offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
512-514 16th St. - 5 Unit (ACE PROPERTY) goes above and beyond to provide sought-after conveniences and desirable perks, including heat gas. Renters looking for popular or luxurious features will find them here—and for that reason, 512-514 16th St. - 5 Unit (ACE PROPERTY) receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
512-514 16th St. - 5 Unit (ACE PROPERTY) is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 512-514 16th St. - 5 Unit (ACE PROPERTY) does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 512-514 16th St. - 5 Unit (ACE PROPERTY) compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 296 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Racine
1-bedroom apartments at 512-514 16th St. - 5 Unit (ACE PROPERTY) cost about the same as the average rent price for 1-bedroom apartments in Racine.
Median rents as of Jan 3 2026.
Racine
| Month | Median Rent |
|---|---|
| February 2024 | $782 |
| March 2024 | $776 |
| April 2024 | $675 |
| May 2024 | $525 |
| June 2024 | $529 |
| July 2024 | $642 |
| August 2024 | $704 |
| September 2024 | $740 |
| October 2024 | $740 |
| November 2024 | $740 |
| December 2024 | $740 |
| January 2025 | $770 |
| February 2025 | $780 |
| March 2025 | $765 |
| April 2025 | $768 |
| May 2025 | $778 |
| June 2025 | $778 |
| July 2025 | $862 |
| August 2025 | $879 |
| September 2025 | $849 |
| October 2025 | $849 |
| November 2025 | $821 |
| December 2025 | $736 |
| January 2026 | $700 |
Affordability calculator
Can I afford to live at 512 16th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 1-bedroom monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.
Schools near 512-514 16th St. - 5 Unit (ACE PROPERTY)
All District 4 Year Old Kindergarten
815 de koven ave
racine, WI, 53403
PKPublic
Racine Early Education Center
815 de koven ave
racine, WI, 53403
PKPublic
Johnson Elementary School
2420 kentucky st
racine, WI, 53405
PK, K-5Public
C-
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Internet available near 512-514 16th St. - 5 Unit (ACE PROPERTY)
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Racine near 512 16th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 512 16th St, Racine
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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