Racine WI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,501
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1890
Baths:
MLS#:
WIREX_METRO1900847

ADDITIONAL INFORMATION

Charming Two-Family Home with Great Potential! Each spacious unit boasts 3 bedrooms, 1 bath, and 1,250 sq. ft. of living space, complete with separate gas, electric, and private entrances for added convenience. Both units showcase stunning character and timeless charm. Parking is available, and the property is conveniently located near downtown Racine and public transportation, making it an attractive option for tenants or owner-occupants. A fantastic opportunity for investors or those looking to live in one unit and rent out the other!

Type:
Multi-Family
Sq.Ft.:
1,774
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1926
Baths:
MLS#:
WIREX_METRO1900480

ADDITIONAL INFORMATION

PERFECT OWNER OCCUPANT/ OR INVESTOR 2 FAMILY IN A FAMILY FRIENDLY NEIGHBORHOOD. 2 bedrooms on the main 1 bedroom in the upper unit. Newer finishes including bathrooms and kitchens. Newer windows. Maintenance free siding and soffits. Nice front porch, 2 car garage and nice yard. Tenant upstairs pays 900 a month. Lease is until end of November. Perfect for first time home buyer. Live in the lower and rent out the upper. Great way to start building equity.

Type:
Multi-Family
Sq.Ft.:
1,825
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1874
Baths:
MLS#:
WIREX_METRO1899911

ADDITIONAL INFORMATION

This property offers a fantastic opportunity for investors looking to add value through renovation. Originally a single-family, Its spacious units and classic architectural details provide a solid foundation for transformation. Newer mechanicals, updated electrical, roof, siding, windows, and gutter replacement within the past 10 years make this property a blank slate for any investor. Although Unit#1 is listed as a one-bedroom, there is a den/office that the previous owners used as a bedroom. Unit#2's living room with closet could be a 3rd bedroom. 1.5 garage w/additional driveway parking makes this an ideal property for tenants. While it requires some rehab work, the potential for increased rental income and property value is significant. Value-priced for a quick sale!

Type:
Multi-Family
Sq.Ft.:
7,488
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1978
Baths:
MLS#:
WIREX_METRO1899568

ADDITIONAL INFORMATION

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.

Type:
Multi-Family
Sq.Ft.:
8,736
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Year built:
1979
Baths:
MLS#:
WIREX_METRO1899564

ADDITIONAL INFORMATION

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.

Type:
Multi-Family
Sq.Ft.:
8,736
Status:
Active
Beds:
n/a
Lot size:
0.42 Acres
Year built:
1977
Baths:
MLS#:
WIREX_METRO1899553

ADDITIONAL INFORMATION

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.

Type:
Multi-Family
Sq.Ft.:
7,296
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Year built:
1979
Baths:
MLS#:
WIREX_METRO1899541

ADDITIONAL INFORMATION

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows, and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system.When showing please park in the street to avoid getting towed.

Type:
Multi-Family
Sq.Ft.:
1,748
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1924
Baths:
MLS#:
WIREX_METRO1898981

ADDITIONAL INFORMATION

PRIDE OF OWNERSHIP!!! Move in ready 2 family in need of new owner(s). This property has served the current owner very well, just time to move on. Recent updates include: New roof and siding in 2020, New garage slab/footing in 2021, New driveway and gutters on house in 2022, and two new furnaces and new fence in 2023. Both units boasts gleaming hardwood flooring and natural woodwork throughout, SOT in both units with surround tile, like new refrigerator and stove in both units and all topped off with outstanding curb appeal and additional 2 car parking slab in rear to go along with the newer extended driveway and 2 car garage...See it today, owner occupants OR investors...

Type:
Multi-Family
Sq.Ft.:
1,814
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1920
Baths:
MLS#:
WIREX_METRO1898961

ADDITIONAL INFORMATION

Opportunity is knocking in this well-maintained two-family that is currently bringing in $2,400/mo. in rental income. The Lower unit is a 3 bed/1 bath, and the Upper features 2 bed/1 bath with an extra room off the kitchen. The tenants are MTM and professional management is in place for an easy transition should the buyer prefer to be more hands-off. With separate heat, electric, and central air, the owner is only responsible for water/sewer. Deep/heated 2 car garage. Laundry hook-ups in both units. Lower unit takes care of lawn maintenance and has use of garage. Don't sleep on your chance to start - or add to - your rental property portfolio, schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
2,120
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1912
Baths:
MLS#:
WIREX_METRO1898920

ADDITIONAL INFORMATION

Your next great investment opportunity awaits. This spacious duplex presents over 1,000 square feet of living space in each identical unit, perfectly designed for today's tenants. Each unit features two inviting bedrooms, a well-appointed bathroom, a generous living room, a functional kitchen, and a separate dining area, creating a welcoming atmosphere for all. Tenants will enjoy private access to large front porches, while a shared fenced-in backyard offers a beautiful space for outdoor enjoyment. Tenants will also appreciate the modern touches, such as newer flooring and separate utilities, along with the added convenience of a shared two-car garage and basement. Centrally located close to schools, parks, and a short drive to Lake Michigan.

Type:
Multi-Family
Sq.Ft.:
5,490
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1934
Baths:
MLS#:
WIREX_METRO1898752

ADDITIONAL INFORMATION

The Arlington Apartments are officially for sale! This solid brick 8 unit rests on a quiet residential block in Racine and features all larger 1BR bright and sunny units. Completely turn key and all units are currently occupied with room to raise rents. Tenants pay their own electric.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.43 Acres
Year built:
1963
Baths:
MLS#:
WIREX_METRO1898735

ADDITIONAL INFORMATION

Stately brick 22 unit apartment building in Racine consists of (20) 1BR apartments, (1) 2BR, and (1) studio. Loads of untapped value-add potential. Off street parking for 17 cars, currently included with lease.

Type:
Multi-Family
Sq.Ft.:
1,613
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1928
Baths:
MLS#:
WIREX_METRO1898655

ADDITIONAL INFORMATION

Excellent opportunity for investors and owner-occupants alike! Begin your journey in real estate investing with this southside two-family home that is perfect for ''house hacking'', or make a valuable addition to your current real estate portfolio. This two-family home offers a 2BD/1BA lower unit and 1BD/1BA upper unit. Vintage character found throughout the property that includes crown molding and original millwork. Separate electric, shared furnace and water heater. Basement provides storage for both tenants and was previously waterproofed with a sump pump. 2 car garage for additional storage and/or income. Lower unit features a cozy front porch and the upper unit features a balcony to the outdoors. Start or add to your real estate portfolio today!

Type:
Multi-Family
Sq.Ft.:
1,434
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1904
Baths:
MLS#:
WIREX_METRO1898530

ADDITIONAL INFORMATION

Motivated seller , two new furnaces in 2023 , hot water heater 2023, both units updated in 2023.Both units are rented at $1000 per unit .

Type:
Multi-Family
Sq.Ft.:
2,755
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1900
Baths:
MLS#:
WIREX_METRO1898501

ADDITIONAL INFORMATION

Discover true Wisconsinite charm in this existing Bar formerly known as Lydia's Bar with a 3 bedroom apartment above. Building has the potential to be converted to a 2-family. The 3 bedroom unit features wood and LVP flooring, large windows, and a window access balcony. The bar features a beautiful wood built in bar, with plenty of storage space, 1 bathroom, and an additional rec area with LVP flooring + bathroom. Located on a corner lot in Racine this home is near Clayton Park, Racine Skate Park, Racine Art Museum, and so many shops and businesses. Don't miss out and schedule a showing today!

Type:
Multi-Family
Sq.Ft.:
2,196
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1945
Baths:
MLS#:
WIREX_METRO1898377

ADDITIONAL INFORMATION

Add to your investment portfolio or owner occupy this 2/2 duplex in a quiet neighborhood on the North side of Racine. This property features stunning natural woodwork and new flooring. The property also includes spacious bedrooms, living room, and Kitchen. Large 2.5 car garage is makes this perfect opportunity for its next owner. Schedule a viewing today!

Type:
Multi-Family
Sq.Ft.:
2,165
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1890
Baths:
MLS#:
WIREX_METRO1897688

ADDITIONAL INFORMATION

Take a look at this large recently updated 3/2 duplex with great rental income and low taxes. This 3bd/1ba lower and 2bd/1ba upper is currently generating $2100 dollars per month in rents. The lower tenant is on a 2 year lease (August 2026) but the upper is month to month. This home has had lots of updates in the last 1-2 years: Flooring, Kitchen counters & cabinets, bathrooms, some new windows, Hot water heater (2), electrical panels (2), new concrete around the home, 11 year old roof (per seller). Lots of positives in this cash flowing investment. Being sold As-IS

Type:
Multi-Family
Sq.Ft.:
11,284
Status:
Active
Beds:
n/a
Lot size:
0.54 Acres
Year built:
1962
Baths:
MLS#:
WIREX_METRO1897298

ADDITIONAL INFORMATION

''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.32 Acres
Year built:
1947
Baths:
MLS#:
WIREX_METRO1896742

ADDITIONAL INFORMATION

Opportunity awaits at 2419 19th St! This 12-unit apartment building is ready for a savvy investor with vision. While it needs some work, the potential is clear, whether you're looking to renovate and rent or undertake a larger redevelopment project. Located in a bustling area, this building could generate strong returns with the right updates. If you've got an eye for opportunity and aren't afraid of a project, this property could be your next great investment. Don't miss out on the chance to transform this space into something special!

Type:
Multi-Family
Sq.Ft.:
2,564
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1912
Baths:
MLS#:
WIREX_METRO1895822

ADDITIONAL INFORMATION

West Racine Two Family with long term tenants is now on the market. Each unit has tons of space. First floor kitchen is updated with dishwasher, stainless steel appliances and has a large bathroom with extra storage. Second floor is very roomy with tons of storage, nice size bedrooms, newer carpet throughout, large living room, dining room with built in bookshelves and desk. Basement has storage units for each tenant if needed. Large back yard, fencing around property and a new apron in the back. This is a great investment property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1912
Baths:
MLS#:
WIREX_METRO1895632

ADDITIONAL INFORMATION

This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.

Type:
Multi-Family
Sq.Ft.:
3,650
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1900
Baths:
MLS#:
WIREX_METRO1894901

ADDITIONAL INFORMATION

An ideal investment property. Front house downstair gets 3 bedrooms, kitchen and 1 full bath, upstairs gets separate entrance, separate electric/gas meter, 4 bedrooms, kitchen and 1 full bath. Front house can be divided to a duplex. Separate rear house gets 3 bedrooms. Now fully occupied with $2,225 monthly rent. Month to Month lease. Need some TLC. Sold as-is condition.

Type:
Multi-Family
Sq.Ft.:
1,896
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1920
Baths:
MLS#:
WIREX_METRO1894151

ADDITIONAL INFORMATION

Investment opportunity in an ideal location close to shopping and amenities. Upper and Lower duplex that is cash flowing with updated kitchens, baths, appliances, electrical and exterior painting. Both units have large living rooms, formal dining rooms, 2 bedrooms and 1 full bathroom. Spacious backyard and 1.5 car garage. Full basement with shared washer and dryer. Ability to owner occupy lower unit, lease on upper.

Type:
Multi-Family
Sq.Ft.:
2,067
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1900
Baths:
MLS#:
WIREX_METRO1893741

ADDITIONAL INFORMATION

A great investment awaits with this 2/2 or 3/2 duplex. The lower unit has new carpeting and kitchen floor, 2-3 bedrooms, formal dining room and large living room that could substitute as a living room and third bedroom respectively, and TWO full bathrooms. Upper unit offers two bedrooms, a large kitchen, a sizeable living room, a full bath and convenient half bath. Both units have separate furnaces, water heaters, and electric with shared laundry available. Situated on a highly visible large lot with a driveway leading to a two-car garage. Some finishing touches are needed, but with the lower unit rent ready and the upper established with a tenant, this property is ready to go for your next investment!

Type:
Multi-Family
Sq.Ft.:
1,950
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1888
Baths:
MLS#:
WIREX_METRO1889306

ADDITIONAL INFORMATION

Adorable Victorian duplex located in Racine! This 3/3 duplex features separate unit entrances, upper unit balcony, large windows, and has a shared driveway/parking spaces with the property next door also being sold. Located in Racine this home is near Racine South Pier on Lake Michigan, Racine Art Museum, and Quarry Lake Park. Currently occupied this property brings in $1,300 in rents per month. Schedule a showing today!

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Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2024 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed



Racine Real Estate

The median home value in Racine, WI is $234,000. This is higher than the county median home value of $225,200. The national median home value is $338,100. The average price of homes sold in Racine, WI is $234,000. Approximately 50.92% of Racine homes are owned, compared to 41.18% rented, while 7.9% are vacant. Racine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Racine real estate agent to arrange a tour today!

Racine, Wisconsin has a population of 77,705. Racine is less family-centric than the surrounding county with 24.11% of the households containing married families with children. The county average for households married with children is 26.91%.

The median household income in Racine, Wisconsin is $48,238. The median household income for the surrounding county is $67,224 compared to the national median of $69,021. The median age of people living in Racine is 34.7 years.

Racine Weather

The average high temperature in July is 79.6 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 35.1 inches per year, with 40.1 inches of snow per year.

Racine Real Estate Market Conditions

  • Median sales price

    $234,000
    12.6% change since last quarter
  • # Active listings

    240
    30-day change

Racine Schools and Demographics

Education near Racine, WI

Metric City County
High School Graduates 88.17 91.71
College Degree - 2 year 10.09 10.9
College Degree - 4 year 19.17 26.79
Graduate Degree 4.41 6.95
Expenditures per Student 17,939 17,939
Students per Teacher 13.3 13.3

Elementary Schools near Racine, WI

School Grades Students P/T Ratio ZIP
21st Century Preparatory School PK - 08 446 13.4 53404
All District 4 Year Old Kindergarten PK - PK 325 263 53404
Fine Arts Elementary School KG - 05 320 17 53403
Fratt Elementary School PK - 05 513 11.6 53405
Giese Elementary School PK - 05 346 11.3 53406
Gifford Elementary School PK - 05 901 18.1 53406
Goodland Elementary School PK - 05 368 12.9 53406
Janes Elementary School PK - 05 329 13.7 53402
Jefferson Lighthouse Elementary School KG - 05 587 20.3 53404
Jerstad-Agerholm Elementary School PK - 05 313 14.3 53402
Johnson Elementary School PK - 05 532 15 53405
Jones Elementary School PK - 05 459 13 53403
Julian Thomas Elementary School PK - 05 580 10.3 53404
Knapp Elementary School PK - 05 320 12 53405
Mitchell Elementary School PK - 05 410 13.1 53403
North Park Elementary School PK - 05 364 14.1 53402
O Brown Elementary School PK - 05 459 17.4 53402
P-COC PK - PK 93 32 53402
Racine Civil Leaders Academy PK - 05 201 53403
Racine Early Education Center PK - PK 122 13.6 53403
Red Apple Elementary School PK - 05 433 16.8 53402
Roosevelt Elementary School PK - 05 373 14.4 53402
Wadewitz Elementary School PK - 05 594 11.6 53404
West Ridge Elementary School PK - 05 554 15.9 53406

Middle Schools near Racine, WI

School Grades Students P/T Ratio ZIP
Gilmore Middle School 06 - 08 671 12.9 53404
Jerstad-Agerholm Middle School 06 - 08 660 13.6 53402
McKinley Middle School 06 - 08 728 13.2 53405
Mitchell Middle School 06 - 08 651 12.4 53403
Starbuck Middle School 06 - 08 763 12.7 53405

High Schools near Racine, WI

School Grades Students P/T Ratio ZIP
Case High School 09 - 12 2,005 15.9 53406
Horlick High School 09 - 12 1,977 16.3 53404
Park High School 09 - 12 1,579 13.8 53403

Ungraded Schools near Racine, WI

School Grades Students P/T Ratio ZIP
* Racine Youthful Offender Warren Young High School 11 - 12 264 101 53404
* Walden III High School 09 - 12 302 19.3 53403
The Real School 06 - 12 300 19.9 53402

Demographics near Racine, WI

Metric City County
Neighborhood Type Suburban
Population 77,705 197,379
Population Density 5,022 594
Median Age 34.7 40.1
People per Household 2.4 2.4
Median Household Income 48,238 67,224
Average Income per Capita 24,550 35,215