1309 Summit Ave Racine, WI 53404
The 19th Ward NeighborhoodEstimated payment $1,865/month
About This Home
Discover an exceptional investment opportunity near the vibrant new Malt Works community! This well-maintained property includes a lower/upper duplex plus a separate single-family home on one compoundideal for Smart investment with owner occupancy potential or portfolio growth. Each unit has been tastefully updated inside and out (see attached list) and comes with appliances included. Current rents are $1,200 / $1,200 / $1,100, with two units available before closingperfect for selecting your own tenants or moving in yourself. A great combination of modern updates, solid rental income, and prime location make this a rare find!
Listing Agent
Blackstone Realty Services Team
Keller Williams Milwaukee South Shore License #82592-94 Listed on: 10/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,716
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,702 Sq Ft Home
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Exclusions: Seller's & Tenant's Personal Property
- The owner pays for sewer, water
- Assessor Parcel Number 08080000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,716 | $93,200 | $10,100 | $83,100 |
| 2023 | $2,726 | $85,000 | $10,100 | $74,900 |
| 2022 | $1,395 | $77,000 | $10,100 | $66,900 |
| 2021 | $3,645 | $70,000 | $10,100 | $59,900 |
| 2020 | $3,810 | $70,000 | $10,100 | $59,900 |
| 2019 | $3,751 | $65,000 | $10,100 | $54,900 |
| 2018 | $3,437 | $58,000 | $10,100 | $47,900 |
| 2017 | $3,292 | $58,000 | $10,100 | $47,900 |
| 2016 | $3,858 | $58,000 | $10,100 | $47,900 |
| 2015 | $2,770 | $58,000 | $10,100 | $47,900 |
| 2014 | $2,770 | $58,000 | $10,100 | $47,900 |
| 2013 | $2,770 | $58,000 | $16,100 | $41,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | For Sale | $295,000 | -- | $109 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Fidelity Title, Inc. | |
| Warranty Deed | $125,000 | Fidelity Title Inc | |
| Warranty Deed | $66,000 | -- | |
| Deed In Lieu Of Foreclosure | $58,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,000 | Unknown |
Source: Metro MLS
MLS Number: 1939582
APN: 276-000008080000
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