$195,000

Estimated payment $1,304/month

Total Views 15,459
5 Beds
2 Baths
2,142 Sq Ft
$91 Price per Sq Ft

About This Home

Excellent Investment Opportunity! This duplex is a great income-producing asset—great for both new and seasoned investors with a strong rental history. Purchase individually or as part of a high-performing 5-duplex portfolio, including 234 Frank Ave, 1419 Geneva St, 2235 Racine St, and 2243 Racine St. Call today! Zoned R3.

Listing Agent

Jacob Helmrick

EXP Realty LLC Brokerage Phone: 715-307-7055 License #94-93146 Listed on: 01/27/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 2 Story, Multi-Level
  • Tax Municipality: Racine, City of
  • Remarks Exclusions Public: Seller and tenant's personal property
  • Remarks Inclusions Public: Stove/range and Refrigerator
  • Total Units: 2
  • Unit Identifier: City of Racine
  • Remarks Public: Excellent Investment Opportunity! This duplex is a great income-producing asset—great for both new and seasoned investors with a strong rental history. Purchase individually or as part of a high-performing 5-duplex portfolio, including 234 Frank Ave, 1419 Geneva St, 2235 Racine St, and 2243 Racine St. Call today! Zoned R3.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 2142
  • Sq Ft Total Fin Above And Below: 2142
  • Price Per Sq Ft: 91.04

Exterior Features

  • Exterior Finish Of Building: Aluminum/Steel
  • Foundation For Building: Poured Concrete

Garage/Parking

  • Number Of Total Parking Outside: 2
  • Building Parking: Outside

Utilities

  • Heating Cooling: Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 1
  • Number of Ranges: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1900

Schools

  • School District: Racine

Lot Info

  • Estimated Acres: 0.1
  • Geo Address Line: 1320 Maple St
  • Geo Primary City: Racine
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 276-00-00-07-250-000
  • Tax Net Amt: 2584.72
  • Tax Year: 2024

Multi Family

  • Number Of Refrigerators: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Racine

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,585 $101,000 $8,200 $92,800
2023 $2,191 $81,000 $8,200 $72,800
2022 $1,338 $74,000 $8,200 $65,800
2021 $2,026 $67,000 $8,200 $58,800
2020 $1,983 $67,000 $8,200 $58,800
2019 $1,817 $62,000 $8,200 $53,800
2018 $1,802 $60,000 $8,200 $51,800
2017 $1,933 $60,000 $8,200 $51,800
2016 $1,969 $60,000 $8,200 $51,800
2015 $2,057 $60,000 $8,200 $51,800
2014 $2,057 $60,000 $8,200 $51,800
2013 $2,057 $66,000 $12,400 $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 For Sale $195,000 +77.4% $91 / Sq Ft
01/01/2023 01/01/23 Off Market $109,900 -- --
08/31/2022 08/31/22 For Sale $109,900 +69.1% $51 / Sq Ft
02/01/2022 02/01/22 Sold $65,000 0.0% $30 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
08/16/2021 08/16/21 For Sale $65,000 -- $30 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 --
Deed -- Schneider John U
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $751,000 Credit Line Revolving
Previous Owner $0 No Value Available
Previous Owner $820,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50303829

REALTORS® Association of Northeast Wisconsin

APN: 276-000007250000