1410 12th St Racine, WI 53403
Midtown NeighborhoodEstimated payment $787/month
About This Home
Investor opportunity in Racine! This property features two separate houses on one lot. A front duplex and a rear single family home, totaling three units. The front duplex has had renovations completed and is in rent ready condition, while the rear home needs significant work, offering a great value add opportunity for the right buyer. Each unit has separate entrances and utilities, providing flexibility for rental income or redevelopment. Conveniently located near downtown Racine, schools, and public transportation, this property offers strong investment potential and long term upside.
Property Details
Home Type
- Multi-Family
Home Design
- Brick Exterior Construction
Additional Features
- Basement Fills Entire Space Under The House
- 9,583 Sq Ft Lot
Community Details
- Operating Expense $3,600
- Net Operating Income $3,600
Listing and Financial Details
- Exclusions: Seller Personal Property
- The owner pays for sewer, water
- Assessor Parcel Number 276000009859000
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 | $1,679 | $62,600 | $11,800 | $50,800 |
| 2023 | $1,619 | $58,000 | $11,800 | $46,200 |
| 2022 | $1,465 | $53,000 | $11,800 | $41,200 |
| 2021 | $1,490 | $48,000 | $11,800 | $36,200 |
| 2020 | $1,458 | $48,000 | $11,800 | $36,200 |
| 2019 | $1,349 | $45,000 | $11,800 | $33,200 |
| 2018 | $1,277 | $40,000 | $11,800 | $28,200 |
| 2017 | $1,641 | $40,000 | $11,800 | $28,200 |
| 2016 | $2,710 | $38,000 | $11,800 | $26,200 |
| 2015 | $2,711 | $36,000 | $11,800 | $24,200 |
| 2014 | $2,711 | $36,000 | $11,800 | $24,200 |
| 2013 | $2,711 | $39,000 | $19,400 | $19,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2025 11/15/25 | Price Changed | $125,000 | -7.4% | -- |
| 11/04/2025 11/04/25 | For Sale | $135,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional |
Source: Metro MLS
MLS Number: 1941720
APN: 276-000009859000
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