$174,900

Estimated payment $1,233/month

-- Bed
-- Bath
2,175 Sq Ft
$80 Price per Sq Ft

About This Home

A classic multi unit property in Racine, this cash flow ready fourplex is a rare find in a market where true four unit buildings don't come available often. Inside, it offers a traditional layout with spacious rooms and plenty of natural light, while the exterior carries that timeless Wisconsin character. The lot provides room for everyday use or future improvements, and with strong rental potential and steady income already in place, this property is an ideal opportunity for investors looking to secure a solid, income producing asset with room to add value over time.

Listing Agent

Patrick Komperda

Real Broker LLC License #110980-94 Listed on: 11/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,719

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $10,000
  • Net Operating Income $10,980

Listing and Financial Details

  • Exclusions: Seller Personal Property
  • The owner pays for gas
  • Assessor Parcel Number 276000006319000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,719

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.11
  • Inclusions: N/A
  • Directions: From Howland Ave, Turn left on W 6th St, Property on the left.
  • Special Features: None

Interior Features

  • Owner Pays: Gas
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller Personal Property
  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Near Public Transit

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 276000006319000

Rental Info

  • Tenant Pays: Water, Electricity, Heat

Multi Family

  • Property Net Operating Income: 10980
  • Annual Operating Expense: 10000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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 $3,719 $132,000 $5,500 $126,500
2023 $3,419 $115,000 $5,500 $109,500
2022 $2,958 $100,000 $5,500 $94,500
2021 $2,907 $87,000 $5,500 $81,500
2020 $2,848 $87,000 $5,500 $81,500
2019 $2,503 $76,000 $5,500 $70,500
2018 $2,248 $69,000 $5,500 $63,500
2017 $2,383 $69,000 $5,500 $63,500
2016 $2,329 $66,000 $5,500 $60,500
2015 $2,236 $66,000 $5,500 $60,500
2014 $2,236 $66,000 $5,500 $60,500
2013 $2,236 $66,000 $6,200 $59,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 For Sale $174,900 -- $80 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1943759

Metro MLS

APN: 276-000006319000