4032 Marquette Dr Racine, WI 53402
North Bay-Shorecrest NeighborhoodEstimated payment $2,931/month
About This Home
Now is your chance to pick up the investment property you have been waiting for! This brick 4-family has been well cared for and is centrally located and close to everything you and/or your tenants may need. This property is comprised of four (4) spacious 2-bedroom, 1-bathroom units, each with large living rooms and eat-in kitchens. Common areas and basement are well maintained, with storage lockers, and room for a washer/dryer for each unit. Various improvements include all 4 furnaces replaced five years ago, newer water heaters, and the property has been regularly painted and spruced up upon tenant turnovers. Rents are below market with room to grow. Opportunities for multifamily properties in this neighborhood don't come around often! Make this solid investment property yours today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,786
Lot Details
- 8,276 Sq Ft Lot
Home Design
- 3,420 Sq Ft Home
- Brick Exterior Construction
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Listing and Financial Details
- Exclusions: Seller's Personal Property and Tenant's Personal Property.
- The owner pays for sewer, water, electric/public
- Assessor Parcel Number 20919048
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 | $6,786 | $262,000 | $28,700 | $233,300 |
| 2023 | $6,228 | $228,000 | $28,700 | $199,300 |
| 2022 | $5,413 | $198,000 | $28,700 | $169,300 |
| 2021 | $5,675 | $185,000 | $28,700 | $156,300 |
| 2020 | $5,553 | $185,000 | $28,700 | $156,300 |
| 2019 | $5,037 | $168,000 | $28,700 | $139,300 |
| 2018 | $5,135 | $168,000 | $28,700 | $139,300 |
| 2017 | $5,316 | $168,000 | $28,700 | $139,300 |
| 2016 | $5,422 | $168,000 | $28,700 | $139,300 |
| 2015 | $5,382 | $168,000 | $28,700 | $139,300 |
| 2014 | $5,382 | $168,000 | $28,700 | $139,300 |
| 2013 | $5,382 | $174,000 | $32,300 | $141,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $435,000 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | $178,500 | -- | |
| Sheriffs Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | Adjustable Rate Mortgage/ARM |
Source: Metro MLS
MLS Number: 1932426
APN: 276-000020919048
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