$270,000

Estimated payment $1,799/month

Total Views 7,897
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This four-unit rental property is a prime investment opportunity, boasting excellent cash flow and full occupancy. Each of the four units is currently leased and tenants pay all of the utilities ensuring minimal expenses for the owner. Ample street parking is available as well as 3 off street parking spots. It has a large fenced in shared yard. Whether you are a seasoned investor or looking to start your portfolio, this four-unit is a fantastic opportunity.

Listing Agent

Jennifer Kortendick

Realty ONE Group Boardwalk License #87379-94 Listed on: 08/30/2025

Realty ONE Group Boardwalk

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,474

Home Design

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.25 Acre Lot

Community Details

  • Operating Expense $1,200
  • Net Operating Income $36,480

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Assessor Parcel Number 02758000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,474

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.25
  • Inclusions: 4 oven/range 4 Refrigerators
  • Directions: East on State St to Superior, North on Superior to property on the right side of the street.
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenants personal property.
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 10890
  • Parcel #: 02758000

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 36480
  • Annual Operating Expense: 1200

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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 $4,474 $164,000 $14,400 $149,600
2023 $4,321 $143,000 $14,400 $128,600
2022 $3,659 $124,000 $14,400 $109,600
2021 $3,500 $108,000 $14,400 $93,600
2020 $3,428 $108,000 $14,400 $93,600
2019 $2,999 $94,000 $14,400 $79,600
2018 $2,664 $82,000 $14,400 $67,600
2017 $2,718 $82,000 $14,400 $67,600
2016 $2,643 $78,000 $14,400 $63,600
2015 $2,760 $78,000 $14,400 $63,600
2014 $2,760 $78,000 $14,400 $63,600
2013 $2,760 $84,000 $16,100 $67,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2025 08/30/25 For Sale $270,000 +31.1% --
05/03/2022 05/03/22 Sold $206,000 0.0% $65 / Sq Ft View Prior Sale
04/05/2022 04/05/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $206,000 -- $65 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1933131

Metro MLS

APN: 276-000002758000