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Investment - Homes for Sale in Racine, WI

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  • /2

    $2,300,000

    • 11,284 Sq Ft

    3111 Wheelock Dr, Racine, WI 53405

    ''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 373-6946

    3111 Wheelock Dr, Racine, WI 53405
  • /18

    $419,900

    • 5,200 Sq Ft

    501 6th St, Racine, WI 53403

    This prime commercial property on Racine's popular Sixth Street is a standout investment opportunity. The bar features a newly updated kitchen, perfect for serving meals alongside drinks, and is a local favorite for live music. Entertainment options include a pool table and gambling machines, ensuring a lively atmosphere. The upper unit offers a large entertainment room for private events, and

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 368-6968

    501 6th St, Racine, WI 53403
  • /17

    $549,900

    • 2,725 Sq Ft

    622 3 Mile Rd, Racine, WI 53402

    This bright brick commercial building is a prime investment opportunity, offering a fully functional kitchen ready to support both solo chefs and full-scale restaurant operations. With a newly installed commercial-grade hood system, the kitchen is designed for efficiency and safety. The property includes over half an acre of parking, ideal for high customer volume, and a drive-thru window to

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 254-5346

    622 3 Mile Rd, Racine, WI 53402
  • /2

    $89,900

    • Land
    • 0.64 Acre
    • $140,469 per Acre

    Lt12 Shirley Ave, Mount Pleasant, WI 53406

    Prime opportunity to own a 100' x 283' vacant lot in a fantastic location! This spacious, buildable lot offers ample room for a custom home, investment property, or unique development project. Use your own builder to bring your vision to life. Nestled in a highly desirable area, this lot provides quick access to the interstate, making commuting a breeze. Conveniently close to shopping centers,

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 578-0609

    Lt12 Shirley Ave, Mount Pleasant, WI 53406
  • /2

    $89,900

    • Land
    • 0.64 Acre
    • $140,469 per Acre

    Lt9 Shirley Ave, Mount Pleasant, WI 53406

    Prime opportunity to own a 100' x 283' vacant lot in a fantastic location! This spacious, buildable lot offers ample room for a custom home, investment property, or unique development project. Use your own builder to bring your vision to life. Nestled in a highly desirable area, this lot provides quick access to the interstate, making commuting a breeze. Conveniently close to shopping centers,

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 710-1766

    Lt9 Shirley Ave, Mount Pleasant, WI 53406
  • /14

    $199,900

    • 1,972 Sq Ft

    1300 Park Ave, Racine, WI 53403

    Hurry! Great investment opportunity for investor or owner occupant and have upper tenant pay part of your mortgage! Great location just 2 blocks to the lake, school and hospital across the street and city services just blocks away! Victorian style home on corner lot with 2 car detached garage! Lower unit features 2 bedrooms, 1 bath, oversized kitchen with oak cabinetry, newer flooring, 9'

    Bob Wisdom RE/MAX Plaza

    1300 Park Ave, Racine, WI 53403
  • /19

    $215,000

    • 2 Beds
    • 1 Bath
    • 1,367 Sq Ft

    3908 Valley Rd, Racine, WI 53405

    Charming 2-bedroom, 1-bath ranch on a peaceful .75-acre wooded lot. This home offers comfort and privacy with a spacious 2-car garage. While it needs some TLC, it has great potential for investors or handy homeowners looking to add their own touch. Enjoy the quiet setting surrounded by nature, perfect for relaxation and retreat. This property backs up to county owned land and the root river.

    Shea Gajewski RE/MAX Newport

    3908 Valley Rd, Racine, WI 53405
  • /24

    $269,997

    • 2,254 Sq Ft

    1140 Wisconsin Ave, Racine, WI 53403

    Investment Opportunity** Check out this well-maintained 3-unit property offering solid income and long-term potential. Conveniently located in Racine, this property features three unique units: 2 Bedroom / 1 Bath Unit - Currently rented for $1,535/month on a month-to-month lease. 1 Bedroom / 1 Bath Unit - Rented for $650/month, also on a month-to-month lease. Studio Unit - Leased at $785/month

    Devin Cain Realty ONE Group Boardwalk

    1140 Wisconsin Ave, Racine, WI 53403
  • /18

    $369,000

    • 2,750 Sq Ft

    1546 West Blvd, Racine, WI 53405

    This Racine side by side is ideal for an owner occupant or investment opportunity! Each unit features 3 bedrooms, 2 baths, all appliances and nearly 1400 sq. ft of living space. Also included are separate garage and backyard spaces, as well as some additional parking in the back. Unit 1546 is currently unoccupied with a newly remodeled Kitchen and is move in ready! Unit 1544 is currently occupied

    Harvey Van Meter Berkshire Hathaway Home Services Epic Real Estate

    1546 West Blvd, Racine, WI 53405
  • /46

    $169,000

    • 2,209 Sq Ft

    1715 Saint Clair St, Racine, WI 53402

    Charming Duplex for Sale - Great Investment Opportunity! The property features two spacious units: The lower unit has 3 Bedrooms and the upper unit has 1 bedroom both units feature a living room and dining room as well as a pantry off the kitchen. Both units enjoy off-street parking, a large shared yard perfect for outdoor activities, and access to a shared basement offering ample storage or

    Jennifer Kortendick Realty ONE Group Boardwalk

    1715 Saint Clair St, Racine, WI 53402
  • /17

    $270,000

    943 Superior St, Racine, WI 53404

    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

    Jennifer Kortendick Realty ONE Group Boardwalk

    943 Superior St, Racine, WI 53404
  • /14

    $235,000

    • 2,219 Sq Ft

    1910 Lasalle St, Racine, WI 53402

    Discover an excellent investment opportunity in the heart of Racine! This spacious duplex features a total of 6 bedrooms, 3 full bathrooms, 2 car garage, and over 2,200 sq. ft. of living space. This property is perfect for investors seeking turnkey cash flow in a growing rental market. 1910 LaSalle St is a proven income-producing property ready to generate returns from day one.

    LaShon Stevens Realty ONE Group Boardwalk

    1910 Lasalle St, Racine, WI 53402
  • /3

    $94,900

    • 1,802 Sq Ft

    1215 Racine St, Racine, WI 53403

    Just a short walk from Lake Michigan, Simonson Park, and Samuel Myers Park, this 2/1 duplex is full of potential! The first unit offers 2 bedrooms, and the second unit features 1 bedroom, with a full bathroom in each. Enjoy off-street parking with a 2-car slab in the rear. While the property needs some love, its prime location and flexible layout make it an excellent investment opportunity for

    Holly Speranza Keller Williams-MNS Wauwatosa

    1215 Racine St, Racine, WI 53403
  • /20

    $415,000

    • 3,420 Sq Ft

    4032 Marquette Dr, Racine, WI 53402

    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

    Dennis Elverman Century 21 Benefit Realty

    4032 Marquette Dr, Racine, WI 53402
  • /33

    $215,000

    • 2,070 Sq Ft

    1217 Erie St, Racine, WI 53402

    Investment opportunity! This two-family home is ideally situated just minutes from downtown Racine and a short walk to the beautiful shores of Lake Michigan. Currently generating $2,300 per month in rental income, this property is perfect for investors seeking strong cash flow or homeowners looking to offset their mortgage with rental income. Each unit offers spacious living areas, with separate

    Megan Koehler-Cruz Epique Realty

    1217 Erie St, Racine, WI 53402
  • /28

    $179,900

    • 1,862 Sq Ft

    1737 West Blvd, Racine, WI 53405

    Charming Victorian-style duplex on West Blvd. in Racine, WIan excellent investment opportunity! . Each unit offers unique character, with a full basement, fenced yard, and a deck perfect for relaxing or entertaining. With classic architectural details and solid structure, this property is full of potential for rental income, owner-occupancy, or future updates. Don't miss this promising

    Ina Acuca A Way Home Real Estate Agency

    1737 West Blvd, Racine, WI 53405
  • /5

    $309,900

    • 2,400 Sq Ft

    2307 4 Mile Rd, Racine, WI 53402

    This 3/3 townhouse in Caledonia is perfect for both homeowners and investors. Each unit features 3 bedrooms, a full bath, and a half bath, offering functionality and convenience for residents. Central air ensures year-round comfort. The property generates $1,250 per month per unit, making it an attractive income-generating opportunity. The exterior boasts six off-street parking spaces, providing

    Holly Speranza Keller Williams-MNS Wauwatosa

    2307 4 Mile Rd, Racine, WI 53402
  • /16

    $1,295,000

    1639 Douglas Ave, Racine, WI 53404

    Stabilized 34-Unit (Multifamily + Commercial) with New Roof & Proven Cash Flow. Smart investors: welcome to 1639 Douglas Ave, Racine, WIa stabilized and cash-flowing multifamily investment with immediate income and long-term upside. This 34-unit property (plus rentable commercial suite) has maintained consistently strong occupancy, & offers future rent growth potential through light operational

    Geoff Stuhr Smart Asset Realty Inc

    1639 Douglas Ave, Racine, WI 53404
  • /2

    $174,900

    • 2,040 Sq Ft

    1817 Grange Ave, Racine, WI 53403

    Fully occupied duplex offering a solid investment opportunity. Each unit is separately metered for utilities, making management straightforward for investors or ideal for an owner-occupant looking to offset their mortgage. Located near public transit, shopping, and restaurants, this property provides consistent rental income in a convenient city setting. Tenants pay sewer and water, gas and

    Chris Veranth Mahler Sotheby's International Realty

    1817 Grange Ave, Racine, WI 53403
  • /3

    $175,000

    • 4,839 Sq Ft

    1307 Douglas Ave, Racine, WI 53402

    Great investment opportunity!!! This solid brick property is set up for a bar, but you can bring different ideas and make this place what you want.. This property features over 4,000 sq ft of space, large side room, parking for approx 6 cars in the back and fully occupied, 2- 2 bedroom apartments upstairs.. This building is located just a few blocks from Lake Michigan, .8 from the Racine Zoo

    Christina Boyle Realty Dreams LLC

    1307 Douglas Ave, Racine, WI 53402
  • /11

    $149,900

    • 1,961 Sq Ft

    1554 Packard Ave, Racine, WI 53403

    This updated duplex offers two separate units, each featuring 2 bedrooms, private entrances, and individual utility meters. The upper unit includes new windows, vinyl plank flooring, new carpeting, and fully updated kitchen and bathroom. The lower unit features an updated bathroom and refreshed bedroom. Additional highlights include a newer roof and consistent maintenance throughout, making this

    Dawn Martinez Sorenson Realty Associates, LLC

    1554 Packard Ave, Racine, WI 53403
  • /12

    $325,000

    1231 Marquette St, Racine, WI 53404

    Exceptional Cash-Flowing Four-Family Property in Racine. This property currently generates $3,625 per month in rental income, with potential for growth. Two of the four units have been converted into three-bedroom layouts. You also have the opportunity to transform the remaining two units, maximizing your investment!

    Adam Pischke ReBelle Realty

    1231 Marquette St, Racine, WI 53404
  • /7

    $199,900

    • Land
    • 0.21 Acre
    • $951,905 per Acre

    716 6th St, Racine, WI 53403

    Fantastic vacant commercial lot in prime Downtown Racine location! Endless possibilities await on this high-visibility corner lot, ideally situated in high traffic area. Surrounded by ample street parking, this property offers a prime opportunity for your next business venture, development project, or investment. Don't miss out on this rare chance to own in a thriving, walkable area!

    Felicia Pavlica RE/MAX ELITE

    716 6th St, Racine, WI 53403
  • /9

    $69,900

    • 1 Bed
    • 1 Bath
    • 701 Sq Ft

    2810 20th St, Racine, WI 53403

    This property is on the market for the first time in many years, While the home requires some TLC, it represents a valuable investment opportunity. This single-story residence features one bedroom, one bathroom, a living and dining area, and an additional versatile room. Spacious 1 car garage.

    Jamie Warosh JW Real Estate Group

    2810 20th St, Racine, WI 53403
  • /4

    $9,900

    • Land
    • 0.06 Acre
    • $165,000 per Acre

    1804 Hamilton St, Racine, WI 53404

    Exceptional opportunity to own a vacant lot in a desirable Racine location! Positioned near local shops, restaurants, the Racine Zoo, Quarry Lake Park, and the scenic Root River, this property offers endless potential for your next build or investment. With its convenient location and surrounding amenities, this is a great addition to any portfolio. Schedule your showing today and explore the

    Holly Speranza Keller Williams-MNS Wauwatosa

    1804 Hamilton St, Racine, WI 53404
  • /18

    $799,000

    831 College Ave, Racine, WI 53403

    Solid 12-unit brick apartment building in Racine, ideally located near Lake Michigan. All units feature 1 bedroom and 1 bathroom with practical layouts and and original woodwork. This property offers consistent rental income and strong tenant appeal. Close to the lakefront, parks, downtown amenities, and public transportation. A great investment opportunity in a high-demand area.

    Adam McCarthy Smart Asset Realty Inc

    831 College Ave, Racine, WI 53403
  • /4

    $180,000

    • 1,300 Sq Ft

    1642 Washington Ave, Racine, WI 53403

    PRIME RACINE INVESTMENT!!!! A fully occupied duplex (1BR upper, 2BR lower. Each tenant is MTM), attached to a carry-out restaurant, with a 2 car garage and on almost 1/4 acre of land. Handicap access is for the lower duplex unit. This is listed as both ''commercial and duplex'' MLS#1919965

    Christina Boyle Realty Dreams LLC

    1642 Washington Ave, Racine, WI 53403
  • /46

    $609,000

    • 8,229 Sq Ft

    328 Main St, Racine, WI 53403

    An excellent investment opportunity! This beautifully renovated property features: -Over 3000 sq ft commercial space currently rented -One bed/one bath fully updated, hard wood floors, chief's kitchen, granite countertops -Two bed/two bath, fully updated, granite countertops, hardwood floors -Loft studio with vaulted ceilings, hardwood floors New roof, plumbing, electrical, furnaces, AC and

    Crystal Meller Coldwell Banker HomeSale Realty - New Berlin

    328 Main St, Racine, WI 53403
  • /20

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,140 Sq Ft

    3019 Phillips Ave, Mount Pleasant, WI 53403

    Discover a promising investment opportunity with this property that includes an additional lot, offering great potential for development. This home requires some work, including a new roof and kitchen renovations, as it currently lacks cabinets, countertops, and appliances. Despite these challenges, the property is well-positioned for future growth. The extra lot presents possibilities for

    Ryan Ventura R.L. Ventura & Associates

    3019 Phillips Ave, Mount Pleasant, WI 53403
  • /4

    $20,000

    • Land
    • 0.18 Acre
    • $111,111 per Acre

    1239 Highland Ave, Racine, WI 53403

    Discover this exceptional double lot, offering ample space and endless possibilities for your new home or investment project. Located in a growing neighborhood, this spacious partial will allow you to enjoy generous yard space, privacy, flexibility for landscaping, outdoor entertaining, or future expansions. This location offers convenient access to amenities, schools, parks, and public

    Angelo Selmon Realty Dreams LLC

    1239 Highland Ave, Racine, WI 53403
  • /2

    $129,900

    • 1,005 Sq Ft

    711 Kewaunee St, Racine, WI 53402

    Affordable duplex featuring 1 bedroom in each unit and completely turn key with tenants in place who would like to stay. The upper unit is unique with skylights, volume ceilings and an open concept living room/kitchen area. Both units offer in unit laundry and a 1 car attached garage. This property could use a little TLC but is priced appropriately and would make a great investment.

    Jerry Gulley Image Real Estate, Inc.

    711 Kewaunee St, Racine, WI 53402
  • /2

    $165,000

    • 1,803 Sq Ft

    1419 Geneva St, Racine, WI 53404

    Good size two family home that would be great for an owner occupant or addition to your investment portfolio. Large Yard a benefit.

    Ben Gentile Epique Realty

    1419 Geneva St, Racine, WI 53404
  • /2

    $199,900

    • 2,176 Sq Ft

    1320 Maple St, Racine, WI 53404

    Tucked away on a quiet dead end, this duplex is a great investment or owner occupant opportunity. 3 bedroom units in this condition are not easy to find and this duplex has two of them!

    Ben Gentile Epique Realty

    1320 Maple St, Racine, WI 53404

Home Trends in Racine, WI

Housing Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$259,000
Median 1 Bedroom Sale Price
$219,900
Average Price Per Sq Ft
$172
Number of Homes for Sale
172
Last 12 months Home Sales
1,070
Months of Supply
1.90
Median List Price
$237,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
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