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Investment - Homes for Sale in Racine, WI

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  • /6

    $1,249,900

    • 32,748 Sq Ft

    2300 Rapids Dr, Racine, WI 53404

    The site currently includes a Flex Gym, boasting new HVAC systems and updated lighting, ensuring a comfortable and efficient workout environment. Additional tenants include a well-established nail salon, Yellow Ginger restaurant, and a WIC office, catering to a variety of community needs. Family Furniture and Family Dollar further enhance the convenience of this location. Ample parking is

    Agent Photo

    Karen Sorenson

    RE/MAX Newport

    (262) 500-3411

    2300 Rapids Dr, Racine, WI 53404
  • /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
  • /20

    $169,900 Open Fri 4PM - 6PM

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft

    1316 Erie St, Racine, WI 53402

    Step into this charming 1.5 story single family just blocks from North Beach Park and the buzz of downtown Racine. Enjoy the conveniences of having a full bathroom on each floor along with a main level laundry room. Several bonus spaces throughout await new purpose and meaning. A fenced back yard will make great for barbeques and gatherings. Could be ideal for first time buyers and/or an

    Jordan Schultz Shorewest Realtors, Inc.

    1316 Erie St, Racine, WI 53402
  • /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
  • /32

    $650,000

    • 4,872 Sq Ft

    228 Main St, Racine, WI 53403

    This is a rare opportunity to acquire a spectacular income-generating building (restaurant business not included) in Downtown Racine, just steps from Lake Michigan. Featuring historic architecture, the almost 5,000 sqft building with coveted Cream City Brick has been kept in superb condition. A reliable, established restaurant leases the desirable street-level space, while the upstairs features

    Anthony Veranth Mahler Sotheby's International Realty

    228 Main St, Racine, WI 53403
  • /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
  • /16

    $174,900

    • 5 Beds
    • 2 Baths
    • 1,988 Sq Ft

    1842 Lasalle St, Racine, WI 53402

    This well-maintained duplex is ready for an owner-occupant or a savvy investor looking to continue collecting cash flow. The current rent roll is $2,025/month with room to increase. The lower unit features a spacious 3-bedroom layout with a generous living area, while the upper offers a comfortable 2-bedroom apartment. Professional property management is already in place, making this a true

    Adam Pischke ReBelle Realty

    1842 Lasalle St, Racine, WI 53402
  • /29

    $349,900

    • 3,380 Sq Ft

    1200 N Main St, Racine, WI 53402

    Ideal location, highly visible, and easily accessible: This mixed use commercial building is a great opportunity for investment or a place to own and operate your business. A solid, clean, and well maintained building with a new roof, windows, HVAC, water heater, and paint within the last five years provides a base for easy ownership and management. The large commercial unit offers a large, open

    John Newland TerraNova Real Estate

    1200 N Main St, Racine, WI 53402
  • /26

    $525,000

    • 3,624 Sq Ft

    2932 Northwestern Ave, Racine, WI 53404

    Discover this amazing Investment opportunity! This commercial property gives residential vibes through-out. Originally a single family home, this property has been converted to commercial use. Custom receptionist area with cozy gas fireplace welcomes you. Several separate rooms that have been converted to accommodate the current use of the building. Upper level has 4 separate rooms with large

    Robin Polzin Shorewest Realtors, Inc.

    2932 Northwestern Ave, Racine, WI 53404
  • /10

    $350,000

    • 4,030 Sq Ft

    409 Main St, Racine, WI 53403

    409 Main Street is a rare downtown investment opportunity with modern upgrades and future upside, current rents are under market. The striking facade was refreshed in 2021, giving this historic property instant curb appeal. The versatile commercial space was fully rehabbed in 2019, and above, a one-bedroom apartment was completely updated in 2025. Plans and architectural drawings are completed to

    Bradley Buntrock Coldwell Banker Realty

    409 Main St, Racine, WI 53403

Home Trends in Racine, WI

Housing Trends

Median Sale Price
$242,250
Median Single Family Sale Price
$244,000
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$258,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$172
Number of Homes for Sale
56
Last 12 months Home Sales
1,030
Months of Supply
0.70
Median List Price
$240,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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