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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
  • /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
  • /20

    $184,900

    • 2,290 Sq Ft

    508 8th St, Racine, WI 53403

    A solid four unit investment property in the heart of Racine! This property offers cash flow with plenty of upside for future value. Each unit features a functional, traditional layout. True fourplexes rarely come to market in this area, making this a standout opportunity for anyone looking to expand their portfolio with an income producing property close to downtown, transportation, and local

    Patrick Komperda Real Broker LLC

    508 8th St, Racine, WI 53403
  • /2

    $178,000

    • 1,200 Sq Ft

    1201 Doctor Martin Luther King Dr, Racine, WI 53404

    1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near

    William Reyes Gonzalez Only Real Estate Group

    1201 Doctor Martin Luther King Dr, Racine, WI 53404
  • /3

    $83,900

    • 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
  • /11

    $59,900

    • 1,200 Sq Ft

    2415 Prospect St, Racine, WI 53404

    Attention investors and renovators! This 4-bedroom, 2-bath duplex in Racine offers a fantastic opportunity to bring new life to a property with strong rental potential. Each unit features a functional layout, separate utilities, and good-sized living spacesready for updates and your creative touch. The property sits on a manageable lot with off-street parking and is conveniently located near

    Michael Rondon Rondon Real Estate LLC

    2415 Prospect St, Racine, WI 53404
  • /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
  • /25

    $209,900

    • 3 Beds
    • 1 Bath
    • 1,769 Sq Ft

    421 Augusta St, Racine, WI 53402

    Location! Location! Location! 2 Blocks from Lake Michigan, Beautiful Sandy Beach, Walking Path, Kids Playground and the Racine Zoo. You will find so much potential in this northeast side bungalow. Gorgeous hardwood floors, natural woodwork and spacious rooms. The living room features an artificial fireplace flanked by piano windows and an adjacent sunny space to enjoy your morning coffee. The

    Carolyn Jacobson First Weber Inc- Racine

    421 Augusta St, Racine, WI 53402
  • /10

    $79,900

    • 3 Beds
    • 1 Bath
    • 927 Sq Ft

    717 Hubbard St, Racine, WI 53402

    Solid investment or first-time homebuyer opportunity with this 3 bedroom, 1 bath home, currently occupied by a reliable tenant paying $800 per month plus utilities. The tenant is on a month-to-month lease, offering options for continued rental income or future occupancy. The property is being sold as-is, where-is, providing potential to add value with updates or improvements. A great fit for

    Ami May Realty ONE Group Boardwalk

    717 Hubbard St, Racine, WI 53402
  • /2

    $112,500

    • 2 Beds
    • 1 Bath
    • 1,186 Sq Ft

    1931 Harriet St, Racine, WI 53404

    Welcome to this exciting investment opportunity! This charming 2-bedroom, 1-bathroom home is brimming with potential, waiting for your personal touch to transform it into your dream space. This property features a spacious layout with a cozy living area and a sun room. The generous 2-car detached garage provides ample storage or could easily be converted into a workshop. With a little TLC, this

    Marisela Hernandez Homestead Realty, Inc

    1931 Harriet St, Racine, WI 53404
  • /7

    $180,000

    • 930 Sq Ft

    1642 Washington Ave, Racine, WI 53403

    PRIME RACINE INVESTMENT!!! Add this to your portfolio: a carry-out restaurant attached to a fully occupied duplex (2BR lower, 1BR upper. Each tenant is on a MTM), with a 2 car garage and on almost 1/4 acre of land. Flat roof was professionally repaired and basement wall was rebuilt. Don't miss this investment opportunity! More pictures coming soon!! This is listed as both ''commercial and

    Christina Boyle Realty Dreams LLC

    1642 Washington Ave, Racine, WI 53403
  • /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
  • /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
  • /14

    $589,000

    • 5,017 Sq Ft

    939 College Ave, Racine, WI 53403

    Great fully occupied investment opportunity. Beautiful Brick Building with 5 very unique units. Only blocks away from Lake Michigan, Downtown, and Gateway Technical College. This property offers one large 3/4-bedroom unit, and four one-bedroom units, along with a detached garage. All units include stove and refrigerator. Current rents total $4725/mo. Coin operated washer and dryer in basement for

    Patty Lemke Image Real Estate, Inc.

    939 College Ave, Racine, WI 53403
  • /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
  • /12

    $125,000

    1410 12th St, Racine, WI 53403

    Investor opportunity in Racine! This property features two separate houses on one lot. A front duplex and a rear single family home, totaling three units. The front duplex has had renovations completed and is in rent ready condition, while the rear home needs significant work, offering a great value add opportunity for the right buyer. Each unit has separate entrances and utilities, providing

    Patrick Komperda Real Broker LLC

    1410 12th St, 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
  • /4

    $129,900

    • 1,909 Sq Ft

    1504 Owen Ave, Racine, WI 53403

    2/3 duplex in Racine featuring a 2-bedroom lower unit and a spacious 3-bedroom upper unit. The lower unit is currently rented for $775 per month, and the upper brings in $1,145 per month, offering a solid investment opportunity with strong cash flow. Both units provide comfortable layouts with separate utilities and long-term tenants in place. Conveniently located near schools, parks, and local

    Holly Speranza Keller Williams-MNS Wauwatosa

    1504 Owen Ave, Racine, WI 53403
  • /12

    $228,000

    • 3 Beds
    • 1.5 Baths
    • 1,405 Sq Ft

    1901 Mount Pleasant St, Racine, WI 53404

    Charming 3-Bedroom Ranch in a Prime Location! Perfectly situated near shopping and schools, this well-maintained home offers a spacious cement driveway, 1.5-car garage, and fenced backyard, ideal for outdoor enjoyment. Inside, you'll love the open-concept layout with an eat-in kitchen, newly refinished hardwood floors throughout most of the main level, and updated windows that bring in plenty of

    Robin Smith Realty ONE Group Boardwalk

    1901 Mount Pleasant St, Racine, WI 53404
  • /10

    $229,000

    • 2,787 Sq Ft

    932 Peck Ave, Racine, WI 53404

    Discover timeless charm blended seamlessly with modern comfort in this beautifully updated Cream City brick Italianate triplex, ideally located next to the exciting new Lincoln-King redevelopment project. This rare investment opportunity showcases classic architectural detailarched windows, tall ceilings, ornate trimpaired with thoughtful contemporary upgrades throughout. Each unit offers bright,

    Benjamin Schmid Image Real Estate, Inc.

    932 Peck Ave, Racine, WI 53404
  • /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
  • /27

    $270,000

    • 3 Beds
    • 1 Bath
    • 1,374 Sq Ft

    6840 Carlin Ct, Mount Pleasant, WI 53406

    Mount Pleasant Ranch on a Quiet Cul-de-sac! This comfy, well-maintained home offers an open concept living - dinette - kitchen. 2 bow windows, spacious eating area, custom cabinetry and appliances. 3 good size bedrooms with wardrobe closets and a remodeled bathroom with a convenient Bath Fitters shower stall. The lower level features a rec room. exercise or craft room plus work and storage space.

    Carolyn Jacobson First Weber Inc- Racine

    6840 Carlin Ct, Mount Pleasant, WI 53406

Home Trends in Racine, WI

Housing Trends

Median Sale Price
$241,500
Median Single Family Sale Price
$243,000
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$258,500
Median 1 Bedroom Sale Price
$179,900
Average Price Per Sq Ft
$173
Number of Homes for Sale
99
Last 12 months Home Sales
1,047
Months of Supply
1.10
Median List Price
$240,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
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