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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

    2300 Rapids Dr, Racine, WI 53404
  • /2

    $1,950,000

    • 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

    3111 Wheelock Dr, Racine, WI 53405
  • /18

    $214,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,001 Sq Ft

    1515 Lombard Ave, Racine, WI 53402

    Welcome to 1515 Lombard Ave, a charming single-family home nestled in the highly desirable Wolff'S Town area on the north side of Racine. This classic 1,066-square-foot property built in 1923 perfectly blends vintage warmth with fantastic location perks, making it a stellar find for buyers or landlords looking for an investment.

    Agent Photo

    Ben Gentile

    Epique Realty

    1515 Lombard Ave, Racine, WI 53402
  • /16

    $350,000

    $125K PRICE DROP
    • 4,550 Sq Ft

    1028 S Memorial Dr, Racine, WI 53403

    Six unit multifamily investment opportunity. Favorable mix of 2 1 bedroom and 4 2 bedroom units with practical floor plans. Income growth through lease-up possible with four recently vacant units that are rent-ready with updated eat-in kitchens, paint and flooring. Two occupied units have long-term clients month-to-month. Plenty of off street parking off the alley in the back and green space for

    Susan Anderson Shorewest Realtors, Inc.

    1028 S Memorial Dr, Racine, WI 53403
  • /30

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,802 Sq Ft

    1215 Racine St, Racine, WI 53403

    Freshly refreshed from top to bottom! This large 3-bedroom, 2 full bath home offers updated living spaces with a refreshed interior throughout. The spacious layout is complemented by a full basement for added storage or future possibilities and a rear off-street parking slab for convenient parking. Ideally located on Racine's north side, you'll enjoy easy access to neighborhood parks, local

    Holly Speranza Keller Williams-MNS Wauwatosa

    1215 Racine St, Racine, WI 53403
  • /63

    $1,295,000

    • 18,984 Sq Ft

    840 Lake Ave, Racine, WI 53403

    STABILIZED LAKEFRONT INVESTMENT! A compelling opportunity to acquire a fully occupied, income-producing office asset in a highly desirable Lake Michigan location. Generating $178,538.16 in gross annual income and offering an attractive 7.07 CAP rate, this well-maintained 3 story property features ample off-street parking and a strategic location near Downtown Racine's Courthouse and City Hall.

    Anna Maria DeRango DeRango Real Estate Services

    840 Lake Ave, Racine, WI 53403
  • /24

    $1,870,000

    • 700 Sq Ft

    3200 Indiana St, Racine, WI 53405

    Fully Occupied 20-unit apartment investment opportunity at 3200 Indiana St in Racine. Built in 1979, the property consists of 20 one-bedroom units averaging approximately 700 SF. Eight units have been renovated within the past year with updated flooring, appliances, kitchens and bathrooms, along with improvements to the common areas. Current rents average $976/unit with pro forma rents of $1,125,

    Max Fiascone Apartment Cash Flow, Inc.

    3200 Indiana St, Racine, WI 53405
  • /22

    $180,000

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    3438 9th Ave, Racine, WI 53402

    Welcome home to this charming property. Offering comfortable living spaces and a functional layout, this home provides a wonderful opportunity for homeowners and investors alike. Features include spacious rooms filled with natural light,gleaming hardwood floors, inviting living areas perfect for everyday living and entertaining, and a layout designed for comfort and convenience. Conveniently

    Margaret Jacobson MAJ Real Estate LLC

    3438 9th Ave, Racine, WI 53402
  • /4

    $160,000

    • 4 Beds
    • 2 Baths
    • 1,666 Sq Ft

    926 N Memorial Dr, Racine, WI 53404

    Investment Opportunity with Tenant in Place! This 4-bedroom, 2-bath, 2-story home offers approximately 1 square feet of living space. New water heater in 2024, Furnace replaced in 2025 provides an excellent opportunity for an investor looking to add to their rental portfolio. Currently tenant occupied (on a month to month lease) providing an opportunity for a new owner to acquire the property as

    Jennifer Kortendick Realty ONE Group Boardwalk

    926 N Memorial Dr, Racine, WI 53404
  • /80

    $1,500,000

    • 20,340 Sq Ft

    510 College Ave, Racine, WI 53403

    Exceptional downtown Racine office building offering approximately 23,520 SF across three levels with a rare 77 on-site parking spaces. This historic brick property blends character with modern updates, including a newer roof, HVAC systems, lighting, and flooring. Flexible floor plan with separate entrances and mechanical systems supports a variety of uses including owner-user occupancy,

    Angela Hrouda Realty ONE Group Boardwalk

    510 College Ave, Racine, WI 53403
  • /45

    $644,997

    • 4,457 Sq Ft

    920 Main St, Racine, WI 53403

    Turn-of-the-century 8-unit property offering strong rental income and classic architectural appeal. The building features high ceilings, large windows for abundant natural light, and original hardwood flooring throughout. Each unit offers a one-bedroom layout with a combined living and kitchen area, along with a separate bedroom and full bathroom. Almost fully occupied with steady tenants, this

    Devin Cain Realty ONE Group Boardwalk

    920 Main St, Racine, WI 53403
  • /4

    $87,900

    • 5 Beds
    • 2 Baths
    • 2,010 Sq Ft

    1124 Lasalle St, Racine, WI 53404

    Spacious 3/2 duplex in Racine offering over 2,000 sq ft and full occupancy, making it a great investment opportunity. The lower unit rents for $1,000 per month and the upper unit rents for $650 per month. Property features a large front porch, generous windows, and shared driveway and parking spaces with the neighboring property, which is also available for sale. Conveniently located near Racine

    Holly Speranza Keller Williams-MNS Wauwatosa

    1124 Lasalle St, Racine, WI 53404
  • /33

    $240,000

    $20K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,630 Sq Ft

    2415 Prospect St, Racine, WI 53404

    Welcome to 2415 Prospect Street -- a beautifully updated duplex offering the perfect blend of comfort, location, and investment potential. This spacious two-family property features updated kitchens, bathrooms, flooring, windows, furnace, and roof. Enjoy a private driveway, detached 2-car garage, and a large backyard overlooking the beauty of Lincoln Park and the Root River area. Whether you're

    Leovigildo Villa Berkshire Hathaway HomeServices Metro Realty-Racine

    2415 Prospect St, Racine, WI 53404
  • /6

    $140,000

    • 2 Beds
    • 1 Bath
    • 1,161 Sq Ft

    930 N Memorial Dr, Racine, WI 53404

    Investment Opportunity with Tenant in Place! This 2-bedroom, 1-bath, Ranch home offers approximately 1161 square feet of living space. New water heater in 2026, Furnace replaced in 2026 provides an excellent opportunity for an investor looking to add to their rental portfolio. Currently tenant occupied (Tenant in a lease until 2-28-27) providing an opportunity for a new owner to acquire the

    Jennifer Kortendick Realty ONE Group Boardwalk

    930 N Memorial Dr, Racine, WI 53404
  • /7

    $635,000

    • 7,385 Sq Ft

    1409 Washington Ave, Racine, WI 53403

    Investment opportunity, fully occupied with long term lease tenant (15 yr lease, NN lease with steady base rent increase throughout the lease term), collect income with this golden opportunity. Landlord has done multiple updates to the inside, new vinyl plank flooring throughout, fresh layer of paint, new HVAC ducts (parts of the building), a few remodeled rooms.

    Emmad Jamaleddin Dream House Realties

    1409 Washington Ave, Racine, WI 53403
  • /15

    $149,999

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft

    413 Park View Dr, Racine, WI 53404

    Great investment opportunity! This duplex is looking for its next owner and features two 2 bedroom, 1 bath units with great income potential. Perfect investors looking to expand their portfolio! Updated home in 2024 newer floors, fresh paint, updated cabinets. Hot water heater and furnace were installed 2021. Low maintenance Schedule a showing today.

    Miesha Moorer Moorer Realty

    413 Park View Dr, Racine, WI 53404
  • /13

    $299,000

    • 5,400 Sq Ft

    335 Main St, Racine, WI 53403

    Downtown Racine mixed-use investment opportunity on Main Street, just one block from the Racine Harbor. This 3-story, 5,400 SF building offers a diverse unit mix, including a commercial storefront occupied by the longstanding Cosmic Corner (now Sunshine Daydream). The property features six residential units, including two spacious one-bedroom apartments with flexible multi-room layouts and four

    Sonny Kovacevic Coldwell Banker Realty

    335 Main St, Racine, WI 53403
  • /39

    $329,900

    $20K PRICE DROP
    • 6,016 Sq Ft

    1300 Douglas Ave, Racine, WI 53402

    Positioned in a high-visibility location just north of downtown Racine, this mixed-use property offers a fantastic investment or owner-occupant opportunity. The building features a commercial storefront space along with three residential apartments, as well as a large 3 car garage space creating multiple income streams under one roof. The commercial space is currently leased, and 1 of the

    Jennifer Kortendick Realty ONE Group Boardwalk

    1300 Douglas Ave, Racine, WI 53402
  • /2

    $23,000

    • Land
    • 7,840 Sq Ft
    • $127,778 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
  • /15

    $499,900

    512 16th St, Racine, WI 53403

    Here we have a rare 5 unit building cash flowing at almost $5000 per month. 4 blocks from the beautiful Racine Beach. All feature 2-3 bedrooms with 1 bathroom. Units were all updated 4-5 years ago. Roof was installed in April of 2025. Dry basement and untapped income potential of 4 car garage that is not being utilized currently. Fully rented and turn key do not miss out on your chance to own

    Lance Wooten Riverwest Realty Milwaukee

    512 16th St, Racine, WI 53403
  • /29

    $299,000

    • 2,945 Sq Ft

    1027 Albert St, Racine, WI 53404

    Great investment opportunity with immediate cash flow! Three-unit property featuring two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 have been recently remodeled. Unit 2 is vacant and ready for occupancy, while Units 1 and 3 are occupied with tenants who would like to stay. Basement offers coin-operated laundry with 2 washers and 2 dryers plus tenant storage. Tenants pay their own gas

    Natalie Masse Movoto, Inc.

    1027 Albert St, Racine, WI 53404
  • /23

    $215,000

    $35K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,772 Sq Ft

    2337 Hansen Ave, Racine, WI 53405

    Great investment opportunity in Racine! This spacious 2-unit family home offers strong income potential with 2 units (occupied), each featuring 2 beds and 1 bath. Conveniently located near schools, parks, shopping, and local amenities. Property features ample living space, off-street parking, and a detached garage. Whether you're looking to expand your investment portfolio or occupy one unit

    Wendell Funderburg Funderburg & Associates

    2337 Hansen Ave, Racine, WI 53405
  • /19

    $189,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,117 Sq Ft

    1115 Lewis St, Racine, WI 53404

    Perfect for First-Time Home Buyers or Investors! Welcome to this beautifully remodeled, move-in-ready home featuring numerous updates throughout. The newly renovated kitchen offers modern finishes and granite countertops, while the updated bathroom includes a stylish tiled shower surround. Additional improvements include new plumbing and drains, water heater, furnace & appliances, along with

    Dena Prestininzi @properties

    1115 Lewis St, Racine, WI 53404
  • /20

    $220,000

    $9K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,948 Sq Ft

    1234 Highland Ave, Racine, WI 53403

    Don't miss this opportunity to add a solid income-producing property to your investment portfolio. This duplex offers approximately 1,948 square feet of living space with 2 bedrooms and 1bathroom in each unit. The upper unit features spacious bedrooms and newer flooring throughout, creating a fresh and inviting living space. The lower unit includes a new porch railing, a newly installed screen

    Christina Boyle Realty Dreams LLC

    1234 Highland Ave, Racine, WI 53403
  • /13

    $245,000

    $20K PRICE DROP
    • 2,954 Sq Ft

    927 Marquette St, Racine, WI 53404

    Investors, take note! Whether you're expanding your portfolio or just getting started, this 4-unit property presents an excellent opportunity. Each unit offers 2 bedrooms and 1 bath, providing comfortable and functional living spaces for tenants. Unit 4 has been recently remodeled, featuring an updated kitchen and new flooring. Ideally located near downtown Racine, the property is within close

    Tiffany Harding Berkshire Hathaway Home Services Epic Real Estate

    927 Marquette St, Racine, WI 53404
  • /31

    $589,997

    $10K PRICE DROP
    • 8,505 Sq Ft

    330 Main St, Racine, WI 53403

    Exceptional mixed-use investment opportunity in the heart of Downtown Racine. This meticulously maintained three-story brick building combines approximately 2,200 sqft of commercial space with two beautifully renovated upper residential units, offering multiple income streams and long-term upside. The second-floor residence features approximately 2,200 square feet with two bedrooms, a full bath,

    Devin Cain Realty ONE Group Boardwalk

    330 Main St, Racine, WI 53403
  • /5

    $150,000

    • 4 Beds
    • 1 Bath
    • 1,202 Sq Ft

    413 N Memorial Dr, Racine, WI 53404

    Investment Opportunity with Tenant in Place! This 4-bedroom, 1-bath, 1.5-story home offers approximately 1202 square feet of living space. Driveway and Large backyard. New water heater in 2025, Furnace replaced 2016 and newer windows, provides an excellent opportunity for an investor looking to add to their rental portfolio. Currently tenant occupied(on a month to month lease) providing an

    Jennifer Kortendick Realty ONE Group Boardwalk

    413 N Memorial Dr, Racine, WI 53404
  • /14

    $299,000

    • 2,496 Sq Ft

    3010 17th St, Racine, WI 53405

    reat West Racine triplex featuring one large 2-bedroom unit and two 1-bedroom units with approximately $3,200 in monthly rents. Units include kitchen cabinets, countertops, shower surrounds, vinyl thermal-pane windows, and vinyl plank flooring. Separate utilities and furnaces offer efficient management. The property has strong cash flow with room for continued modernization and long-term value

    Anthony Wooden Only Real Estate Group

    3010 17th St, Racine, WI 53405
  • /16

    $365,000

    $10K PRICE DROP

    4048 Marquette Dr, Racine, WI 53402

    Cash-flowing 4-family ready for your next investment property or house hack, with the other units helping cover your mortgage. The property features four updated two-bedroom, one-bath units, all with LVP flooring. The furnaces and central AC units were replaced in 2023-2024, giving you peace of mind for years to come. Current rent roll is $3,055 (Once filled $4000+) one unit is vacant and ready

    Adam Pischke ReBelle Realty

    4048 Marquette Dr, Racine, WI 53402
  • /8

    $99,900

    • 6 Beds
    • 2 Baths
    • 1,744 Sq Ft

    1846 Center St, Racine, WI 53403

    A versatile opportunity awaits at 1846 Center Street, offering a two-family property with flexible possibilities for an owner-occupant, extended household, or investment portfolio. Each unit provides its own living space with functional layouts, natural light, and room to personalize, giving the next owner an opportunity to add value while creating spaces that suit their needs. The property's

    Christopher Clark Grandview Realty

    1846 Center St, Racine, WI 53403
  • /63

    $1,440,000

    • 12,360 Sq Ft

    614 6th St, Racine, WI 53403

    Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back! Recent improvements

    Devin Cain Realty ONE Group Boardwalk

    614 6th St, Racine, WI 53403
  • /22

    $199,999

    $30K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,328 Sq Ft

    2009 Slauson Ave, Racine, WI 53403

    SMART INVESTMENT OPPORTUNITY! Own this spacious 2/1, 3/1 brick duplex in the heart of Racine! This well-sized property offers generous living space in both units, making it ideal for owner-occupants and investors alike. Each unit features large living areas, comfortable bedrooms, and functional layouts that provide plenty of room to spread out. Enjoy separate entrances and ample natural light

    Michael Rondon Rondon Real Estate LLC

    2009 Slauson Ave, Racine, WI 53403
  • /33

    $274,900

    $25K PRICE DROP
    • 3,380 Sq Ft

    1200 N Main St, Racine, WI 53402

    Prime Downtown Location - Investment Opportunity! Highly visible, this versatile mixed-use property offers an excellent opportunity for investors or owner-occupants. Main level features a storefront perfect for retail or office use, while the upper level has a recently updated 3-bedroom apartment - ideal for rental income or live-work flexibility. Significant improvements have been completed

    Denise Prough Shorewest Realtors, Inc.

    1200 N Main St, Racine, WI 53402
  • /23

    $159,000

    • 3 Beds
    • 2 Baths
    • 1,041 Sq Ft

    2812 Durand Ave, Racine, WI 53403

    This property offers excellent potential for investors looking for their next renovation project. Whether you're planning a profitable fix-and-flip or adding to your long-term investment portfolio, this property provides the opportunity to create value in an established Racine neighborhood. Bring your vision and unlock the possibilities this property has to offer. All measurements, dimensions,

    Doug Nelson ListWithFreedom.com

    2812 Durand Ave, Racine, WI 53403
  • /36

    $720,000

    $80K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 4,166 Sq Ft

    1520 College Ave, Racine, WI 53403

    Step into a piece of Racine history with this stunning Queen Anne Victorian masterpiece on iconic College Avenue. Rich in character and timeless elegance, this remarkable home blends historic architecture with modern comforts across more than 4,100 square feet. From intricate woodwork and grand living spaces to soaring ceilings and vintage charm, every detail tells a story. Located on picturesque

    Eva Lopez EXP Realty, LLC~MKE

    1520 College Ave, Racine, WI 53403

Home Price Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$255,000
Median Townhouse Sale Price
$281,250
Median 2 Bedroom Sale Price
$210,000
Median 1 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
35
Last 12 months Home Sales
1,025
Months of Supply
1.90
Median List Price
$254,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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