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Investment - Homes for Sale in Racine, WI

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  • /50

    $359,700

    • 3,249 Sq Ft

    334 Main St, Racine, WI 53403

    Discover a premier investment in the heart of downtown Racine! This historic 2-story brick building (circa 1875) offers a unique mixed-use opportunity. The 1st floor features a versatile commercial space with high visibility on Main Street, huge display windows, an office, and storage. The 2nd floor boasts a spacious, fully-equipped luxury loft apartment perfect for modern downtown living by the

    Agent Photo

    Joe Cardenas

    JC Realtors

    (262) 235-5761

    334 Main St, Racine, WI 53403
  • /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

    (262) 235-7554

    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

    $149,900

    • 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
  • /41

    $265,000

    • 4 Beds
    • 2 Baths
    • 1,747 Sq Ft

    2931 Olive St, Racine, WI 53403

    Well maintained 2 family home offering 2 bedrooms and 1 full bath in each unit! Both units feature beautifully refinished hardwood floors that add warmth and character throughout. The upper unit is currently rented, providing immediate income potential, while the lower unit is vacant and ready for an owner-occupant or additional rental income. Spacious layouts, classic charm, and flexible living

    Ann Carbajal Shorewest Realtors, Inc.

    2931 Olive St, Racine, WI 53403
  • /15

    $190,000

    • 4 Beds
    • 2 Baths
    • 2,255 Sq Ft

    1718 Erie St, Racine, WI 53402

    Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced

    Melissa Lenz Shorewest Realtors, Inc.

    1718 Erie St, Racine, WI 53402
  • /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
  • /3

    $259,900

    • 3 Beds
    • 2 Baths
    • 2,048 Sq Ft

    2818 Gilson St, Racine, WI 53403

    Don't miss this classic Southside duplex--an ideal investment or owner-occupant opportunity! The maintenance-free exterior offers easy upkeep and lasting curb appeal. The spacious first-floor unit features beautiful natural woodwork, a cozy carpeted living room with coved ceiling, formal dining room with ceiling fan, and a functional kitchen with warm wood cabinetry. Two bedrooms boast hardwood

    John Crimmings First Weber Inc- Racine

    2818 Gilson St, Racine, WI 53403
  • /31

    $274,900

    • 2,846 Sq Ft

    1015 Hagerer St, Racine, WI 53402

    Excellent investment opportunity. 4 units all 1 bedroom 1 bath with eat in kitchen and living room. Brand new concrete and porches just completed. Upper unit #4 currently vacant and in ready to move in condition. Very very long term tenants currently with under market rental rates. Unit #1 lease up June 30th all others are month to month. 2 car detached garage, nice sized back yard. Plenty of off

    William Schmidt Redefined Realty Advisors LLC

    1015 Hagerer St, Racine, WI 53402
  • /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
  • /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
  • /13

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,480 Sq Ft

    1240 Erie St, Racine, WI 53402

    If you are looking for an investment property or want to live in the lower and let someone else pay part of your mortgage this might be the property for you! The property has easy access to main roads and downtown. The lower has 2 bedrooms and upper is a 1 bedroom unit.

    Ed Pestka Shorewest Realtors, Inc.

    1240 Erie St, Racine, WI 53402
  • /11

    $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
  • /22

    $229,900

    • 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

    $299,900

    • 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
  • /21

    $249,900

    739 Villa St, Racine, WI 53403

    A Profitable Multifamily Property Just Steps from Downtown Racine and the lake. This property presents an ideal chance to live in one unit while generating cash flow to cover your mortgage. The spacious, updated three-bedroom unit is primed for the next owner or tenant, while the other two units are currently rented and already producing income. This investment opportunity is perfect for the next

    Adam Pischke ReBelle Realty

    739 Villa St, Racine, WI 53403
  • /13

    $449,000

    • Land
    • 1.87 Acres
    • $240,107 per Acre

    5118 Graceland Blvd, Mount Pleasant, WI 53406

    Amazing investment opportunity. 1.87 acre property that can have multi-unit dwellings built on. Currently has a home with a detached garage that is being rented for $1200 a month. Next to Graceland Arms Apartment Complex. Bring your creative investors!

    Julie Algrim Shorewest Realtors, Inc.

    5118 Graceland Blvd, Mount Pleasant, WI 53406

Home Trends in Racine, WI

Housing Trends

Median Sale Price
$243,500
Median Single Family Sale Price
$245,000
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$256,650
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$174
Number of Homes for Sale
58
Last 12 months Home Sales
1,027
Months of Supply
0.70
Median List Price
$245,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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