1131 Erie STREET, Racine, WI 53402

Local realty services provided by:ERA MyPro Realty
#1#2#3
Listed by:paul proano
Office:coldwell banker realty
MLS#:1912708
Source:Metro MLS
1131 Erie STREET,Racine, WI 53402
$750,000
  • - Beds
  • - Baths
  • 4,148 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$750,000
  • Price per sq. ft.:$180.81

About this home

Exceptional opportunity to acquire a fully renovated, cash-flowing 7-unit multi-family in vibrant Downtown Racine. This turnkey property spans two buildings on one parcel and includes four 2-bed/1-bath and three 1-bed/1-bath units. Each unit has been gut-renovated with LVP flooring, LG stainless steel appliances, modern lighting, and stylish finishes. Major upgrades include new roofs, siding, windows, porches, and updated mechanicals. Amenities include a full basement with tenant storage and on-site laundry. Ideal for investors seeking a low-maintenance, stabilized asset with strong income potential and long-term upside.

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Home facts

  • Year built:1900
  • Listing Id #:1912708
  • Added:129 day(s) ago
  • Updated:August 15, 2025 at 07:37 AM

Rooms and interior

  • Living area:4,148 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:4,148 sq. ft.
  • Lot area:0.12 Acres

Schools

  • Middle school:Jerstad-Agerholm
  • Elementary school:Julian Thomas

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$180.81
  • Tax amount:$4,799 (2023)
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