512 16th STREET, Racine, WI 53403

Racine
Local realty services provided by:ERA MyPro Realty
Listed by: lance wooten team*
Office: riverwest realty milwaukee
MLS#:1981365
Source:WIREX via South Central Wisconsin MLS
512 16th STREET,Racine, WI 53403
$489,900
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$489,900

About this home

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 this quality investment.

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Home facts

  • Year built:1920
  • Listing ID #:1981365
  • Added:56 day(s) ago
  • Updated:November 14, 2026 at 10:01 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1920
  • Lot area:0.2 Acres
  • Construction Materials:Brick, Brick/Stone, Wood
  • Foundation Description:Block

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$489,900
  • Tax amount:$8,204 (2025)

Parking

  • Parking description:Garage - Indoor Space, Inside Parking, Outside
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