512 16th, Racine, WI 53403
512 16th, Racine, WI 53403
512 16th, Racine, WI 53403
512 16th, Racine, WI 53403
512 16th, Racine, WI 53403
512 16th, Racine, WI 53403
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Listed by Lance Wooten Team* • Riverwest Realty Milwaukee
$ 499,900
Est. payment | /mo

8,712 Sqft Lot


Save
$ 499,900
Est. payment | /mo
Save

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1981365

Year Built 1920

Annual Tax Amount $8,204

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Description

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.

Location

State WI

County Racine

Zoning B1

Rooms

Basement Block, Full

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Brick, Wood

Parking Features Indoor Space

Building

Water Municipal Sewer, Municipal Water

Schools

School District Racine Unified

Metro MLS Back Office Only (CMA)

Nearby Schools & Businesses

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512 16th