NEW 11 HRS AGO

Listed by Suanne Riley • Riley Real Estate Group LLC.

For sale

$429,900

Est. $3,022/mo —

—

•

4,032

sq ft

1001 Prospect St, Racine, WI 53404

About this home

Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft. , 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.

Multi-familyProperty Type

1890Year Built

5,662 sq ftLot Size

$107Price/Sq.Ft.

Listed by Suanne Riley • Riley Real Estate Group LLC

Listing updated: Oct 1, 2026 at 01:53pm

Redfin checked: a minute ago

•Source:MetroMLS as distributed by WIREX #1982890

Payment calculator

$3,022 per month

Principal and interest$2,434

Property taxes

$484

HOA dues

Home insurance

$104

Utilities

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Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Friday, October 2

Open houses

No upcoming open houses.

Nearby open houses (10)

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$325,000
3 beds1.5 baths1,818 sq ft
3920 Kinzie Ave, Racine, WI 53405
Gracie Davitz • EXP Realty, LLC MKE
OPEN FRI, 4:30PM TO 6PM
$199,900
2 beds1.5 baths1,253 sq ft
2906 Old Mill Dr Unit A-3, Racine, WI 53405
Lindsay Mertz • Shorewest Realtors, Inc.
OPEN SAT, 10AM TO 12PM
$484,900
3 beds2.5 baths1,510 sq ft
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Jennifer Landro Real Estate Team* • LPT Realty
OPEN SAT, 10:30AM TO 12PM
$199,900
2 beds2 baths1,100 sq ft
7000 Mariner Dr #104, Mt Pleasant, WI 53406
Shelly Bethke • RE/MAX Newport
OPEN SAT, 10:30AM TO 12PM
$458,900
4 beds1.5 baths1,982 sq ft
9301 S Sherwood Dr, Franklin, WI 53132
Anthony Mattice • First Weber Inc- Greenfield
OPEN SAT, 11AM TO 1PM
$600,000
3 beds3 baths1,939 sq ft
3012 30th St, Kenosha, WI 53144
Brianna Widmar • Epique Realty
OPEN SAT, 12PM TO 2PM
$559,900
3 beds3.5 baths3,012 sq ft
6524 Biscayne Ave, Racine, WI 53406
Shelly Bethke • RE/MAX Newport
OPEN SAT, 2:30PM TO 4PM
$499,999
4 beds3 baths3,800 sq ft
520 Green Valley Dr, Mt Pleasant, WI 53406
Shelly Bethke • RE/MAX Newport
OPEN SAT, 3:30PM TO 5PM
$330,000
3 beds2 baths2,500 sq ft
1020 Coronada Dr, Racine, WI 53402
Angelek Anzelmo • RE/MAX Forward-Mukwonago
OPEN SUN, 2:30PM TO 4PM
$525,000
4 beds2.5 baths2,168 sq ft
3762 E Stargrass Ln, Oak Creek, WI 53154
Jessica Hinnawi • Keller Williams-MNS Wauwatosa

Around this home

Schools

K - 12
Preschool & daycare

Julian Thomas Elementary School

Public PreK-5 • Assigned • 0.2mi

4/10

Jerstad-Agerholm Elementary School

Public PreK-8 • Assigned • 2.1mi

1/10

Horlick High School

Public 9-12 • Assigned • 1.3mi

3/10

Provided by GreatSchools

About Sage

Town

Sage Town, located between Downtown Racine and the Lake Michigan shoreline, is a residential and mixed-use Racine neighborhood with walkable blocks and a lake-breeze streetscape. The neighborhood’s character concentrates around the 6th St and Main St corridor, where corner taverns, indie storefronts, and old-school service counters set a steady, lived-in rhythm. Architectural cues lean toward early-20th-century houses and compact apartment buildings, with mature trees framing the sidewalks. Reefpoint Brewing Co. and the Racine Art Museum (RAM) anchor local culture with craft pours and contemporary exhibitions. North Beach Park and the lakefront paths shape daily routines with open sand, water views, and seasonal events.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Full basement
Multi-family building with 4 units

Bathrooms
Four full bathrooms

Laundry & utility
Seller-owned water heater

Heating & cooling
Natural gas heating

Sale and tax history for 1001 Prospect St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$5,807 (+9.6%)

$9,000 + $209,900

$218,900

2024

$5,300 (+9.0%)

$9,000 + $190,000

$199,000

2023

$4,861 (+15.4%)

$9,000 + $164,000

$173,000

2022

$4,211 (+2.2%)

$9,000 + $141,000

$150,000

2021

$4,121 (+1.3%)

$9,000 + $121,000

$130,000

2020

$4,067 (+8.5%)

$9,000 + $121,000

$130,000

2019

$3,750 (+10.2%)

$9,000 + $111,000

$120,000

2018

$3,401 (−1.1%)

$9,000 + $100,000

$109,000

2017

$3,439 (+2.6%)

$9,000 + $96,000

$105,000

2016

$3,351 (+3.5%)

$9,000 + $91,000

$100,000

2014

$3,237 (−4.8%)

$9,000 + $91,000

$100,000

2013

$3,400

$10,100 + $95,900

$106,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

5,619 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

4,032

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,032

Year built

1890

Style

Multi-Family (5+ Unit)

County

Racine County

APN

02684000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

R-3

Limited General Residence District

The R3 limited general residence district is intended to provide areas which are to be occupied substantially by single-family and two-family dwellings and attached dwellings. It is designed to accommodate limited apartment dwellings while maintaining a low density owner-occupancy character.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Recreation
Golf related
Park & open space

Climate risks

5/10 Flood Factor

Estimated 59-73% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 95° expected this year, 13 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Racine, WI • 53404

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1001 Prospect St

$429,543

$357 under list price of $430K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $156K to $421K.

SOLD JUN 26, 2026
$200,000 Last sold price
— beds— baths2,290 sq ft
508 8th St, Racine, WI 53403
$20/sq ft
smaller lot
25 years newer
SOLD MAY 8, 2026
$269,900 Last sold price
5 beds2 baths1,826 sq ft
1206 Carlisle Ave, Racine, WI 53404
$41/sq ft
larger lot
20 years newer
SOLD MAY 15, 2026
$190,000 Last sold price
6 beds2 baths2,651 sq ft
1615 W 6th St, Racine, WI 53404
$35/sq ft
10 years newer
SOLD SEP 18, 2026
$156,000 Last sold price
4 beds2 baths1,908 sq ft
1012 Hamilton St, Racine, WI 53404
$25/sq ft
smaller lot
10 years newer
SOLD JUN 5, 2026
$421,000 Last sold price
4 beds2 baths1,946 sq ft
1632 Michigan Blvd, Racine, WI 53402
$109/sq ft
10 years older
SOLD APR 23, 2026
$245,000 Last sold price
6 beds2 baths1,833 sq ft
630 Hagerer St, Racine, WI 53402
$27/sq ft
smaller lot
10 years newer

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(262) 300-5710

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New listings for sale in 53404

NEW 11 HRS AGO

$429,900

— beds4 baths4,032 sq ft

1001 Prospect St, Racine, WI 53404

Suanne Riley • Riley Real Estate Group LLC

NEW 1 DAY AGO

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NEW 1 DAY AGO

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Nick Sustache • RealtyPro Professional Real Estate Group LLC

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Deronica Bulger • SynerG Realty LLC

Details provided by MetroMLS as distributed by WIREX and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1001 Prospect St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1001 Prospect St

Nearby similar homes

New listings for sale in 53404

More real estate resources