Investment opportunity! This two-family home is ideally situated just minutes from downtown Racine and a short walk to the beautiful shores of Lake Michigan. Currently generating $2,300 per month in rental income, this property is perfect for investors seeking strong cash flow or homeowners looking to offset their mortgage with rental income. Lower lease is month to month, and upper leased until 2/28/26. Each unit offers spacious living areas, with separate entrances and tenant paid utilities. A new roof installed in 2024, with a 15 year warranty, provides peace of mind. Tenants enjoy close proximity to local shops, restaurants, and public transportation, making this a desirable rental loca
Excellent opportunity! Mixed use building with lots of options. 3 occupied apartments with $3075 in monthly rents and a vacant commercial storefront. Great option for your business use or rent out for additional income. Apartments include 3BR ($1100/mth), huge 2BR ($1100/mth) and 1 BR ($875/mth). Schedule your showing today!
GREAT INCOME PRODUCER! This well-maintained 4-family property includes a mix of units: one spacious 2-bedroom, one 1-bedroom, one large efficiency, and one smaller efficiency--ideal for maximizing rental income. Recent updates throughout include modern flooring, refreshed kitchens and bathrooms, and updated fixtures, offering turnkey appeal for both tenants and investors. Located within walking distance to Lake Michigan, the Root River, vibrant Downtown Racine, and public transportation, this property combines convenience, steady cash flow, and long-term value. A smart addition to any portfolio!
Refreshed kitchens • Modern flooring • Refreshed bathrooms
Reliance Real Estate Team* • Keller Williams Realty-Milwaukee Southwest
ABOUT THIS HOME
The 9th Ward, WI Homes for Sale
Stabilized 34-Unit (Multifamily + Commercial) with New Roof & Proven Cash Flow. Smart investors: welcome to 1639 Douglas Ave, Racine, WI--a stabilized and cash-flowing multifamily investment with immediate income and long-term upside. This 34-unit property (plus rentable commercial suite) has maintained consistently strong occupancy, & offers future rent growth potential through light operational improvements. 32 Residential units + 2 Commercial units (one is management office). New roof 2023 - major capex item off the table. Monthly gross rent: $17,700 & room to grow. Professional management willing to stay on for seamless transition.
If you are looking for a solid investment opportunity, here's your chance! All brick two family residence. Large pantry's in both units, mostly fenced in yard. 2.5 car garage. Upper unit is nicely remodeled with hardwood/hardwood sim floors in main living areas. Bedrooms have all new carpet. Upper unit is vacant and can be shown anytime. Lower is occupied with a long term tenant.
Come view this Investor Special and/or potential owner occupied on this all Brick Home. Character & Charm describe the outside of this Home that's located within walking distance to the Lake, Racine Zoo & a couple minute drive to the Downtown area near all the Restaurants & Entertainment. This property features almost 1500 sq ft of space, a Large 2.5 Car Garage, Large Dining Room & Eat-In Kitchen. This Home also features Natural Hardwood Floors upstairs and possibly under first floor Carpet, Room for a 4th Bedroom upstairs, a Walk-Out Basement, Built-in Pantry in the Kitchen. Roof & Electric in great shape with some newer windows. Main water line that cost over
6,969 sq ft lot • 2 garage spots • Somewhat walkable
Gary Frederick • Epique Realty
ABOUT THIS HOME
The 9th Ward, WI Homes for Sale
This thoughtfully refreshed home features a spacious master bedroom and den upstairs, plus a main floor bedroom and full bath. The interior boasts fresh paint and updated kitchen and bath. Enjoy a fenced yard, 2-car detached garage, and a large backyard on over a quarter-acre lot with ample parking. Located near Horlick High School, Horlick Field, and the Regency Mall, offering convenient access to shopping, dining, and recreational amenities.
This 3/2 duplex located in Racine with 2,000+ Sq Ft is for sale and ready for you! This home has a shared driveway/parking spaces with the property next door also being sold. Featuring a spacious front porch area and plenty of large windows. The lower unit currently rents for $1,000 per month, while the upper unit rents for $650 per month. Located near Racine North Beach on Lake Michigan, Racine Public Library, and William Horlick High School. This home is fully occupied. Schedule a showing today!
Check out this 3 bed 2 full bath open concept home. Updated kitchen with breakfast bar, built in's and sky lights. The cathedral ceilings with beams gives it character and added depth. The lofted bedroom could also be used for an office. The basement just needs flooring to enjoy a future family room. Large fenced in yard with deck is a bonus! Just a little TLC and you'll have instant equity!
Exceptional Cash-Flowing Four-Family Property in Racine. This property currently generates $3,625 per month in rental income, with potential for growth. Two of the four units have been converted into three-bedroom layouts. You also have the opportunity to transform the remaining two units, maximizing your investment!