Fully occupied and cash-flowing 4-family in the heart of Racine! This well-maintained property brings in $3,390/month in rental income across four 1 bed/1 bath units -- all of which have been renovated within the past few years. Updates include new windows, LVT flooring, fixtures, kitchen cabinets, countertops, faucets, and appliances. In 2020, the basement underwent extensive maintenance, including new block windows, tuckpointing, and full foundation waterproofing. Additional income from a Speed Queen coin-op washer and dryer & storage units. Exterior improvements completed in 2022 include tuckpointing, chimney repair with new cap, and new attic insulation. Outside, enjoy a fenced backyard with balconies or patios for each unit. A great investment opportunity!
Contingent
$325,000
1137 Valley DRIVE, Racine, WI 53403
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1929
-- sqft lot
$319,700 Zestimate®
$--/sqft
$-- HOA
What's special
Fenced backyardNew windowsNew block windowsKitchen cabinetsLvt flooring
- 43 days |
- 392 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 08:56am
Listed by:
MTM Collective Group* 414-870-2656,
Keller Williams-MNS Wauwatosa
Source: WIREX MLS,MLS#: 1940960
Originating MLS: Metro MLS
Facts & features
Interior
Heating
- Electric
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 3,484.8 Square Feet
Details
- Parcel number: 09809002
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Annual tax amount: $6,384
- Date on market: 10/28/2025
- Inclusions: 4 Refrigerators, 4 Oven/Ranges, 1 Coin Op Laundry
- Exclusions: Seller/Tenant Personal Property.
Estimated market value
$319,700
$304,000 - $336,000
$1,076/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Contingent | $325,000 |
Source: | ||
| 10/28/2025 | Listed for sale | $325,000+18.2% |
Source: | ||
| 6/23/2023 | Sold | $275,000+1.9% |
Source: | ||
| 5/31/2023 | Pending sale | $269,900 |
Source: | ||
| 5/26/2023 | Listed for sale | $269,900-1.8% |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,088/mo
Principal & interest
$1570
Property taxes
$404
Home insurance
$114
Climate risks
Neighborhood: 53403
Nearby schools
GreatSchools rating
- 2/10Knapp Elementary SchoolGrades: PK-5Distance: 0.8 mi
- NAWalden Iii Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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