Investment Opportunity**Check out this well-maintained 3-unit property offering solid income and long-term potential. Conveniently located in Racine, this property features three unique units:2 Bedroom / 1 Bath Unit - Currently rented for $1,535/month on a month-to-month lease.1 Bedroom / 1 Bath Unit - Rented for $650/month, also on a month-to-month lease.Studio Unit - Leased at $785/month with a lease in place until June 2026, providing steady long-term income.That's a total of $2,970/month in rental income right now, with room to grow! Whether you're expanding your portfolio or just getting started in real estate investing, this property delivers a great mix of cash flow and flexibility.Don't miss your chance to break into the investment world!
Closed
$257,000
1140 Wisconsin AVENUE, Racine, WI 53403
--beds
--baths
--sqft
Multi Family
Built in 1875
-- sqft lot
$-- Zestimate®
$--/sqft
$758 Estimated rent
Home value
Not available
Estimated sales range
Not available
$758/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 24, 2025 at 08:31am
Listed by:
Devin Cain 262-902-9152,
Realty ONE Group Boardwalk
Bought with:
Michael Klug
Source: WIREX MLS,MLS#: 1934173
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Electric, Natural Gas, Forced Air, Individual Heating Units
Cooling
- Individual Heating Units
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Extra Space Available, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 4,791 sqft
Details
- Parcel number: 00639000
- Zoning: R4
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Sold | $257,000-4.8% |
Source:  WIREX MLS #1934173 | ||
| 9/25/2025 | Contingent | $269,997 |
Source: WIREX MLS #1934173 | ||
| 9/7/2025 | Listed for sale | $269,997+237.5% |
Source: WIREX MLS #1934173 | ||
| 8/8/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 6/29/2022 | Price change | $1,400+7.7% |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,802 +4.6% | $139,300 +9.7% |
| 2023 | $3,636 +10.4% | $127,000 +9.5% |
| 2022 | $3,295 -1.7% | $116,000 +10.5% |
Find assessor info on the county website
Neighborhood: Live Towerview
Nearby schools
GreatSchools rating
- 2/10Johnson Elementary SchoolGrades: PK-5Distance: 2.7 mi
- NARacine Civil Leaders AcademyemyGrades: PK-7Distance: 0.2 mi
- 3/10Case High SchoolGrades: 9-12Distance: 4.5 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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