Take a look at this large recently updated 3/2 duplex with great rental income and low taxes. This 3bd/1ba lower and 2bd/1ba upper is currently generating $2100 dollars per month in rents. The lower tenant is on a 2 year lease (August 2026) but the upper is month to month. This home has had lots of updates in the last 1-2 years: Flooring, Kitchen counters & cabinets, bathrooms, some new windows, Hot water heater (2), electrical panels (2), new concrete around the home, 11 year old roof (per seller). Lots of positives in this cash flowing investment. Being sold As-IS
Closed
$175,200
1208 Hagerer STREET, Racine, WI 53402
5beds
1,000sqft
Multi Family, Duplex
Built in 1890
-- sqft lot
$187,700 Zestimate®
$175/sqft
$1,301 Estimated rent
Home value
$187,700
$163,000 - $216,000
$1,301/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 28, 2025 at 04:34am
Listed by:
Michael Hetland info@sunrealtygroup.com,
Sun Realty Group
Bought with:
Blackstone Realty Services Team*
Source: WIREX MLS,MLS#: 1897688
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 sqft
Details
- Parcel number: 20049000
- Zoning: R3
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Sold | $175,200-4%$175/sqft |
Source:  WIREX MLS #1897688 Report a problem | ||
| 12/8/2024 | Contingent | $182,500$183/sqft |
Source: WIREX MLS #1897688 Report a problem | ||
| 12/2/2024 | Price change | $182,500-2.7%$183/sqft |
Source: WIREX MLS #1897688 Report a problem | ||
| 10/29/2024 | Listed for sale | $187,500+13.6%$188/sqft |
Source: WIREX MLS #1897688 Report a problem | ||
| 5/25/2023 | Sold | $165,000$165/sqft |
Source: WIREX MLS #1831679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,710 +13.2% | $148,700 +28.2% |
| 2023 | $3,277 +18.4% | $116,000 +10.5% |
| 2022 | $2,767 -1.8% | $105,000 +10.5% |
Find assessor info on the county website
Neighborhood: Douglas Avenue
Nearby schools
GreatSchools rating
- 3/10Roosevelt Elementary SchoolGrades: PK-5Distance: 0.5 mi
- NAGilmore Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Horlick High SchoolGrades: 9-12Distance: 0.7 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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$187,700
2% more+ $3,754
With Zillow Showcase(estimated)
$191,454