FOURPLEX 8 BEDROOMS 4 BATHROOMS! Great income property and CAP rate, completely rented with good tenants. Current rents bring in $3,120/month. All units have separate electric, furnaces and water heaters. Tenants pay gas and electric. All newer flooring and carpets throughout the units. Each unit has a stove and refrigerator. Off street parking for the tenants in the back of the house. Roof approximately 5 years old with a warranty, newer gutters, soffits & facia. Separate storage units in the basement for the tenants. The basement has hookups for washers & a dryer. Owner pays sewer & water. All units have similar layouts, kitchens & bathrooms.
Closed
$242,000
1231 Marquette STREET, Racine, WI 53404
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$309,000 Zestimate®
$--/sqft
$1,023 Estimated rent
Home value
$309,000
$294,000 - $324,000
$1,023/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 21, 2024 at 09:22am
Listed by:
Alissa Traughber office@maxelite.com,
RE/MAX ELITE
Bought with:
Sara M Lyle
Source: WIREX MLS,MLS#: 1836835
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Brick,Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 135
Details
- Parcel number: 02117000
- Zoning: Res
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel, Aluminum Siding, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2026 | Listing removed | $325,000 |
Source:  WIREX MLS #1926108 Report a problem | ||
| 8/6/2025 | Price change | $325,000-4.4% |
Source: WIREX MLS #1926108 Report a problem | ||
| 7/11/2025 | Listed for sale | $339,900-4.3% |
Source: WIREX MLS #1926108 Report a problem | ||
| 8/28/2024 | Listing removed | $355,000 |
Source: WIREX MLS #1878571 Report a problem | ||
| 6/12/2024 | Price change | $355,000-5.3% |
Source: WIREX MLS #1878571 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Douglas Avenue
Nearby schools
GreatSchools rating
- 4/10Julian Thomas Elementary SchoolGrades: PK-5Distance: 0.4 mi
- NAGilmore Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Horlick High SchoolGrades: 9-12Distance: 1.1 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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$309,000
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$315,180