Opportunity is knocking in this well-maintained two-family that is currently bringing in $2,400/mo. in rental income. The Lower unit is a 3 bed/1 bath, and the Upper features 2 bed/1 bath with an extra room off the kitchen. The tenants are MTM and professional management is in place for an easy transition should the buyer prefer to be more hands-off. With separate heat, electric, and central air, the owner is only responsible for water/sewer. Deep/heated 2 car garage. Laundry hook-ups in both units. Lower unit takes care of lawn maintenance and has use of garage. Don't sleep on your chance to start - or add to - your rental property portfolio, schedule your showing today!
Closed
$187,500
2801 Wright AVENUE, Racine, WI 53405
5beds
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$197,300 Zestimate®
$--/sqft
$1,158 Estimated rent
Home value
$197,300
$172,000 - $227,000
$1,158/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 07, 2025 at 12:52am
Listed by:
Mary Holoubek 312-259-8827,
Premier Point Realty LLC
Bought with:
Nick Sustache
Source: WIREX MLS,MLS#: 1898961
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Brick,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, 2 Car, 1 Space
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
Details
- Parcel number: 09907000
- Zoning: R3
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Stucco/Slate
Condition
- 21+ Years
- New construction: No
- Year built: 1920
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 |
|---|---|---|
| 7/2/2025 | Listing removed | $1,300 |
Source: Zillow Rentals | ||
| 6/19/2025 | Listed for rent | $1,300 |
Source: Zillow Rentals | ||
| 3/6/2025 | Sold | $187,500-12.8% |
Source:  WIREX MLS #1898961 | ||
| 1/12/2025 | Contingent | $215,000 |
Source: WIREX MLS #1898961 | ||
| 11/26/2024 | Listed for sale | $215,000 |
Source: WIREX MLS #1898961 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,127 -22.6% | $152,500 +10.5% |
| 2023 | $5,334 +63.2% | $138,000 +10.4% |
| 2022 | $3,269 -2.5% | $125,000 +9.6% |
Find assessor info on the county website
Neighborhood: 53405
Nearby schools
GreatSchools rating
- 2/10Knapp Elementary SchoolGrades: PK-5Distance: 0.3 mi
- NAMckinley Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.4 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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$197,300
2% more+ $3,946
With Zillow Showcase(estimated)
$201,246