Properties

Listing courtesy of Melges Real Estate
Property Description

Five-unit Racine income property with the heavy lifting already done. Two 2-bedroom units and three 1-bedroom units, each with an eat-in kitchen, range, and refrigerator, The building has a documented long rental history and consistent occupancy. In-place rent is $4,425/mo ($53,100/yr). Recent capital work includes a newer roof (2019) and updated electrical service and wiring (2018), with semi-updated bathrooms and newer windows in select units. Vinyl exterior keeps ongoing maintenance light. Boiler heat, municipal water and sewer, and a full basement with laundry hookups. Located two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront, with Highway 20 running west to I-94 toward the Milwaukee and Chicago markets.

Features
: Full
: None
: Municipal Sewer
Address Map
US
WI
Racine
Racine
53403
11th
311
St
W88° 12' 56.4''
N42° 43' 11.4''
From S Main St, west on 11th St approximately 2 blocks to the property.
Neighborhood
Johnson
Case
Racine Unified
Additional Info
Hyperion Realty
Garrin S Horwitz
Additional Information
2026-06-04
: Municipal Water
4200
: Vinyl
Listing Information
of41345
Active
2026-06-04T22:44:06Z
MetroMLS
2026-06-04T20:26:45Z
41345

Residential Income For Sale

311 11th St, Racine, Wisconsin 53403

0.07 Acre
$429,900
Listing ID #1965738
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1965738
Price : $429,900
Year Built : 1880
Lot Area : 0.07 Acre
Listing Status : Active
Property Sub Type : Multi-Family
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