Listing courtesy of Melges Real Estate
Property Description
Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent–an attractive opportunity for investors seeking an established, income-producing asset.
Features
: Full
: Outdoor Space
: Municipal Sewer
Address Map
US
WI
Racine
Racine
53404
Prospect
1001
St
W88° 12' 28.8''
N42° 44' 2.5''
Spring St to State St. Turn right onto State St. Continue on Marquette St. Drive to Prospect St
Neighborhood
Racine Unified
Additional Info
Riley Real Estate Group LLC
Suanne Riley
Additional Information
2026-10-01
: Municipal Water
4032
: Vinyl
Listing Information
of18302
Active
2026-10-03T14:31:18Z
MetroMLS
2026-10-01T16:27:38Z
15647
Residential Income For Sale
1001 Prospect St, Racine, Wisconsin 53404
0.13 Acre
$429,900
Listing ID #1982890
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1982890
Price : $429,900
Year Built : 1890
Lot Area : 0.13 Acre
Listing Status : Active
Property Sub Type : Multi-Family
Agent info
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