1001 Prospect St, Racine, WI 53404 (MLS # 1982890)

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PRICE $429,900 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,032 sqft
LOT SIZE 5,663 sqft

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.

LAST UPDATED 10/1/2026 YEAR BUILT 1890
COUNTY Racine STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
LOT 5663 sq ft
LOT DIMENSIONS 0.13
SEWER Public Sewer
WATER Public
ZONING RES
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Riley Real Estate Group LLC
Metro Wisconsin

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