1518 Lombard Ave, Racine, WI 53402 (MLS # 1986811)

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PRICE $214,900 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,504 sqft
LOT SIZE 3,921 sqft

Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).

LAST UPDATED 10/30/2026 YEAR BUILT 1917
COUNTY Racine STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
LOT 3920 sq ft
LOT DIMENSIONS 0.09
PARKING Paved, Driveway
TAXES 3808.7
WATER Public
ZONING R3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only
Listed with Durante & Rich Real Estate
Metro Wisconsin

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