$299,000
About this home
Excellent investment opportunity! This three-unit property features two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 recently remodeled; Unit 2 vacant and ready to rent or owner-occupy. Current rental income of $2,335/month from two occupied units, with projected rents of $3,570/month ($42,840/year) at full occupancy. Rentometer area market averages total $4,489/month based on bedroom counts. Tenants pay gas and electric. Basement offers coin-operated laundry (2 washers, 2 dryers) and tenant storage. Major updates include all three furnaces (2025-26), three landlord-owned refrigerators (2026), two stoves (2024-26), roof (2019), water heaters (2018-20), and exterior grading (2025). Great opportunity for investors or owner-occupants!
Facts & features
- Status
- For Sale
- Property type
- Multi-Family
- Year built
- 1890
- Finished sq ft
- 2,945
- Lot size
- 0.07 acres
- Garage
- None
- Basement
- Laundry Facilities, Full
- School district
- Racine Unified
- County
- Racine
- Days on market
- 95
- MLS#
- 1975799
- Construction
- Aluminum Siding
- Water
- Municipal Water
- Sewer
- Municipal Sewer
Location
Directions: South Marquette to Albert St east to property
Estimated monthly payment
$2,027/mo
- Principal & interest
- $1,512
- Property tax
- $399
- Insurance (estimate)
- $117
20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers
Listing courtesy of Movoto, Inc. · Natalie Masse. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Oct 27, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.
