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    Racine, WI Apartment Buildings for Sale

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    Racine Commercial Property with Apartments
    Updated: Feb 6
    Racine Commercial Property with Apartments

    1521 Washington Ave, Racine, WI 53403

    $399,900
    9,594 sqft 0.17 AC lot
    Fully equipped restaurant and bar included in sale.
    Three additional apartments provide rental income.
    Two apartments currently rented (Unit 1: $725, Unit 2: $825).
    Owner may assist in financing.
    Central air conditioning.
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    Brick Apartment Buildings with 16 Units
    Updated: Apr 8
    Brick Apartment Buildings with 16 Units

    3111 Wheelock Dr, Racine, WI 53405

    $1,950,000
    0.54 AC lot
    Two brick apartment buildings totaling 16 units
    Unit mix: eight 2‑bedroom and eight 1‑bedroom units
    Updates in six of the 2‑bedroom units and five of the 1‑bedroom units
    Updated units include modern appliances, granite countertops, new lighting packages, and refreshed bathrooms
    All units have in‑unit air conditioning
    View details
    78-Unit Apartment Building
    78-Unit Apartment Building

    134 Main St, Racine, WI 53403

    $11,000,000
    0.88 AC lot

    Apartment complex with one-, two-, and three-bedroom units plus in-unit laundry and central air.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Apartment Building
    Five-Unit Apartment Building

    2553-2565 South Logan Ave., Milwaukee, WI 53207

    $810,000
    7,525 sqft

    Two-story five-unit building with individual heating, unfinished basement, and tenant-paid utilities including water and sewer.

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    Bayview Mixed-Use Investment Opportunity
    Bayview Mixed-Use Investment Opportunity

    3423 South Clement Avenue, Milwaukee, WI 53207

    $574,999
    3,390 sqft

    Turn-key bar with apartments in Milwaukee's Bayview area.

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    Channel Lake Multifamily Investment Property
    Channel Lake Multifamily Investment Property

    26196-98 W Spring Grove, Antioch, IL 60002

    $895,000

    Eight-unit multifamily property with lakefront frontage and income potential.

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    Fully Occupied Multi-Family Property
    Fully Occupied Multi-Family Property

    40523 N IL Route 83, Antioch, IL 60002

    $525,000

    Multi-family rental property with lake rights and income potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Racine, WI

    Consider similar Off-Market properties in Racine, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1636 Memorial Dr
    Multifamily properties

    1636 Memorial Dr, Racine, WI 53403

    Value Estimation by Request
    2,532 sqft
    View details

    Racine, WI Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Racine, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,594 square feet of properties for sale, with an estimated market value of $399,900.

    Sale prices for two-family homes in Racine, WI start at $399,900, averaging $399,900, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 128K
    Population Growth (5Y) -0.5%
    Median Household Income $67,844
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Racine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53402 $349.9K
    53405 $1.2M
    53403 $3M

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Racine County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Racine fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Racine, WI

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    • 53405

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