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    1137 Valley Dr Racine, WI 53403

    For Sale
    $325,000

    Apartment Building - Racine, WI

    Lot size:
    0.08 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1137 Valley Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    APN
    09809002
    Parking features
    None
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1929
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Juniper Real Estate LLC dba Keller Williams Realty Milwaukee North Shore (414) 962-3605 [email protected]

    Listing agent MTM Collective Group* (414) 962-3605 License #95610-94

    Listing date Oct 28, 2025

    MLS# 1940960 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Racine Four-Unit Apartment Building

    This fully occupied four-family apartment building is located in Racine, Wisconsin. The property consists of four one-bedroom, one-bathroom units, all of which have been renovated in recent years. Renovations include new windows, LVT flooring, fixtures, kitchen cabinets, countertops, faucets, and appliances. The property generates $3,390 per month in rental income. In 2020, the basement underwent maintenance, including new block windows, tuckpointing, and full foundation waterproofing. Additional income is generated from a Speed Queen coin-operated washer and dryer and storage units. Exterior improvements completed in 2022 include tuckpointing, chimney repair with a new cap, and new attic insulation. The property includes a fenced backyard with balconies or patios for each unit. The lot size is 0.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.802535
    Latitude
    42.718893

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied, cash-flowing four-unit building with recent renovations and updates.
    Where is this quadplex located?
    The property is located at 1137 Valley Dr Racine, WI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Fully occupied 4-family property generating $3,390/month.; - All four 1 bed/1 bath units have been renovated with new windows, LVT flooring, and updated kitchens.; - Basement maintenance completed in 2020, including waterproofing.
    (414) 962-3605
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    1137 Valley Dr Racine, WI 53403
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    Racine, WI 53403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1137 Valley Dr Racine, WI 53403
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