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Four-Unit Quadplex with Detached Garage
For Sale
$274,900

1015 Hagerer St, Racine, WI 53402

Four one-bedroom units feature eat-in kitchens, living rooms, and off-street parking.

Property Size2,846 SF
Price / SF$96.59
Days on Market28

Property Features for 1015 Hagerer St

General Information

Standard status Active
Size 2,846 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1890
Listing Agency: Redefined Realty Advisors LLC
Listed By: William Schmidt · License #7404494
Source: Nikolicgroup
Added: Aug 5 Changed: Aug 31 Last Checked: Aug 31 at 7:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redefined Realty Advisors LLC

Investment Insights

Based on property information with market context.

Built in 1890, this 2,846-square-foot quadplex contains four one-bedroom, one-bath units. Each apartment includes an eat-in kitchen and living room. Unit 4 is vacant and ready for occupancy, while the remaining apartments have established tenancy. Unit 1 is leased through June 30th, and the other units are month to month.

A new full tear-off roof with re-decking is scheduled for completion before closing and will include a transferable lifetime warranty. Recently completed concrete work and porches add to the property improvements. The site also includes a 2-car detached garage, a sizable backyard, and ample off-street parking. The property is offered as-is.

Key Highlights

  • Four 1‑bedroom, 1‑bath units totaling 2,846 square feet
  • New full tear‑off and re‑decked roof to be completed before close
  • Transferable lifetime roof warranty

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Accounting Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby

Demographics for 53402, WI

33,621
Population
15,660
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,681
Density / Sq Mi
$74,125
Median Household Income
$47,838
Median Earnings
$1,049
Median Rent
$224,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom units feature eat-in kitchens, living rooms, and off-street parking.
Where is this quadplex located?
The property is located at 1015 Hagerer St Racine, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units totaling 2,846 square feet; New full tear‑off and re‑decked roof to be completed before close; Transferable lifetime roof warranty
More about this property
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