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Updated Four-Unit Quadplex
For Sale
$300,000

1220 N Wisconsin St, Racine, WI 53402

Racine, WI

Property SizeContact for details
Lot Size0.13 Acres
Days on Market79

Property Features for 1220 N Wisconsin St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3 Limited
Elementary school Olympia Brown
Elementary school district Racine Unified
Middle school district Racine Unified
High school district Racine Unified
Directions Google or Apple Maps
Standard status Active
APN 02405000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5181

Building Details

Year built 1887
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Reliance Real Estate Team* · License #7602394
Added: Jun 15 Changed: Aug 19 Last Checked: Sep 1 at 11:06PM
MLS# 1967441

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This four-unit residential property includes a two-bedroom apartment, a one-bedroom apartment, a large efficiency, and a small efficiency. Improvements include replacement windows, renovated kitchens and bathrooms, updated flooring, exterior and porch painting, chimney tuckpointing, foundation sealing, plumbing repairs, and new gutters.

The property is located near Lake Michigan, the Root River, Downtown Racine, and public transit. Its R3 Limited zoning and four distinct apartment configurations provide a defined multifamily layout. Built in 1887, the quadplex combines historic construction with a substantial list of completed updates.

Key Highlights

  • Four‑unit configuration with a 2‑bedroom, 1‑bedroom, large efficiency, and small efficiency
  • New windows throughout, updated flooring, and refreshed kitchens and bathrooms
  • Exterior and porch freshly painted; chimney tuckpointed and foundation sealed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Catering Service Acupuncture Furniture & Home Goods Butcher

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

823
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with two-bedroom, one-bedroom, and two efficiency apartments.
Where is this quadplex located?
The property is located at 1220 N Wisconsin St Racine, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four‑unit configuration with a 2‑bedroom, 1‑bedroom, large efficiency, and small efficiency; New windows throughout, updated flooring, and refreshed kitchens and bathrooms; Exterior and porch freshly painted; chimney tuckpointed and foundation sealed
More about this property
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