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8-Unit Apartment Building with Laundry

314 10th St, Racine, WI 53403

For Sale
New
$699,997

Occupied residential property features a mix of larger and smaller one-bedroom apartments, with coin-operated laundry on site.

Property SizeContact for details
Days on Market3

Property Features for 314 10th St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Tenant in Place Yes

Amenities

coin-operated laundry room
keyless keypad entry

Building Details

Year Built 1905
Listing Agency: Pitts Brothers & Associates, LLC
Listed By: Avenue Real Estate
Source: Avenueret
Added: Nov 10 Last Checked: Nov 10 at 2:14PM

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 Pitts Brothers & Associates, LLC

Rey
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Investment Insights

Based on property information with market context.

This 8-unit apartment building dates to 1905 and offers eight one-bedroom, one-bath units, divided evenly between four larger and four smaller apartments. Interior updates have been completed throughout, alongside plumbing improvements and tankless water heaters. Keypad entry serves the units, and a coin-operated laundry room is available on site. All eight apartments are currently occupied.

The property is at 314 10th St in Racine, two blocks from Lake Michigan.

Key Highlights

  • Eight 1‑bedroom, 1‑bath units: four larger apartments and four smaller apartments
  • All 8 units are currently occupied
  • Renovations include updated interiors, plumbing, tankless water heaters, and keypad entry

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

Demographics for 53403, WI

26,269
Population
11,876
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
88%
High-School Grad
10.2 sq mi
ZIP Area
2,575
Density / Sq Mi
$58,274
Median Household Income
$37,130
Median Earnings
$1,029
Median Rent
$159,100
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Occupied residential property features a mix of larger and smaller one-bedroom apartments, with coin-operated laundry on site.
Where is this apartment building located?
The property is located at 314 10th St Racine, WI.
What is the asking price?
The asking price for this property is $699,997.
What are key features of this property?
This property features: Eight 1‑bedroom, 1‑bath units: four larger apartments and four smaller apartments; All 8 units are currently occupied; Renovations include updated interiors, plumbing, tankless water heaters, and keypad entry
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