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Updated Triplex with Rented Units
For Sale
$259,900

739 Villa Street, Racine, WI 53403

Triplex featuring an updated three-bedroom unit and two currently rented units generating income.

Property Size4,791 SF
Price / SF$54.25
Days on Market151

Property Features for 739 Villa Street

General Information

Standard status Active
Size 4,791 SF
Property subtype Multi-Family / Multi-Family

Amenities

Full, Yes
Aluminum Siding

Building Details

Year Built 1880
Listing Agency: ReBelle Realty
Listed By: Adam J Pischke · License #96631-94
Source: Compass
Added: Apr 8 Changed: Aug 8 Last Checked: Jul 20 at 7:50PM

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 ReBelle Realty

Investment Insights

Based on property information with market context.

This triplex offers three residential units within a single multifamily property. One unit is an updated three-bedroom layout, while the other two units are currently rented and producing income.

The property is located on Villa Street in Racine, positioned just steps from downtown Racine and the lake.

With an owner-occupied option alongside existing rental income, this setup is designed to support flexible occupancy while maintaining ongoing collected rent from the two rented units.

Key Highlights

  • Triplex built in 1880 with full basement
  • Updated 3‑bedroom unit plus 2 additional units that are currently rented
  • Two currently rented units are generating income

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Electrical Service Skin Care Clinic Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,426
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Triplex featuring an updated three-bedroom unit and two currently rented units generating income.
Where is this triplex located?
The property is located at 739 Villa Street Racine, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Triplex built in 1880 with full basement; Updated 3‑bedroom unit plus 2 additional units that are currently rented; Two currently rented units are generating income
More about this property
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