Racine County, WI Multifamily Properties for Sale

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Updated: Mar 27

Mixed-Use Retail and Apartments

1116 Grove AVENUE, Racine, WI 53405

$419,900

4,000 sqft

Mixed‑use building with 2 retail business spaces on the ground level and 2 apartments on the second floor
Potential income from all 4 units in excess of $4,700/month, with a barber shop and beauty shop on the first floor
Roof is about 2 years old and includes a 20‑year transferable warranty for materials and labor
Year built: 1969
Ample side‑and‑rear parking; 3 parking spaces noted

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1116 Grove AVENUE, Racine, WI 53405

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$38K
Annual
Price @ 7% Cap

$543K
Above asking
Last Sold

Jun 2023
$174K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1969

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Updated: Aug 27

Mixed-Use Building with Retail

505 6th St, Racine, WI 53403

$699,000

9,280 sqft 0.12 AC lot

9,280‑square‑foot mixed‑use building on a 0.12‑acre parcel
Street‑level commercial space with four upper residential units
Apartment mix includes 2 two‑bedroom units, 1 one‑bedroom unit, and 1 studio
B4 Central Busi zoning
Three‑phase electrical service added to the 507 commercial space in 2015

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Multi-Property Residential and Bar Portfolio

1120 Mound Ave, Racine, WI 53404

$749,000

7,673 sqft 0.41 AC lot

Portfolio includes three single-family homes, a four-unit building, and a bar for combined ownership opportunities.

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16-Unit Brick Apartment Buildings

3111 Wheelock Dr, Racine, WI 53405

$1,950,000

0.54 AC lot

Two brick buildings offer updated apartments with in-unit air conditioning and on-site laundry.

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Three-Story Brick Mixed-Use Building

330 Main St, Racine, WI 53403

$589,997

8,505 sqft

Brick commercial building with two renovated residential units and dedicated commercial space.

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Multifamily Property

248 W Chestnut St, Burlington, WI 53105

$369,000

0.16 AC lot

Residentially zoned property on a compact urban lot.

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Updated Four-Unit Quadplex

1220 N Wisconsin St, Racine, WI 53402

$300,000

0.13 AC lot

Four-unit residential property with two-bedroom, one-bedroom, and two efficiency apartments.

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78-Unit Loft Apartment Building

134 Main St, Racine, WI 53403

$11,000,000

0.88 AC lot

Downtown multifamily property with varied floorplans, in-unit laundry, central air, and resident amenity spaces.

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Historic Duplex with Finished Attic

1512 College Ave, Racine, WI 53403

$499,900

4,300 sqft

Two residences support owner-occupancy or multigenerational living in Racine’s Southside Historic District.

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Downtown Apartment Building with Storefronts

614 6th St, Racine, WI 53403

$1,440,000

12,360 sqft

Fully occupied building combines residential apartments, commercial storefronts, rear parking, and updated tenant amenities.

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Four-Unit Quadplex with Detached Garage

1015 Hagerer St, Racine, WI 53402

$274,900

2,846 sqft

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

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Mixed-Use Building with Retail

505 6th St, Racine, WI 53403

$699,000

9,280 sqft

Fully occupied property combines street-level commercial space with four upper-floor residential units.

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Duplex with Original Woodwork

3401 Douglas Ave, Racine, WI 53402

$339,000

2,377 sqft

Two residential units feature spacious interiors, tall ceilings, updated electrical systems, and preserved architectural detailing.

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Duplex with Private Garage

2327 Meachem St, Racine, WI 53403

$154,900

1,577 sqft

Two residences provide a two-bedroom lower unit and a one-bedroom upper unit in a manageable layout.

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Updated Triplex with Rented Units

739 Villa Street, Racine, WI 53403

$259,900

4,791 sqft

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

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Mixed-Use Building with Storefront

501 High Street, Racine, WI 53402

$289,900

5,454 sqft

Three occupied apartments accompany a vacant commercial space in this Racine property.

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Occupied 3-Unit Triplex

1356 Deane Boulevard, Unit 1358, Racine, WI 53405

$299,900

5,227 sqft

Occupied multifamily property with separate entrances, on-site laundry facilities, and practical layouts across three residences.

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Two-Story Mixed-Use Office Building

403 6th STREET, Racine, WI 53403

$279,000

3,280 sqft

Two-story commercial building offers two separate units with finished office space, kitchens, and full basement.

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Four-Unit Apartment Building

801 Teutonia Drive, Burlington, WI 53105

$499,900

3,612 sqft

Quadplex with four two-bedroom, one-bath units, each with basement storage and washer/dryer, plus a one-car garage per unit.

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Brick 16-Unit Apartment Buildings

3111 Wheelock Dr, Racine, WI 53405

$1,950,000

11,284 sqft

Two-building multifamily property with updated units, in-unit air conditioning, and on-site laundry facilities.

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78-Unit Loft-Style Apartment Building

134 Main St, Racine, WI 53403

$11,000,000

78,748 sqft

Downtown apartment property with varied floorplans, in-unit laundry, and resident amenity spaces.

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Updated Duplex with Garage

2142 Clarence Ave, Racine, WI 53405

$250,000

1,980 sqft

Two units feature fenced outdoor areas and maple hardwood flooring.

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Three-Unit Triplex Property

1410 12th Street, Racine, WI 53403

$125,000

9,583 sqft

Two structures provide separate entrances and utilities, with renovated duplex space and a rear residence requiring substantial work.

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Updated Duplex

413 Park View Dr, Racine, WI 53404

$149,999

1,500 sqft

Two residential units offer a practical two-bedroom, one-bath configuration.

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Racine County, WI Multifamily Properties Market Trends and Statistics

Explore 54 multifamily properties for sale in Racine County, WI, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 253,231 square feet of properties for sale, with an estimated market value of $40,521,096.

Sale prices for multifamily properties in Racine County, WI start at $99,900, averaging $1,013,027, and reaching up to $11,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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