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    Racine, WI
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    Racine, WI Multifamily Properties for Sale

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    Mount Pleasant, WI Caledonia, WI Kenosha, WI Sturtevant, WI Somers, WI Oak Creek, WI Union Grove, WI Pleasant Prairie, WI
    6 properties
    Five-Unit Investment Property For Sale
    Updated: Mar 31
    Five-Unit Investment Property For Sale

    3005 17th Street, Racine, WI 53405

    $415,000
    3,395 sqft
    Strong income potential from a fully rented 5‑unit building.
    Convenient location with consistent tenant demand.
    Each unit has 1 bedroom and 1 bathroom with hardwood floors.
    Coin‑operated laundry and private storage lockers in the basement provide additional income.
    Unit 1 features a rare attached sun porch.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    3005 17th Street, Racine, WI 53405

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $32K
      Annual

    • Mortgage

      $266K
      Mar 2023

    • Last Sold

      Mar 2023
      $360K

    • Property Type

      Commercial (General)
      Built 1927
    View Property Analytics
    Multi-Property Residential and Bar Portfolio
    Updated: Jul 9
    Multi-Property Residential and Bar Portfolio

    1102 Mound Ave, Racine, WI 53404

    $799,000
    7,673 sqft 0.41 AC lot
    Multi‑property package includes 3 single‑family homes at 1102 Mound, 1108 Mound, and 1120 Mound
    Additional buildings include a 4‑unit home at 1115 Liberty
    Bar included at 1117 Liberty (bar at 1102 Mound listed separately as MLS# 1962212)
    Year built listed as 1880
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    Brick Apartment Buildings with 16 Units
    Brick Apartment Buildings with 16 Units

    3111 Wheelock Dr, Racine, WI 53405

    $1,950,000
    0.54 AC lot

    Two brick buildings offer 16 apartments with in-unit air conditioning across one- and two-bedroom layouts.

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    78-Unit Apartment Building
    78-Unit Apartment Building

    134 Main St, Racine, WI 53403

    $11,000,000
    0.88 AC lot

    Apartment complex with one-, two-, and three-bedroom units plus in-unit laundry and central air.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Racine Commercial Property with Apartments
    Racine Commercial Property with Apartments

    1521 Washington Ave, Racine, WI 53403

    $399,900
    9,594 sqft 0.17 AC lot

    Fully equipped restaurant, bar, and apartments for sale or lease.

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    Restaurant, Bar with Apartments
    Restaurant, Bar with Apartments

    1521 Washington AVENUE, Racine, WI 53403

    $399,900
    9,594 sqft

    Restaurant, bar with three apartments for sale or lease.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakefront Duplex in South Milwaukee
    Lakefront Duplex in South Milwaukee

    2700 3rd Ave, South Milwaukee, WI 53172

    $299,900

    Duplex near Lake Michigan with income-generating potential.

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    Lakeside Towers Senior Housing
    Lakeside Towers Senior Housing

    5800 3rd Avenue, Kenosha, WI 53140

    Contact for pricing
    147,040 sqft

    Fully stabilized, elderly designated, 182-unit Section 8 property.

    View details
    South Milwaukee Triplex Opportunity
    South Milwaukee Triplex Opportunity

    1116 N Chicago Ave, South Milwaukee, WI 53172

    $190,000

    Three-family property with investment potential in South Milwaukee.

    View details
    Mixed-Use Properties Package For Sale
    Mixed-Use Properties Package For Sale

    6017 22nd Ave, Kenosha, WI 53143

    $550,000
    6,779 sqft 0.18 AC lot

    Two adjacent properties: commercial building and duplex, sold as package.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

    View details

    Off-Market Properties in Racine, WI

    Consider similar Off-Market properties in Racine, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1032 College Ave
    BOARDING/ROOMING HOUSE

    1032 College Ave, Racine, WI 53403-1476

    Value Estimation by Request
    2,592 sqft 0.11 AC lot
    View details
    1636 Memorial Dr
    Multifamily properties

    1636 Memorial Dr, Racine, WI 53403

    Value Estimation by Request
    2,532 sqft
    View details
    4801 Washington Ave
    Retirement homes

    4801 Washington Ave, Racine, WI 53406

    Value Estimation by Request
    4.86 AC lot
    View details

    Racine, WI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Racine, WI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 26,943 square feet of properties for sale, with an estimated market value of $1,618,522.

    Sale prices for multifamily properties in Racine, WI start at $200,000, averaging $323,704, and reaching up to $415,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 7
    Quadplexes 2

    Demographics Overview

    Population 128K
    Population Growth (5Y) -0.5%
    Median Household Income $67,844
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Racine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53404 $87.9K
    53402 $302.6K
    53405 $857.3K
    53403 $3M

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Racine County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Racine fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Racine, WI

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    • 53405
    • 53404

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