Financial
Distress signals
Property profile

3401 Douglas Ave Racine, WI 53402

FOR SALE
Other investment properties
Property ID
US92-3316466
2,377 SF 0.08 ac lot Built 1928
Last sale Oct 2008 · $55,000
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Built in 1928, this two-family (duplex) property in Racine, Wisconsin retains original interior woodwork, high ceilings, and natural wood trim throughout both residences. The building provides separate living spaces within its two-unit configuration, supporting either owner occupancy alongside a second residence or use as a residential income property consistent with the existing setup. Electrical systems have been updated relative to the original historic construction. The property is located at 3401 Douglas Ave and is zoned B1.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$148k
Assessed land$11k
Assessed improvement$137k
Effective rate2.54%

Value estimate

· Sep 2026
$55k
$50k – $61k
AI approach$55k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$1k
Operating expenses−$11k
NOI · 7.65% cap applied$26k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$45 – $176
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.65%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.3
Law Firm31.0
Spa & Massage22.1

Location

3401 Douglas Ave Racine, WI 53402
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1800 Main, Racine, WI 53402-4711 $110,000 Mar 2024 3,120 SF
3726 Douglas, Racine, WI 53402-3227 $110,000 Apr 2023 2,525 SF
2426 Geneva, Racine, WI 53402-4371 $90,000 Mar 2023 2,600 SF
3551 Douglas, Racine, WI 53402-3274 $195,000 Jan 2022 2,592 SF
1827 Douglas Ave, Racine, WI 53402-4611 $155,000 Dec 2021 2,639 SF
726 Yout, Racine, WI 53402-4738 $51,000 Oct 2021 2,450 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message