Residential Income

Racine, WI Residential Income Properties for Sale

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Mixed-Use Building with Retail
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
Updated: Jul 9
Multi-Property Residential and Bar Portfolio

1120 Mound Ave, Racine, WI 53404

$749,000
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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Two-Level Mixed-Use Building
Two-Level Mixed-Use Building

3401 Douglas Ave, Racine, WI 53402

$339,000
2,377 sqft 0.08 AC lot

Commercial space below and a three-bedroom residence above create a flexible live-work configuration.

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See hot listings in Racine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Mixed-Use Building With Four Units
Mixed-Use Building With Four Units

505 6th St Unit 507, Racine, WI 53403

$699,000
9,280 sqft

Street-level commercial space is paired with four upper-floor residential units.

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Mixed-Use Property with Bar
Mixed-Use Property with Bar

1521 Washington Ave, Racine, WI 53403

$349,900
9,594 sqft 0.17 AC lot

Fully equipped food-and-beverage operation with three upstairs apartments.

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16-Unit Brick Apartment Buildings
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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78-Unit Loft Apartment Building
78-Unit Loft Apartment Building

134 Main St, Racine, WI 53403

$10,000,000
0.88 AC lot

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

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Mixed-Use Building with Retail
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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Updated Four-Unit Quadplex
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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Four-Unit Quadplex with Basements
Four-Unit Quadplex with Basements

1001 Prospect St, Racine, WI 53404

$429,900
4,032 sqft

Each residence has its own entry, basement, and separately metered gas, electric, and water service.

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78-Unit Loft-Style Apartment Building
78-Unit Loft-Style Apartment Building

134 Main St, Racine, WI 53403

$10,000,000
78,748 sqft

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

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Three-Story Brick Mixed-Use Building
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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Historic Duplex with Finished Attic
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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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

1521 Washington Ave, Racine, WI 53403

$349,900
9,594 sqft

Operating bar and restaurant space is paired with three upstairs apartments in a historic commercial building.

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Remodeled Three-Unit Property
Remodeled Three-Unit Property

1027 Albert St, Racine, WI 53404

$299,000
2,945 sqft

Three-unit residential property with varied bedroom layouts, basement laundry, storage, and a mix of vacant and occupied units.

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Four-Unit Quadplex with Detached Garage
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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Downtown Apartment Building with Storefronts
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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Mixed-Use Building with Retail Spaces
Mixed-Use Building with Retail Spaces

2710 17th St, Racine, WI 53405

$194,900
2,600 sqft

The property includes two vacant retail units and one vacant upstairs apartment.

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Updated Duplex with Garage
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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Upgraded Four-Unit Quadplex
Upgraded Four-Unit Quadplex

1220 N Wisconsin St, Racine, WI 53402

$300,000
2,018 sqft

Four residential units with varied layouts and extensive recent improvements near major Racine destinations and public transit.

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Duplex with Original Woodwork
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
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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Mixed-Use Bar and Restaurant
Mixed-Use Bar and Restaurant

2203 Dekoven Ave, Racine, WI 53403

$355,000
2,060 sqft

Two-level property combines a restaurant operation with a spacious upstairs apartment.

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Brick 16-Unit Apartment Buildings
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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Racine, WI Residential Income Properties Market Trends and Statistics

Explore 41 residential income properties for sale in Racine, WI, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 205,190 square feet of properties for sale, with an estimated market value of $37,410,297.

Sale prices for residential investment properties in Racine, WI start at $99,900, averaging $1,011,089, and reaching up to $10,000,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 35
Duplexes 11
Quadplexes 9
Apartment buildings 7
Triplexes 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
53402 $334.1K
53404 $336.5K
53405 $825.8K
53403 $1.7M

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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