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18 Beds
4 Baths

$499,900

512 16th STREET, Racine WI, 53403

Built in1920
Property typeMulti-family
Courtesy of Riverwest Realty Milwaukee, Lance Wooten Team*

Overview

Active

Listed Sep 19, 2026

Updated 4 weeks ago

Here we have a rare 5 unit building cash flowing at almost $5000 per month. 4 blocks from the beautiful Racine Beach. All feature 2-3 bedrooms with 1 bathroom. Units were all updated 4-5 years ago. Roof was installed in April of 2025. Dry basement and untapped income potential of 4 car garage that is not being utilized currently. Fully rented and turn key do not miss out on your chance to own this quality investment.

$3,326/mo

Est. mortgage payment based on a $499,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1981365

Interior Features

Bedrooms
18
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$8,204
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Riverwest Realty Milwaukee, Lance Wooten Team*

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 

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