1140 Wisconsin Avenue

Racine WI 53403

2254 sq. ft.

0.11 ac.

Multi-Family

Last sold for $257,000

Devin Cain, last sold this property on 21 October 2025 after 44 days on market.

Overview

Investment Opportunity**Check out this well-maintained 3-unit property offering solid income and long-term potential. Conveniently located in Racine, this property features three unique units:2 Bedroom / 1 Bath Unit - Currently rented for $1,535/month on a month-to-month lease.1 Bedroom / 1 Bath Unit - Rented for $650/month, also on a month-to-month lease.Studio Unit - Leased at $785/month with a lease in place until June 2026, providing steady long-term income.That's a total of $2,970/month in rental income right now, with room to grow! Whether you're expanding your portfolio or just getting started in real estate investing, this property delivers a great mix of cash flow and flexibility.Don't miss your chance to break into the investment world!

Features

2254 sq. ft. floor area

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Racine over the last 12 months, the estimated median property value of 1140 Wisconsin Avenue is $195k.

Median value

$195k

Estimated value range

$58k - $510k

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Racine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1140 Wisconsin Avenue

2025

Sold

$257,000

21 Oct 2025 by Devin Cain, of Realty ONE Group Boardwalk

2020

Sold

$80,000

07 Feb 2020 by Peggy Shumway, of American Homes Realty, Inc.

Happy sellers in Racine

We have insufficient information to provide an overview of customer satisfaction for Racine. Viewing the agent profiles, reviews and sales for Racine can provide insights for this location.