1217 Erie Street

Racine WI 53402

2070 sq. ft.

0.13 ac.

Multi-Family

Last sold for $205,000

Megan Koehler-Cruz, last sold this property on 15 December 2025 after 11 days on market.

Overview

Investment opportunity! This two-family home is ideally situated just minutes from downtown Racine and a short walk to the beautiful shores of Lake Michigan. Currently generating $2,300 per month in rental income, this property is perfect for investors seeking strong cash flow or homeowners looking to offset their mortgage with rental income. Lower lease is month to month, and upper leased until 2/28/26. Each unit offers spacious living areas, with separate entrances and tenant paid utilities. A new roof installed in 2024, with a 15 year warranty, provides peace of mind. Tenants enjoy close proximity to local shops, restaurants, and public transportation, making this a desirable rental location.

Features

6 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2070 sq. ft. floor area

0.13 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Racine over the last 12 months, the estimated median property value of 1217 Erie Street is $245k.

Median value

$245k

Estimated value range

$157k - $300k

Median days on market

Estimated value trend

56%

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 1217 Erie Street

2025

Sold

$205,000

15 Dec 2025 by Megan Koehler-Cruz, of Epique Realty

2024

Sold

$165,000

01 Feb 2024 by Dawn Martinez, of Sorenson Realty Associates, LLC

2022

Sold

Undisclosed

21 Nov 2022

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.