Back 2608 16th St
Off Market

2608 16th St

Racine WI 53405

0.07 ac.
Multi-Family
Last sold for $208,000
Morgan LeseMorgan Lese, last sold this property on 15 May 2026 after 153 days on market.

Overview

Turnkey investment opportunity with strong cash flow potential! This well maintained 3 unit property has been thoughtfully updated by the current owners, offering peace of mind and immediate income potential. Featuring two 1 bedroom units and one spacious 3 bedroom unit, this property is perfect for investors looking to generate steady rental income or for an owner occupant seeking to offset their mortgage. With solid rental appeal and pride of ownership throughout, this is a rare chance to step into residual income from day one. New roof and siding within the last 5 years!!!

Features

0.07 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 2608 16th St is $247.4k.

Median value
$247.4k
Estimated value range
$80k - $395k
Median days on market
41
Estimated value trend
12%
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 2608 16th St

2026
Sold
$208,000
15 May 2026 by Morgan Lese, of REMAX Forward | New Berlin
2023
Sold
$105,000
09 Nov 2023 by Shannon Sweeney-Walker, of Image Real Estate, Inc.
2017
Sold
$75,000
23 Jun 2017 by Dawn Doperalski, of Doperalski Realty & Associates, Llc

Happy sellers in Racine

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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.

Local market activity for multi families in Racine

In the last 12 months, 42 multi families similar to 2608 16th St, have been sold.

This represents a 15% increase in multi families sales when compared to the previous 12 months.

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