Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.
Active
$429,900
1001 Prospect STREET, Racine, WI 53404
--beds
--baths
--sqft
Multi Family
Built in 1890
-- sqft lot
$402,100 Zestimate®
$--/sqft
$-- HOA
What's special
Separate basementPrivate entranceWell-maintained vinyl-sided propertyWell-kept kitchensSpacious unit
- 23 days
- 196
- 13
Zillow last checked:
Listing updated:
Listed by:
Suanne Riley 262-909-2771,
Riley Real Estate Group LLC
Source: WIREX MLS,MLS#: 1982890
Originating MLS: Metro MLS
Facts & features
Interior
Heating
- Natural Gas
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 276000002684000
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Annual tax amount: $5,806
- Date on market: 10/1/2026
Estimated market value
$402,100
$382,000 - $422,000
$1,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $429,900 |
Source: | ||
| 1/23/2025 | Listing removed | $895 |
Source: Zillow Rentals Report a problem | ||
| 12/30/2024 | Listed for rent | $895+46.7% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/23/2016 | Listing removed | $610+2.5% |
Source: Owner Report a problem | ||
| 11/20/2015 | Listing removed | $595 |
Source: Owner Report a problem | ||
| 11/7/2015 | Listed for rent | $595 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Douglas Avenue
Nearby schools
Schools provided by the listing agent
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






