Contingent

$115,000

1351 Prospect STREET, Racine, WI 53404

4beds

1,600sqft

$917/mo

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Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$72/sqft

$-- HOA

What's special

New mechanicalsBrand new tear-off roofElectrical updatesBrand new windows throughout

Come Check out the endless potential for this duplex. This duplex is a great value add asset into anyones portfolio especially at this entry point price point. Cashflow is exactly what you are buying here! In 2020/2021 this building got new mechanicals, Electrical updates, Brand new windows throughout, and brand new tear-off roof. Only aesthetic updates left. Come check this one out before it is gone.

21 days
812
71

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Features

Basement: Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft

Property

Parking

Parking features: No Garage, 1 Space

Features

Stories: 2

Lot

Size: 7,405 Square Feet

Details

Parcel number: 02601000
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding

Condition

21+ Years
New construction: No
Year built: 1880

Utilities & green energy

Electric: 2 Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: 2 Electric Meters, 2 Gas Meters

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Price per square foot: $72/sqft
Tax assessed value: $68,200
Annual tax amount: $1,876
Date on market: 10/9/2026
Inclusions: Everything In Property
Exclusions: Sellers/Tenant's Personal Property.

Estimated market value

Not available

Estimated sales range

Not available

$1,320/mo

Price history

Date	Event	Price
10/26/2026	Contingent	$115,000$72/sqft
Source: WIREX MLS #1984134 Report a problem
10/16/2026	Listed for sale	$115,000+228.6%$72/sqft
Source: WIREX MLS #1984134 Report a problem
4/5/2021	Sold	$35,000-12.3%$22/sqft
Source: Public Record Report a problem
3/23/2021	Pending sale	$39,900$25/sqft
Source: RE/MAX International #1729361 Report a problem
3/23/2021	Listing removed	--
Source: RE/MAX International Report a problem
3/19/2021	Pending sale	$39,900$25/sqft
Source: RE/MAX International #1729361 Report a problem
3/18/2021	Listing removed	--
Source: RE/MAX International Report a problem
3/13/2021	Pending sale	$39,900$25/sqft
Source: RE/MAX International #1729361 Report a problem
3/5/2021	Listed for sale	$39,900-37.4%$25/sqft
Source: RE/MAX Newport Elite #1729361 Report a problem
12/22/2020	Sold	$63,714$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,877 +12.3%	$68,200 +9.5%
2024	$1,672 +4.9%	$62,300 +9.3%
2023	$1,594 -7.7%	$57,000 +9.6%
2022	$1,727 +39%	$52,000 +8.3%
2021	$1,243 -11.4%	$48,000
2020	$1,402 -37.2%	$48,000 +9.1%
2019	$2,234 +23.4%	$44,000 +7.3%
2018	$1,810 -5.6%	$41,000
2017	$1,916 -12.6%	$41,000 +5.1%
2016	$2,192	$39,000
2015	$2,192	$39,000
2014	$2,192	$39,000 -7.1%
2013	$2,192 -15.7%	$42,000 -6.7%
2012	$2,601 +14.4%	$45,000 -8.2%
2011	$2,273 +24.6%	$49,000 -3.9%
2010	$1,825 +48.6%	$51,000 -3.8%
2009	$1,228 -38.2%	$53,000
2008	$1,989 +39.3%	$53,000 +6%
2007	$1,428 +26.8%	$50,000 +11.1%
2006	$1,126 +20.1%	$45,000 +9.8%
2005	$937 +6.1%	$41,000 +10.8%
2004	$883 +12.9%	$37,000 +8.8%
2003	$782 +10.5%	$34,000 +9.7%
2002	$708 +1.4%	$31,000 +6.9%
2001	$698 +0.1%	$29,000 +3.6%
2000	$697	$28,000